Hi Joanna

This is not a daft question.

It is answered in https://wiki.gnucash.org/wiki/FAQ#Tax_Handling:_Goods_and_Service_Tax_.28GST.29_or_Value_Added_Tax_.28VAT.29

The exact process may vary, but ultimately these VAT amounts must be recorded in accounts of type asset or liability.

Please feel free to ask further questions.


On 04/02/18 03:12, Joanna Howells wrote:
I am new to accounting software so just wanted to know if gnucash handles VAT?  I may be asking a daft question, but the other free software I've looked at specifically says it does handle VAT but there is no mention that I can see in the description of gnucash.

look forward to hearing back from someone?  many thanks!

_______________________________________________
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.

_______________________________________________
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.

Reply via email to