[GNC] Entering paycheck details of Employer sponsored deductions

[Umakanth V S]

Hi All,

I have recently started using GnuCash to keep track of my personal
expenses. I find it to be a great software and am still learning its
features.  This is my first post and it pertains to entering details of
employer sponsored deductions from paycheck in GnuCash. I have read other
posts related to the subject of paycheck, but could not find any that
clarifies my doubts.

We have a scheme called PF (Provident Fund), in which some amount is
(mandatorily) deducted from the paycheck and credited to the PF. I can also
make an additional (voluntary) contribution. The employer contributes an
amount which also goes into this Fund. These contributions generate a
compounded interest. Details as follows:

Employee contrib (mandatory) = P
Employee contrib (voluntary) = Q
P+Q generates compound interest A
P+Q+A = balance of employee contribution

Employer contrib = R
R generates compound interest B
R+B = balance of employer contrib

All taken together (P+Q+A+R+B) gives the total balance outstanding in the
PF account.
I have created the account structure as follows:


Assets:PF
Assets:PF:Employee_contrib:Employee_contrib-mandatory
Assets:PF:Employee_contrib:Employee_contrib-voluntary
Assets:PF:Employer_contrib:Employer_contrib

I have created all above accounts as 'Bank' Account Type, because, if
required, I can take a loan from this PF account.

I have two issues:

1.  I want to create seperate accounts for Interest earned for my
contribution and employer contrib. I tried to do that as
Income:Interest-Employee_contrib and tried to place it under the
Assets:PF:Employee_contrib: location in the account tree. I am not able to
assign it as an Income type. The available types are Bank,Cash,Asset etc .
How do I do this or what category do I assign it?
I would like both the Interest accounts to be under Assets:PF (and not
under Income: )so that I can get a consolidated view of the complete PF
account.

2. How do I set up auto calculation of the compound interest A & B for both
the employee and employer contribution accounts?

Thanks in advance,
Umakanth