A very frequent annoyance:
A mutual fund issues a dividend and a LT capital gain. The distributions are all reinvested in the same fund.
I download three transactions, all dated 12/18/2009:
Div LT Capital gain Purchase of additional shares in the fund
Guess what order they come out in: First the purchase, then the distributions.
This offends my sensibilities; how can I purchase shares with money that's not yet there?
So I have a choice of how to handle it in Quicken:
(1) Convert the distributions to reinvestments (requires doing some arithmetic) (2) Change the purchase date to 12/19/2009.
Is there a cleaner way to handle this annoyance?