Dividends in arrears

Hello @Dean85

You would have to do this with 2 journals (depending on your nominals you may need to create extra codes)

I found this post in the forum along similar lines to what you are asking.

An unpaid dividend, also known as a Dividend Payable, refers to the dividend that a company has announced but has not been paid to stockholders.
Unpaid dividends have certain implications on a company, so also are unclaimed dividends. Both unpaid and unclaimed dividends are recorded as current liabilities on a company’s balance sheet. The current liabilities account is cleared when the unpaid and unclaimed dividends are paid.