On 7/7/2021 7:41 AM, flywire wrote:
GST is only really supported if it's auto-calculated otherwise a user has to enter twice the splits with the associated logic and keying errors. I've only been using the Account Register for data entry.
But GST in Australia appears to be a simple problem compared to "sales tax" here. Which not only varies by state (with respect to rate) but on what is or is not subject to the sales tax.
This may be too much to expect from an ACCOUNTING system like gnucash if we expect automation. Usually this sort of thing is handled by what is called a POS system (point of sales) which builds the invoice of sales receipt << it will have the total sales tax attributed to this sale figured by adding up the sales tax on each item since whether taxable or at what rate depends on the item >> Such systems also need to make provision of "no tax" sales where the buyer has a certificate of exemption on file with the vendor.
Typically a POS system is paired with an accounting system. The latter has only to be able to accept the transaction as created by the POS, not figure it out.
Michael D Novack _______________________________________________ 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.
