Matt Seburn | 2 Feb 23:59
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Income deductions

Hi all, just a quick question.

Has anyone found it useful to use Ledger to track deductions on their
income, like income tax, pension contributions, etc?  Or do most
people simply enter their net income?

I can see it being useful, but then the net income becomes less
apparent, and perhaps budgeting would get more complicated as a
result.

Any thoughts?

Thanks!

Craig Earls | 3 Feb 02:32
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Re: Income deductions

Yes I track deductions use a metatag ";Tax: Deduction"  that way I can slice and dice as I see fit. 

On Thu, Feb 2, 2012 at 15:59, Matt Seburn <mattseburn-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:
Hi all, just a quick question.

Has anyone found it useful to use Ledger to track deductions on their
income, like income tax, pension contributions, etc?  Or do most
people simply enter their net income?

I can see it being useful, but then the net income becomes less
apparent, and perhaps budgeting would get more complicated as a
result.

Any thoughts?

Thanks!



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Paul Lathrop | 3 Feb 18:52

Re: Income deductions

On Thu, Feb 2, 2012 at 2:59 PM, Matt Seburn <mattseburn-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:

Has anyone found it useful to use Ledger to track deductions on their
income, like income tax, pension contributions, etc?  Or do most
people simply enter their net income?

I can see it being useful, but then the net income becomes less
apparent, and perhaps budgeting would get more complicated as a
result.

It doesn't obscure the net income much, IMHO, and I find it nice because I've gotten a W-2 (In case you aren't in the US, that's an end-of-year statement of how much income tax you paid) that was wildly incorrect, so I've needed this information. Your mileage may vary, but I think it's a good idea.

--Paul
Craig Earls | 4 Feb 07:02
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Re: Strange "print" behavior in comments

No. There is no way to tell ledger to leave them alone.

On Tue, Jan 31, 2012 at 10:33, Hsiu-Khuern Tang <tangoh-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:


On Sep 14 2011, 2:54 pm, Martin Michlmayr <t...-R+vWnYXSFMfQT0dZR+AlfA@public.gmane.org> wrote:
> * Craig Earls <ender... <at> gmail.com> [2011-09-14 14:11]:
>
> > I have tried manually putting the comments in both places, and the
> > command "ledger -f ./file.dat --sort d print " puts out the included
> > text.  That seems strange.  I have a small mind and like
> > consistency.
>
> It is consistent.  ledger wraps the line after 80 characters and the
> latter two notes don't fit into the line, so they are placed on the
> next line.  You could pass -w to ledger to specify wide output.


Related question: is there a way to specify that ledger should not
reformat comments?  In other words:

1. if the comment is on the same line as the account, such as
  Expenses   $10  ; very long comment on this account that exceeds
the width

  then the comment should NOT be wrapped; and

2. if the comment is on the following line, such as
  Expenses   $10
  ; short comment

  then it should not be combined with the previous line.

Thanks!
- Hsiu-Khuern.



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Craig Earls | 4 Feb 07:03
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Re: Highlight accounts with spaces in Emacs

It is fixed in the "next" branch of the git repo I believe, but not master.

On Mon, Jan 16, 2012 at 22:58, Ivan <ivan.inozemtsev-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:
Hi,
I have recently upgraded to ledger 3.0 and found that highlight of
account names with spaces is broken. I took a look at git repo and
found that there's a change set fixing exactly the same problem in
2009 – https://github.com/jwiegley/ledger/commit/8834fc0c15a53b8db8c2aaee95d2b25a050fe786

However the change set above adresses file ldg-mode.el, not ledger.el,
I guess something has been changed with packaging. Anyway I just
reapplied this patch to ledger.el locally and problem is fixed.



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Craig Earls | 4 Feb 07:07
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Re: Income deductions

Yes, I track my actual pay, and all withholding and other taxes as they are paid.  My W-2 is simply a confirmation of my own record keeping.

For the actual taxes I keep them all under an Expenses:Taxes:...  tree
For expenditures that are tax deductible, charitable donations, medical etc, I account for those under the appropriately names account, but meta tag them with Tax:Deductible

Finding net income is trivially easy, and I don't often ask that question anyway.

On Fri, Feb 3, 2012 at 10:52, Paul Lathrop <paul <at> tertiusfamily.net> wrote:
On Thu, Feb 2, 2012 at 2:59 PM, Matt Seburn <mattseburn-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:
Has anyone found it useful to use Ledger to track deductions on their
income, like income tax, pension contributions, etc?  Or do most
people simply enter their net income?

I can see it being useful, but then the net income becomes less
apparent, and perhaps budgeting would get more complicated as a
result.

It doesn't obscure the net income much, IMHO, and I find it nice because I've gotten a W-2 (In case you aren't in the US, that's an end-of-year statement of how much income tax you paid) that was wildly incorrect, so I've needed this information. Your mileage may vary, but I think it's a good idea.

--Paul



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Craig Earls | 4 Feb 07:09
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Re: Ledger Documentation Available

Thanks for the feedback.  Its nice to know someone besides me is reading it.  I have slowed down on the manual for the last month or so.  I will add some beef to 5.5.2.

