Why not create a transaction for the appropriate year between tax
expense and tax payable?
Dr. Expenses:FederalTax
Cr. Liabilities:FederalTaxPayable
Then when you actually pay,
Dr. Liabilities:FederalTaxPayable
Cr. Checking (or whatever source account)
That way, the expense shows up for the year of the first transaction,
the payment for the year of the second. Both are correct and in their
respective accounting periods.
Regards,
Adrien
On 3/8/24 3:54 PM, David G. Pickett via gnucash-user wrote:
I recently created ExpenseAccounts/Taxes/FederalEven and
ExpenseAccounts/Taxes/FederalOdd to allow me to get a meaningful report on
estimated tax and various tax withholding. The payments in Jan 2024 for 2023
estimated and later for 2-23 tax due do not clutter the reports on 2024 tax
year, and the 2022 items do not get into the 2023 report. Is there a better
way to deal with this?
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