On 03/28/2018 07:50 AM, Mike or Penny Novack wrote:
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
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
Hi,
Adjust the "Tax Rate" to be 80% of the rate. You can compute this
relatively easily with a little algebra.
Let's say the tax rate is 5%, and you have $100 in billable labor. Only
80% of that is taxable, so 0.8*100 = $80. Then you take 5% of that,
.05*80 = $4. In this example you could
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?
I've thought of several approaches, but none seem very satisfactory:
* Make
