Insurance shared with employer

[David Hampton]

On Thu, 2006-01-19 at 16:32 -0500, Marc Tardif wrote:
> My employer shares payment of insurance with employees half and half.
> So, if insurance costs $100, my employer pays $50 and I pay $50. The
> problem is that I'm not sure how to account for these amounts.
> 
> For example, lets say I have a salary of $1000. So, my employer adds $50
> for its portion of the insurance which makes my gross salary look like
> $1050. Then, I am deduced the full amount of the insurance $100 which
> brings me to $950.
> 
> How do I account for my salary and insurance in GnuCash? Should I report
> $1050 as Income:Salary and $100 as Expense:Insurance:Benefits? Shouldn't
> I report $1000 as Income:Salary, $100 as Expense:Insurance:Benefits and
> something else for the $50 insurance paid by my employer?

I use accounts named Income:W2 and Income:Other.  I would record this as
$1000 from Income:Salary, $50 from Income:Other, $950 to Assets:Checking
and $100 to Expenses:Insurance.  YMMV.

David