Re: Company sponsored stock plan

2018-01-01 Thread Mike or Penny Novack
On 1/1/2018 4:01 PM, Klaus Dahlke wrote: Stop --- this advice depends on jurisdiction (in the US, the contributions if "pretax" are taxed only at distribution time many years down the road). But there may be other complications. The employer contribution is usually "conditional" becoming veste

Re: Company sponsored stock plan

2018-01-01 Thread Klaus Dahlke
On Sun, 31 Dec 2017 10:00:55 -0500 Mike or Penny Novack wrote: > On 12/30/2017 4:39 PM, Klaus Dahlke wrote: > > Hi Wolfgang, > > I have modeled a comparable plan as follows: first of all, I record my > > salary only net. Salary is what is posted to my bank account after all > > deductions. >

Re: Company sponsored stock plan

2017-12-31 Thread Mike or Penny Novack
On 12/30/2017 4:39 PM, Klaus Dahlke wrote: Hi Wolfgang, I have modeled a comparable plan as follows: first of all, I record my salary only net. Salary is what is posted to my bank account after all deductions. I you don't participate in such plan, posting is straight forward, e.g.: Bank <-> Inc

Re: Company sponsored stock plan

2017-12-30 Thread Klaus Dahlke
Hi Wolfgang, I have modeled a comparable plan as follows: first of all, I record my salary only net. Salary is what is posted to my bank account after all deductions. I you don't participate in such plan, posting is straight forward, e.g.: Bank <-> Income:salary -> 1000 If you participate in the

Re: Company sponsored stock plan

2017-12-28 Thread David Carlson
It sounds like your company is setting up an account similar to what we usually call a 401-K in the US. Whether it actually is a 401-K or not, you can track the account in the same way, except for the tax related issues. You can set up GnuCash to have a brokerage account similar to the example in

Re: Company sponsored stock plan

2017-12-28 Thread Ignacio Fernandez Ortega
If you are using the multicurrency example from the guide I am sure is not going to work I dealt with the same issue last week. Take a look at https://lists.gnucash.org/pipermail/gnucash-user/2017-December/073686.html On Thu, Dec 28, 2017 at 4:27 PM, Wolfgang Paul Rauchholz < wp.rauchh...@gmail.c

Company sponsored stock plan

2017-12-28 Thread Wolfgang Paul Rauchholz
Trying to set the following up, but can‘t get it right. I hope to find help here. That is the scheme: The base currency is in €. 1) monthly, a certain amount (in €) is taken off salary and invested in stocks (in USD) 2) the company adds X-% on top of the amount and stock (in USD) is bought 3) Rep