Even worse, sometimes local sales taxes in the 🇺🇸 depend on where the buyer lives, not where the seller does business.
On Wed, Jul 7, 2021, 10:34 AM Michael or Penny Novack < stepbystepf...@comcast.net> wrote: > 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. > _______________________________________________ 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.
