Hello Adrien,

Thanks for your reply. Much appreciate.

I was running the transaction report, without selecting child account (I assumed that by selecting “Income” account all children accounts would be selected automatically, but that was not the case). I selected all the children accounts (there is a separate Tab for the same in Transaction report) and I could generate the report, which is close to what I had expected.

I also tried to run the Account Summary report, which was cleaner and concise, (though I had to select individual “Taxable Income” separately), but it could not generate the Grand Total.

Yes, I am aware that I can filter based on the note/description text to generate the tax report, as you kindly highlighted. But I always fear, if I may miss tagging a particular transaction as Taxable while posting, and eventually it may lead to an error in figures I get. So I chose little foolproof way, though I have to make few extra entries, but it is OK for me!

Thanks again for your suggestion and wish, one day we will see a tax report for India too !!

With my best regards


Paras

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