I appreciate the various input here; it has been educational, so I wanted
particularly to add my thanks.
On Tue, Jan 16, 2024 at 4:17 PM Michael or Penny Novack <
stepbystepf...@comcast.net> wrote:
> On 1/16/2024 1:42 PM, Adrien Monteleone wrote:
> > I'm thinking of a case where someone starts
On 1/16/2024 1:42 PM, Adrien Monteleone wrote:
I'm thinking of a case where someone starts using GnuCash either at
the point they start taking disbursements or after. I'm about to help
a family member in that exact situation.
While Deferred Income wasn't tracked along the way, I'll set up the
I'm thinking of a case where someone starts using GnuCash either at the
point they start taking disbursements or after. I'm about to help a
family member in that exact situation.
While Deferred Income wasn't tracked along the way, I'll set up the
account with the present total as an opening
On 1/15/2024 9:47 PM, Jediator wrote:
I am not an accountant, so please excuse my ignorance. I was
wondering is it really necessary to create a separate deferred income
account when you could just do a transaction report on your IRA
account to see how much distribution you had in a year or a
That is a good point... I just want to try to do things "properly", but as
you point out, in a practical sense, it (probably) doesn't matter. Plus,
it is helping my understanding and knowledge to grow, and I consider that a
good thing.
On Mon, Jan 15, 2024 at 8:49 PM Jediator wrote:
> I am
I am not an accountant, so please excuse my ignorance. I was wondering
is it really necessary to create a separate deferred income account when
you could just do a transaction report on your IRA account to see how
much distribution you had in a year or a month? -- JC
On 1/15/24 5:33 PM,
On 1/15/2024 4:02 PM, R Losey wrote:
Thank you; this is helpful.
I never really thought about recording Deferred Income previously
because the investment people track it and let me know what has been
taken out every year. But after the discussion in this list last
year, I thought it might
