Correct. Details of dividends shouldn't appear on the list of buys and sells of a particular share, as they are part of one's financial year's income and the ATO has all that information, the franking amount, unfranked amount, if any, etc.
Once a parcel of shares is sold, it should be recorded against those shares being sold, and the capital gain or loss appears and I use a running sheet of those purchases and sales (and relevant dates of each), price of purchase, price of sale, no. of shares, etc and the Gain or Loss as a consequence. All this becomes part of one's tax return for the fin.year.
Running sheet headings are
Name of share - BHP, RIO, APT, whatever
Date shares bought
No. of share bought
Brokerage
Total paid for transaction No x Price (brokerage is added)
IF SOLD THEN
Alongside this purchase is -
Date of shares sold
No of shares sold
Brokerage paid for sale
Total return in $ of sale No x Price (brokerage is excluded)
Subtract total return $ from total purchase $ = either a gain or a loss.
I enter this on my running sheet for accountant.
Sorry. I am agreeing with you not disagreeing with you, but trying to be helpful to original poster.
