Re: [GNC] Treating tax authority as a vendor

2019-01-18 Thread Adrien Monteleone
with a vendor? > Would it gum anything up (reports etc) to post directly to AP? > > Ron > > - Original Message - > From: "Adrien Monteleone" > To: "Gnucash Users" > Sent: Thursday, January 17, 2019 3:48:08 PM > Subject: Re: [GNC] Treatin

Re: [GNC] Treating tax authority as a vendor

2019-01-18 Thread gnucash . dgr9z
be, other than loosing the association with a vendor? Would it gum anything up (reports etc) to post directly to AP? Ron - Original Message - From: "Adrien Monteleone" To: "Gnucash Users" Sent: Thursday, January 17, 2019 3:48:08 PM Subject: Re: [GNC] Treating tax authority

Re: [GNC] Treating tax authority as a vendor

2019-01-17 Thread Adrien Monteleone
Ron, I do this for property taxes with no issues that I can think of. If you want to do this with pass through payments like sales taxes/VAT you might need to think carefully. In such cases, you’d likely post via the invoice the tax charged/collected to a "Liability:Sales Tax Due" account or

[GNC] Treating tax authority as a vendor

2019-01-17 Thread gnucash . dgr9z
Hi all, Is it recommended/not recommended to set up your local tax authority/ies as vendors and pay taxes against bills? Are there advantages or disadvantages to doing this from an accounting perspective? Similarly, are their design assumptions in Gnucash that would make it a good/bad way to