I'm brand-new to MoneyWell and still trying to get my head around some of the new ideas the program offers. I can handle traditional double- entry accounting and financial analysis just fine, but I'm stumped on what I should do on pay day.
Like just about everybody, when I get paid, I have gross salary, but then there are numerous deductions. If I only put the amount deposited to my account into my salary bucket, how do I account for my total income? Alternately, If I put the total amount into the salary bucket, I assume I would then allocate to the various expense buckets, but now my bank account shows multiple transactions where there should only be one deposit. I know this makes me sound like I'm brainless. Standard, single-line expenses I understand fine. But what is the general procedure for pay day, with the all the various flows and deductions that occur then? Please share! I'm lost... --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
