David T and David C,
Thank you for your responses, and apologies for my delayed reply.
David T,
Yes, I think I would have a single account for the mandatory and voluntary
contribs, and the Income a/c for employer contrib sounds appropriate.
Interest rates are the same for both employer and emplo
Umakanth,
Income (and Expense) accounts always need to be under the Income or
Expense top account. The only way to associate them to assets or
liabilities is to have similar names. I normally name them with the base
name first, then some significant detail then end with Interest or whatever
is
Sorry. I didn't really answer your second question.
First question, why do you need to calculate the two interest figures
separately? Does the fund manager do this?
As for calculating interest, you will find it fraught with difficulty. The
likelihood that your calculations will match the instit
I track various such items on my own books.
I probably wouldn't have separate accounts for the mandatory and the voluntary
contributions; they are calculated as one. I would enter each contribution type
as a separate split, though. That's how I've done it myself.
For what it's worth, I enter e
Hi All,
I have recently started using GnuCash to keep track of my personal
expenses. I find it to be a great software and am still learning its
features. This is my first post and it pertains to entering details of
employer sponsored deductions from paycheck in GnuCash. I have read other
posts re
