Investment question...
Doug Latornell
doug-gnucash at sadahome.ca
Sat May 12 11:26:06 EDT 2007
I have a similar situation in which my employer matches a small percentage
of my salary that I choose to direct to the companies retirement savings
plan that holds mutual funds. I treat the employer's match funds as coming
from an Income:Investments:ABC RSP account. IANAA, but my logic for that is
that the employer's match funds are part of my "total compensation" and thus
income.
Doug
On 5/12/07, Eric Ladner <eric.ladner at gmail.com> wrote:
>
> My company has a stock match plan where they pitch in and match a
> portion of the money that I put into it.
>
> Where would that money come from? The only thing I can think of is
> maybe creating an Equity account to pull it from, but I'm not sure if
> that's right. I don't really want to have to keep track of the other
> side of the money they're giving me, but I understand that the double
> entry accounting requires it to be so.
>
> What's a best practice for that?
>
> Thanks,
>
> --
> Eric Ladner
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