401K and Employer Contribution

Bill Wohler wohler at newt.com
Wed Mar 10 00:19:47 CST 2004


John Reynolds <gnucash at reynj.fastmail.fm> writes:

> This is the way I do it ( Income:401K match ), but now that I think of
> it, it does inflate my income total. To avoid that, do as Derek says
> and make the matching entry from equity. I think the preference is up
> to you... unless I'm mistaken.

I use Income sub-accounts to represent income that isn't taxable so I'd
imagine I'd do the same for 401k matching funds too.

-- 
Bill Wohler <wohler at newt.com>  http://www.newt.com/wohler/  GnuPG ID:610BD9AD
Maintainer of comp.mail.mh FAQ and MH-E. Vote Libertarian!
If you're passed on the right, you're in the wrong lane.


More information about the gnucash-user mailing list