This is pretty simple with ledger: use metadata. You can assign the
expenses to whichever account and sub account you want, and tag them with
additional data for additional processing. For example: I keep track of
fuel expenses for our separate cars, but charge all of the expenses to
Expenses:Auto:Fuel. Each transanction is tagged with with a "Car" tag that
has a value corresponding to the car:
2011/01/01 * Arco
Expenses:Auto:Fuel
;Car: Sienna
;Vacation: 2010-12 California
Assets:VWCU:Joint $ -41.92
In this case I also tagged it with the vacation we were on.
On Mon, Sep 3, 2012 at 8:39 AM, Robert Klubenspies <
[email protected]> wrote:
> Hi There!
>
> So I'm a little confused. Right now I have a very unique financial
> situation that needs to be managed on paper somehow. Perhaps someone can
> lend me some advice on how to structure my accounts with Ledger. I have a
> few accounts:
>
> * Business Checking
> * Personal Checking
> * Personal Savings
>
> Both checking accounts have debit cards tied to them. I do not have credit
> cards.
>
> My sources of income are the following:
>
> * Contracted (1099'd) work in the name of my business deposited into my
> business checking account
> * Contracted (1099'd) work in my personal name deposited into my personal
> savings account
>
> I have to pay quarterly estimated taxes on both of those sources of
> income. My business is a single-member LLC and is treated by the IRS as a
> disregarded entity.
>
> Here's where my situation gets complicated. Some of my personal
> expenses inevitably wind up being charged to my business debit card and
> some of by business expenses inevitably wind up being charged to my
> personal debit card. I was wondering what is the best way, in your opinion,
> to go about making my data file so that I can track business and personal
> expenses separately, but still have a quick way to run quarterly income
> reports and yearly profit and loss reports on all of my accounts for
> estimated taxes.
>
> Thanks for your help!
>
> -Robert
>
--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
