How do I count income from RSU vesting or ESPP events? They arent really investment income.
Edit: What is the "Share" column in the Accounts page?
Edit: Not sure what the correct way to enter a property with a mortgage is.
Hi starguru, sorry it's not more clear as to what to do regarding a mortgage! Hopefully I can clear it up for you.
The best way to represent a home with a mortgage would be to first create a new
Account with the type of
property. Then, since you don't own the home outright, you would want to create a second
Account with a type of
loan.
Then when you go to create a new monthly Entry, you can enter the values for those two accounts for the month in question. For the Account with the type of property, put in the total estimated value of your home. For example, if realtor.com says your house is worth $340k, enter that amount. Next in the second Account with the type of loan, enter in the outstanding balance that is remaining on the mortgage.
Now you will have two accounts, one being an asset (albeit illiquid) and the other being a liability (the mortgage). The difference between the two is your equity in the house.
You are also going to want to represent the house as an Expense as well if you are still paying a monthly mortgage.
It's a little confusing but it starts to make sense once its all modeled out.
Regarding the "Share" pie chart, I did away with it in the most recent build tonight. It initially showed what percent an Account/Expense/Income made of the most recent Entry. Not the most useful or clear metric. I've had other people stumped by what it means so I removed it for the time being.
Regarding income from RSU vesting or ESPP events, if you are actively withdrawing from them, I would say to add them as an Income and record how much you are withdrawing as income each month in the Entries. However, if you are not, I would classify them as an Account (type asset).
For example, I track my 401k as an Asset as I am not withdrawing from it even though it is technically making me money via interest. Those gains in interest are not being withdrawn so I don't consider it income and the gains are reflected in the month over month entries.
Hope that helped clear up some confusion!