[GNC] Recommended Method of Entry for IRA Distributions

[David Carlson]

You probably noticed that the answers here lead to multi account splits
that resemble a simplified paycheck transaction.
If it happens that you are also tracking the qualified account details in a
brokerage account, possibly even with variations for traditional accounts
vs Roth accounts you may need to include extra accounts to make it easier
to track tax status, which is not discussed here.

On Wed, Jan 11, 2023 at 6:35 PM Adrien Monteleone <
adrien.monteleone at lusfiber.net> wrote:

> +1
>
> Regards,
> Adrien
>
> On 1/11/23 6:29 PM, Stan Brown wrote:
> > How would you do it in a pen-and-ink ledger? The answer is the same for
> > GnuCash.
> >
> > So many people seem to be under the impression that GnuCash does
> > accounting ion its own special way. It's much more helpful, in my
> > opinion, to think of GnuCash as an automated version of the pen-and-ink
> > ledger methods that are taught in basic bookkeeping courses (or used to
> be).
>
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-- 
David Carlson