On Wed, 21 Dec 2022 at 05:53, Maf. King wrote:
>
> > another top-level of accounts is produced for VAT, so one has 6
> categories,
> > not the usual 5.
>
> I think that as I decided that I would mostly owe VAT, I folded my VAT
> collection accounts into the liability branch.Assets may be a
On Wednesday, 21 December 2022 05:24:01 GMT Dr. David Kirkby wrote:
> looks potentially interesting. This post
>
> https://lists.gnucash.org/pipermail/gnucash-user/2003-July/007526.html
>
> probably explains what these boxes are.
Yeah, that's what I used to get GC set up for VAT many years ago.
On Tue, 20 Dec 2022 at 09:43, Maf. King wrote:
> Morning Dave.
>
> I think the answer to this depends on the question "are you planning to
> register for VAT?", and also falls squarely in the category of "ask your
> accountant for his opinion on how to do this"
>
Unfortunately turnover is not
Could you create:
Expenses->Stock->Items
Expenses->Stock->VAT
?
That way, reports would give you a summary of the Items and the VAT... I
don't recall if they will sum the two for you... they might.
On Mon, Dec 19, 2022 at 6:47 PM Dr. David Kirkby <
drkir...@kirkbymicrowave.co.uk> wrote:
> My
Morning Dave.
I think the answer to this depends on the question "are you planning to
register for VAT?", and also falls squarely in the category of "ask your
accountant for his opinion on how to do this"
If you are planning to register, then you might as well start your books with
that goal
My company is not registered for VAT (tax), but I probably have to pay 20%
VAX (tax) on 75% of the items I buy.
I have the following accounts
Expenses
Expenses -> Stock
Expenses > Office supplies
I can not see how I can determine how much I have spent on stock,
*including* the TAX.
The account
