I read this, QB is not great for franked dividends It lacks:* A proper franking account ledger* Dividend statement generation* ATO franking compliance tracking"

Hello there, @rwmweco. While QuickBooks doesn't offer built-in functionality for franked dividends, you can track them by creating a custom account in your Chart of Accounts and using journal entries to record dividend movements. Given the strict reporting requirements for franking dividends, it's also a good idea to have an accountant double-check your entries to keep everything accurate.

Should you have more questions about managing franked dividends in QuickBooks, we're just a message away.