OK, the USUAL situation with things like this that a conditional
liability is involved. You got something NOW but would be required to
give it back under certain conditions. In other words, this asset comes
with a conditional liability.
ONE way is to enter a "journal transaction" when received, debiting
equity and crediting the liability. Then each time vesting occurs,
another journal transaction debiting that liability and crediting equity
for the amount that became vested. You could handle "split dollar"
insurance the same way, and here having a clear picture of the liability
could be very useful as there are options*
Michael D Novack
* At termination, you get to choose. Surrender the policy keeping the
difference between cash value and the premiums owed OR buy the policy by
paying the premiums owed. That latter could be a good deal if your
health very poor at that time.
On 4/6/2025 6:20 PM, flywire wrote:
Let's kick this off...
Say you have an Assets:Brokerage Account:Stock:AMZN account from (
https://www.gnucash.org/docs/v5/C/gnucash-guide/invest-setup1.html#invest-setup-example2
). Maybe use an Assets:Unvested:Stock:AMZN account and transfer them when
they vest. Unvested stock may never vest so they are not really worth
anything in the Balance Sheet. The value is either zero or vested value *
vesting risk (depending on the purpose of your books). If they are given a
non-zero value the account could be excluded from the Balance Sheet.
Updating share (stock) value manually at the end of each financial year
works well for me.
Regards
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