how to split social security income?
Ian Konen
iankonen at gmail.com
Fri Apr 5 11:56:00 EDT 2013
On Fri, Apr 5, 2013 at 11:27 AM, Ken Blaine <kblaine at neo.rr.com> wrote:
>
> Anyway, my actual question involves social security income. My medical
> insurance is deducted automatically. For example 1800(gross) less 100 for
> medical =1700 net automatically deposited to checking. How do I enter the
> 100 to medical expenses without getting an imbalance?
>
>
This is what splits are for. A single transaction can involve more than
two accounts. In this case each monthly SS deposit would go in like:
Income:Social Security credit 1800
Expense:Medical Insurance debit 100
Asset:Checking Account debit 1700
--
Ian Konen
iankonen at gmail.com
www.linkedin.com/in/iankonen
978-821-6498
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