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May not be a bug. Some 'dividends' paid after the end of the financial year are actually income in the previous FY. Most ETFs, which are actually Trusts, that pay distributions.
Need to know which stock you have to know for sure - for me I see correct behaviour - eg bank dividend with ex date prior to 30 June paid in July, does NOT get flagged even when not Confirmed. But my ETF distributions do.
HTH
PS regarding the subject line - you can actually still generate the tax report, the message is a warning.
https://community.navexa.io/t/dividend-dates-and-reporting/160/8
Hey @navarre_trousselot I think this is a sign that when these income items are displayed on the tax reports, they need a little information icon to explain why they are appearing (ditto for when they are excluded in the following year)
Do you want me to raise this as a new post or should we use this one?
@brenton this one is fine. I agree we will display an info icon explaining why it is correct these items are showing up.
Hi @silverspoon20 @brenton answer is correct.
These records have a distribution date of the 30th of July, so it is correct they are showing up in the 22-23 financial year.
We'll display an info icon in the dividend reconciliation list to explain this in future.
We have released a change that will show an info icon next to the relevant records in the dividend reconciliation screen.
It explains why these records are present.
@silverspoon20 can you confirm the above answers make sense? Then I'll close this one out.
@navarre_trousselot which screen are you referring to? - I don't see it on either the bottom of the taxable income report, or All Dividends (see pic)
And I think it would be useful in both of those places.
@brenton yes it is that screen but the warning only displays when the ex-dividend date is outside of the range.
In your example because the ex-date is included in the date range, there is no warning.
@navarre_trousselot Hmm, it would be worth still displaying it in that scenario too.
People know for normal shares it is the Date Paid that counts. When an ETF pays a dividend after 30 June, they wonder why the income appears in the prior FY.
It would be great if @silverspoon20 could tell us which shares they were referring to in the original post.
@navarre_trousselot thanks I wasn't aware of this (distribution date being outside the FY) I also did not realise it's a warning message only and not an error and I could have still generate the report but then wouldn't be sure of the accurecy of the report without all the correct dividentds.
@navarre_trousselot @brenton sorry my gmail somehow added emails from Navexa Feedback to spam so didn't realise all this conversation. @brenton I was refering to some of the ETFs such as VAS, VGS, NDQ. Appreciate all the help from both of you. I should be ok for now so this ticket can be closed. Cheers.