Separate salary accounts?

prl prl at ozemail.com.au
Sat Jun 16 05:51:25 EDT 2012


I have separate accounts for each person, employer combination. I don't 
think an account per employer is sufficient - my wife & I had the same 
employer for some time.

As for the clutter, how many employers do you think you're likely to 
have? When you feel you no longer need to see them, you can always hide 
them.

But many of these things are either a matter of taste, or for 
convenience for dealing with officialdom: tax, etc.

Peter

On 16/06/12 19:36, Michael Henry wrote:
> Hi there,
>
> Should I create a separate "salary" account for every employer? I currently
> have two salary accounts, one for my wife and one for myself, but I changed
> jobs a few months ago and it has just occurred to me that I should put
> payments from my new employer as coming from a separate account. The point
> of doing this is obviously to be able to track income from each employer,
> but the issue that arises is that the old employer salary account is
> defunct; it will never be used again and will clutter up my accounts.
>
> In the process of composing this e-mail I think I have answered my own
> question (keep a single salary account) but I'm not sure how I would
> distinguish between income from my current employer and my previous
> employer. If this is trivial then I probably shouldn't have a separate
> salary account for my wife as I can use the same mechanism to distinguish
> salary payments from her employer. Does this make sense?
>
> Your thoughts and advice would be greatly appreciated!
>
> Michael
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