GC for Ecuador?

Andrew Sackville-West andrew at swclan.homelinux.org
Thu Dec 18 09:19:13 EST 2008


On Tue, Dec 16, 2008 at 06:11:55PM -0500, Frank Marion wrote:
> 
> On 2008-12-16, at 1:06 PM, Steve J wrote:
> > I'm at an eco-lodge in Ecuador where the owners use pen and paper  
> > bookkeeping except for mayroll, which they do with Quickbooks. The  
> > lodge has a dozen employees and the owner says that the tax  
> > situation in Ecuador makes using Quickbooks for bookkeeping  
> > inpractical. I've been using GC for personal finace for several  
> > years but does anyone have any idea as to whether it would be  
> > reasonable for me to encourage them to try it out here. The current  
> > system looks awward, not awfully useful and primitive.
> 
> 
> I can't speak as to whether GC is good for doing payroll, I've always  
> operated on a per-contract basis. I have successfully used GC for  
> personal finances, and my business, and have been quite happy with
> it.

there is no payroll feature in gnucash. That said, recording the
*results* of payroll transactions works just fine. I've done it twice
a month for years. I calculate my payroll expenses and liabilities in
a spreadsheet, present the results in a .qif file and import that into
the register. I record all the required information in two
transactions. The first, the actual payroll txn, records my employer labor
expenses, my employer tax and benefit expenses, deduction of employee
tax and other expenses and collects everything into various liability
accounts. This txn is recorded into an "employee payables" liability
account. When the actual paycheck is written, it credits my checking
account and debits the liability (I think I got that order right). 

WOrks just fine and I can see at anytime what my outstanding payroll
related liabilities are, as well as get meaningful information about
payroll expenses from the regular income statement. 

hth

A
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