On Wed, Apr 6, 2011 at 3:52 PM, Michael Farnbach <[email protected]>wrote:
> Just a quick question to add to the top of this, just because it is > something I've been thinking about too... > > Lets say someone sets up a liability, you owe yourself (or your company) > money as happened in this thread. > > Lets say I want to charge myself interest, what is the most automatic way > to calculate what you need to pay yourself back with? (Or in this case, pay > your employees with)? > > My situation is a reserve account, sort of like a trust in the > documentation, that acts as an account within an account for something I'm > saving for. > > Some months I might not be able to make the reserve, but perhaps I can pay > into it next month the same amount plus the interest it would have earned in > the savings account. How do I calculate and account for that interest? > > Thanks, > > I appreciate any help. I was figuring this out on my own and got a bit > stuck. > Create another account (grin!). Its easy enough to create accounts. Use that ease! Darald
