Or keep it all in the same file. emantically ledger doesn't care. I have lots of metadata tagging taxable, deuctible, etctera. I can completely generate the data on three separate W-2 forms from the metadata I have. Use tags liberally then figure out the filtering and data combination options.
On Mon, Sep 3, 2012 at 11:18 AM, Robert Klubenspies < [email protected]> wrote: > I've got it now! Thanks! I suppose I can maintain two different data files > (business.dat and personal.dat) and, where applicable, tag taxed income or > tax deductible expenses. > > > On Monday, September 3, 2012 1:26:44 PM UTC-4, enderw88 wrote: > >> 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 >> > -- Craig, Corona De Tucson, AZ enderw88.wordpress.com
