My union contract requires a certain number of furlough hours be taken over the next year and a half. Furloughs are basically unpaid vacation--I don't show up, and don't get paid. How should I represent this obligation in GNUCash?
I have a fairly extensive set of accounts for assets, liabilities, expenses and income. I've got three ideas but no clear way to decide between them:
- Furlough days represent the absence of a transaction and thus should not be recorded at all. Obviously this makes it difficult to ensure I meet my contractual obligations and create a personal record of meeting them.
- The furlough days are a liability, since they're in some sense "owed." But it gets fuzzy since I don't know where the initial transaction would come from. Pay periods where I take furlough days would be reflected in the massive payday split transaction.
- The furlough days are an asset, since it's like a vacation. Pay periods where I take furlough days would be reflected in the payday transaction as a transfer from asset to a vacation day expense account.
Can anyone come up with an even better transaction model, or possibly explain which one actually makes sense?