Re: [GNC] IRA/401K income detection

[David G. Pickett via gnucash-user]

OK, not anything like an accountant, so my books have just asset, liability, 
income, expense.  Equity might be a better place for the IRA/401K, since it is 
an asset with a varying value and an attached tax liability TBD.  So, how 
should I have set up such 100% pretax deferred income accounts to capture the 
income when money is transferred out, preferably without two transactions (talk 
about your double entry!)?  
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