[GNC] Retirement funds accounting rule
Adam H. Kerman
ahk at chinet.com
Thu Jun 11 16:51:03 EDT 2026
3:08pm -0000 06/11/26 Sherlock <sh025622 at gmail.com> wrote:
>If I'm following you correctly, the approach described in the early thread
>should work. Any withholding can be included in the transaction.
>See: https://lists.gnucash.org/pipermail/gnucash-user/2026-June/120857.html
Exactly. I read and replied in that thread and similar threads.
But I'm looking for an actual accounting principle to cite to get the loan
officer to submit the potential fund distributions as ordinary income on the
loan application since the loan itself requires the borrower to show future
income and not assets.
Sometimes list subscribers know these citations. I haven't found what I need
yet.
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