On Mar 22, 8:40 am, Scott H <[email protected]> wrote: > 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...
I register the money put in my account. Frankly, the gross salary does not matter that much, I can't spend that and have absolutely no say in where part of it goes. The only part I can decide things about is the actual deposited amount. For tax-purposes the gross amount matters, but I can just look at my final pay-slip for the year to see the totals. Don't know if you have that too. Why do you want to track / account for your gross income? That might help in answering what you could do. cheers, Tanja --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
