Paycheck info with percentages

Question

As there isn't a paycheck wizard in the Mac version, I create a split to track all the stuff taken out of my paycheck. What I am curious about is how I can I set it up so that will put 5% of the gross towards my 401k account and then 30% of my NET into another account. Is there a way I can do this?

jacobs · Answer

No. There's no way to record a formula to apply to a split amount.

Now, if your paycheck is generally the same from pay period to pay period, you can create the paycheck deposit transaction with all the deductions and the transfer in the splits and make it a scheduled transaction on whatever schedule you get paid. Then you won't have to monkey with it each paycheck. But if your pay is variable, I'm afraid you'll have to adjust the splits manually each time.