The vesting cookbook details a way to account for RSUs, and elsewhere there is occasional mention of tracking paid time off (PTO) as a commodity VACHR (vacation hours), though I've not seen as much detail on the latter. There appears to be some similarity here, as both situations represent credit for future income---income which the US IRS considers to have occurred upon that future date. For vacation, my employer's pay slips specifically split out what is normally a single "salary" line item into salary and PTO pay, with an effective hourly rate listed. Some companies also allow cashing out of vacation at various times, such as when terminating one's employment.
So, assuming one is booking VACHR or HOOL.UNVEST into Asset accounts, I could see the "realization" date booking going one of two ways: Option 1) Directly cash in the commodity (with some made up numbers): 2018-01-15 * "Payroll" ;Typical posting when no vacation taken: ;Income:Hooli:Salary -2600.00 USD Assets:Hooli:Vacation -8 VACHR @ 30.00 USD Income:Hooli:Salary -2360.00 USD ; ...postings to spend down 2600.00 USD in gross income... This lines up well with how my existing payslips are already structured, using pricing (@) to directly capture the relationship between hours burned and corresponding portion of gross income. This is a one-off price conversion, too, I don't think VACHR or HOOL.UNVEST would want to be held "at cost" right? Option 2) 2018-01-15 * "Payroll" Assets:Hooli:Vacation -8 VACHR Expenses:[Hooli:]Vacation 8 VACHR ; not sure if I'd want the Hooli segment to scope it Income:Hooli:Salary -240.00 USD ; could still choose to break this out specifically Income:Hooli:Salary -2360.00 USD ; ...postings to spend down 2600.00 USD in gross income... In this case, the expended commodity is not as directly coupled to the amount of cash realized, but this lines up better with the U.S. IRS view, which is that I earned the corresponding income in 2018 (i.e., there is an Income posting in a 2018-scoped transaction). Likewise with RSUs, where the shares generally vest in a different year from that of the initial grant, and the IRS sees income in the vesting year. Option 2 is what the Vesting cookbook suggests. I'm just wondering (a) if there were any additional considerations or pros/cons behind this suggestion besides those I've mentioned, and (b) whether Martin Blais or any others who track vacation do likewise when they take vacation. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/5eea9e36-d53a-42ac-ae05-de3c3a36bcfd%40googlegroups.com. For more options, visit https://groups.google.com/d/optout.
