Investments contributed to from outside source
Jason Ahrens
jason.ahrens at rogers.com
Thu Mar 10 21:57:32 EST 2005
What about creating a separate income account "Income:Company Stock" and
directly transfering from that into the associated Stock accounts? It would
seem to get around the "phantom income" in most situations.
Then I can split my pay to show my contribution to the stock, and for the
portion of the stock the "company" bought, it comes directly from the new
Income account never showing up anywhere else.
Jason
On March 9, 2005 22:57, David Reiser wrote:
> I use the separate account method you mention, even though it does
> cause me problems with some reports. For each paycheck I have (along
> with several other splits):
>
> Income:Salary-mine PAY
> Income:Employer retirement match Y
>
> And then I keep 2 'outgoing' splits (even though they go to the same
> account):
>
> Assets:Investment:Retirement-mine X
> Assets:Investment:Retirement-mine Y
>
> Viewed in the Income account, the income splits are in the Income
> column, and the Assets splits are in the Charges column.
>
> I'm sure the accountants will chime in with how it should be done. I
> certainly haven't resolved all my questions about the ways I think
> about income and retirement accounts. 'Y' is certainly income, but it
> is deferred income, and sometimes I don't want that included in
> reports. OTOH, I do want to keep up with what those numbers are. Last
> year there was a slight discrepancy among the 3 versions of the account
> (mine, employer's, and investment entity's), so it was useful to have
> the entries.
--
"Zen is the madman yelling, 'If you wanta tell me that the stars are
not words, then stop calling them stars!'"
-- Jack Kerouac
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