On Mon, Jan 30, 2012 at 06:03, Chris Thompson <thompson.chris-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:
Thanks so much for the update! I read through the whole thing and am
very impressed by all your work -- you've done an amazing job.

I really like the asset allocation example. If I had one comment, it's
that handling more basic stock transactions and reporting in ledger is
still a bit unclear. There is section 5.5.2, but it just shows basic
stock purchases and sales. What is the best way to account for
dividends? Is there an easy way to report the total return for a
security? (i.e. current price + dividends accumulated - (purchase
price + purchase commission)) Also, maybe related to this: an example
using --comm-as-payee might be helpful.



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Craig Earls | 4 Feb 07:12
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Re: n00b automated transactions

Try:

= /^Assets:Credit Union:Joint Checking/
  (Liabilities:Tithe Owed)                      (-0.1*amount)
= /Tithe/
  (Liabilities:Tithe Owed)                      -1.000


On Sun, Jan 15, 2012 at 19:15, Nic M <nicdevel-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:
Hello,

i just got started on Ledger and i am trying to figure out to solve
this problem and i can't figure out anything from the docs. This is an
example from the docs

2011/09/15 * Deposit Acme Bytepumps Monthly Paycheck
Income:Taxable:Acme Bytepumps Inc. $-2500.00
Assets:Brokerage:Checking $175.00
Assets:Investments:401K Deferred $250.00
Expenses:Tax:Medicare $36.25
Expenses:Tax:Federal Tax $200.00
Expenses:Tax:State Tax $20.00
Expenses:Insurance:Life $18.75
Assets:Credit Union:Joint Checking

is there a way i could say automatically compute say Tithe of the last
line ie: 'Assets:Credit Union:Joint Checking'

thank, Nic



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Craig Earls | 4 Feb 07:15
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Re: questions regarding draft (entry/xact)

1. "draft" is dead.  The man page is very old.  Use the ledger documentation available at http://enderw88.wordpress.com/ledger-documentation/  (this is not the official documentation, but it is my latest release.  It hasn;t gotten scooped into the official repo yet)

2.  No.  Good idea though.  I will add a feature request to bugzilla

On Wed, Jan 25, 2012 at 23:22, David Whitmarsh <dwhitmarsh-Re5JQEeQqe8AvxtiuMwx3w@public.gmane.org> wrote:
I'm using $ ledger --version
Ledger 3.0.0-20110325, the command-line accounting tool

Built from homebrew using --HEAD and I have a couple of questions
regarding the entry/xact command.

1) The ledger.1 man page lists a command called draft, but as far as I
can tell it doesn't exist. I can understand the man page being behind
the code, but is the man page ahead of the code or just wrong?

2) When using the entry command is there an easy way to specify that
the transaction occurred yesterday or the day before. I imagine
something like
$ledger entry t-1 Blah groceries '$3.41'
would give something like (today is 2012/01/26)
2012/01/25 Blah
   Expenses:Dining:Groceries                $3.41
   Liabilities:CC:Amex

and t-2 would give the same entry but with the date of 2012/01/24.

Thanks,
David

PS, how do I determine what the git sha version string this ledger was
built from is?



--
Craig, Corona De Tucson, AZ
enderw88.wordpress.com
Jim Robinson | 4 Feb 16:37
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Re: Income deductions

Like the others here, I plug in every number from my pay stub.

Doing so allows you to break down exactly how much tax you
are paying, the amounts of pre or post tax deductions, etc.  An
example w/o the numbers:

2012-02-06 Stanford University Paycheck
        Assets:USAA:Checking                           $_,___.__
        Assets:403b:SCRP                                 $___.__  ; 403b: employer basic
        Assets:403b:SCRP                                 $___.__  ; 403b: employer match
        Assets:403b:SCRP                                 $___.__  ; 403b: pre-tax
        Assets:403b:SCRP                                 $___.__  ; 403b: post-tax
        Expenses:Tax:Federal:Withholding               $_,___.__
        Expenses:Tax:Federal:MED/EE                       $__.__
        Expenses:Tax:Federal:OASDI/EE                    $___.__
        Expenses:Tax:Ca:Dis/EE                            $__.__
        Expenses:Tax:Ca:Withholding                      $___.__
        Expenses:Insurance:Medical                        $__.__
        Expenses:Insurance:Vision                          $_.__
        Income:Stanford:Salary                        $-_,___.__
        Income:Stanford:Pager                           $-___.__
        Income:Stanford:SCRP:Basic                      $-___.__
        Income:Stanford:SCRP:Match                      $-___.__

The '; 403b:...' markers allow me to run a report like this:

  ledger bal 403b:SCRP --pivot=403b -b 2012 -e 2013

which will provide a report on employer, pre-tax, and post-tax
contributions to a 403(b) retirement fund (something in the
US that lets people save for retirement in leu of a pension,
but which has very specific rules about pre-tax and total
contribution limits).

Jim


Gmane