Hi all, I need help in setting up GnuCash to achieve the following goal: - Track my monthly net income (after taxes and pension fund contribution)
Situation: I give a service that I invoice per hour and the cost paid by the customer consists of the following components: x: Cash payment = y + p1 y: Service gross cost p1: 1st pension fund contribution = 0,02 * y On y I have to pay also: t1: tax I have to pay = 0,05 * y p2: 2nd pension fund contribution = 0,10 * (y - t1) Accounts: - Income - Bank Account - Tax - Pension fund Given that I pay out of my bank account the taxes twice a year and the contribution to the pension fund twice a year, the 'Income chart' report does not give me a clear view of my net income over the month. I tried to set up a tax table where I used some equivalent coefficients in order to automatically assign t1 to Tax account and p1, p2 to the Pension fund account (rather difficult given that here the tax and pension fund are computed in cascade), but I wonder if this is the correct strategy (the Pension fund account goes negative instead of positive for example). What is the correct way to proceed in order to obtain a monthly net income chart considering the taxes and pension fund contribution percent over each customer payment? Thanks _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
