Accounting question about recording money owed

I'm running a small company, just me on the wage books. I'm paying myself as
a normal employee and my company is paying the various taxes out of those
wages.

The thing is that at times the company can't afford to pay those wages,
waiting for customers to pay. So I'm paying the tax on my salary but I'm not
actually paying myself. I consider my company owes me that salary and it'll be
paid when customers pay.

My question is how best to record this in GnuCash. I could use Accounts Payable
and make up a ficticious vender. But I'm not sure that abstraction works as I
might go a few months with the owed money growing a bit. I was thinking that
it's maybe closer to VAT or Sales Tax and that it's better recorded as a
liability. My problem with that is that I'll end up with a current account,
Expense:Wages, and Liability:Wages which is going to take a bit of juggling.

If I have this right at the end of the month I could take money from
Expense:wages to Liability:wages and then when the companies ship comes in
transfer money from CurrentAccount to Liability:Wages.

Sorry this is probably a stupid question, as everybody says here "I'm not an
account but..." so anyhow just though I'd check that a Liability is a good way
to do things. Thanks for any advice for all the non accountants ;-)
0
John
1/8/2017 10:09:06 PM
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