Hi, Someone on the #gnucash IRC channel suggested I write this message as I have quite a complex issue.
Basically I've made a few purchases the last few months, most of which I paid without VAT. Here's a concrete example to help you better understand. I bought a laptop. This laptop cost € 2016, VAT included. However, as i have a VAT number, I paid only € 1694,12. A few prerequisites: - My accountant wants me to include foreign VAT as an asset and also include Belgian VAT as an asset. He calls that a "null operation" but it's necessary, he says. - Looking at my transaction report, we noticed the balance for each month isn't correct. It should be equal to zero. - This purchase has to be used as an investment (asset account) which can then be depreciated each year. I thought I was able to solve the problem by creating a bill linked to the vendor (Business\Vendor\New Bill), then posting the bill and processing the payment - amount without VAT linked to checking account/VAT in the separate VAT account. Below are screenshots of that: [Purchase minus German VAT] [Purchase minus Belgian VAT] But the Liabilities:VAT Sales:Belgium looks totally messed up. To be honest, I don't think I know what I'm doing anymore. I've tried many things already but to no avail... Thank you in advance for the feedback. Jeremy
_______________________________________________ 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.
