On 3/27/2018 6:28 PM, Matthew Pressly wrote:
Our state tax laws are such that most of the work that I do is considered "data processing" of which 20% is exempt and 80% is taxable. Is there a good way to configure GnuCash to handle that when making an invoice?
It's worse than this (the general case) and we may be asking too much of an accounting package (as opposed to a "point of sales" system that feeds the accounting package). A state might have complex rules about what is taxable and at what rates.
We'll start with to your example. Suppose your services to some client included some sort of work taxed at 100%, some data processing at that 80/20 rate, and some sort of work not taxed at all. Obviously whatever rule could not be based on the invoice total but would have to be based on the parts of the bill. And could you reasonably expect the accounting package to "know" the categories? What if that were complicated.
Take a store selling (among other things) clothing in my state. In general "clothing" not taxed BUT individual items of clothing above a certain price taxed and perhaps clothing "accessories" taxed (or other items people might think of as in the category "clothing"). Ordinarily it is a "point of sales" system that accesses a database of what it taxable and produces the receipt/bill with the amount that is tax figured out (and then THAT passed to the accounting package -- and probably the inventory package).
When we fault gnucash for not doing some of the things available with this or that commercially available "business system" we forget that those business systems come with parts doing those things. They are built up of cooperating pieces only one of which is "accounting". In many cases not monolithic systems as different sorts of entities would need only certain parts. Thus a "store" would want POS and inventory, a professional service not need those but would want billable hours, and both would want payroll.
Michael D Novack _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
