02-03-2005, 12:40 PM
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 Re: Paychecks and Draws They should definitely be two transactions. See http://umpmfaq.info/faqdb.php?q=151. "Michael Sainz" <mike[at]twofatfrogs.com> wrote in message news:%233K5VGcCFHA.956[at]TK2MSFTNGP12.phx.gbl... - quote - > Have an interesting question here regarding how I get paid and what do > I put into Money. I get paid once a month...but I get two checks. The > first check on the 15th of every month is a draw on my next check. The > second check is my actual paycheck. Taxes are not taken out on my first > check, but on my second check taxes are taken out, and on my deductions > they include the draw check on the 15th...the first check. How would I go > about putting this into Money? I download my statements and it tries to > make the seperate checks two different transactions. Is this right, or how > should I go about doing this so taxes come out right at the end of the > year? |
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#-1
02-03-2005, 06:25 AM
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| Paychecks and Draws Hey all, Have an interesting question here regarding how I get paid and what do I put into Money. I get paid once a month...but I get two checks. The first check on the 15th of every month is a draw on my next check. The second check is my actual paycheck. Taxes are not taken out on my first check, but on my second check taxes are taken out, and on my deductions they include the draw check on the 15th...the first check. How would I go about putting this into Money? I download my statements and it tries to make the seperate checks two different transactions. Is this right, or how should I go about doing this so taxes come out right at the end of the year? Michael |
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| draws, paychecks |
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