Payroll take 2

[Derek Atkins]

This violates the "double-entry" paradigm.  The actual tax "expense"
happens when the payroll happens, not necessarily when you actually
write the check to the taxman.

-derek

Aldous Everard <aldous at hypercubesystems.co.uk> writes:

> I like the trimmed down look, no extraneous distractions.  Also very
> useful for a complete beginner like me to see more of how it works.
> 
> Shouldn't the taxes only show on the Liabilities though, until they are
> transferred to the Expenses account, at which point they come off
> Liabilities? thus:
> 
> Before payment of tax:
> 
> -Liabilities    800
>    -Tax1	500
>    -Tax2	300
> -Expenses       1700
>    -Salaries    1700
>    -Tax1        0
>    -Tax2        0
> 
> After payment of tax:
> 
> -Liabilities    0
>    -Tax1	0
>    -Tax2	0
> -Expenses       2500
>    -Salaries    1700
>    -Tax1        500
>    -Tax2        300
> 
> Does that make sense?
> Aldous
> 
> 
> On Wed, 2003-07-23 at 19:18, Jon Lapham wrote:
> > Okay, simplifying things using Dereks suggestions leads to this:
> > 
> > http://www.jandr.org/temp/gnucashdocs/bus_payroll1.html
> > 
> > Notice that in the screenshots I trimmed away the fat.  Do ya'all prefer 
> > it like that, or should I put the other stuff back?
> > 
> > I will add another section at the end on using reports for summarizing 
> > payroll... but since I don't know how to do that yet...
> 
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-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available