Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

On Mon, Apr 20, 2009 at 12:32 PM, John Hasler wrote: > John Bell writes: >> On further reading there IS a similar witholding tax in the UK, but it is >> much more limited in scope than 1099 as it only applies to entertainers >> and sports persons... > > 1099 is an information return.  Only under r

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

John Bell writes: > On further reading there IS a similar witholding tax in the UK, but it is > much more limited in scope than 1099 as it only applies to entertainers > and sports persons... 1099 is an information return. Only under rare circumstances is 1099 withholding required

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

Chris Travers wrote: > Just a note: > > The customer tax issue is a slightly different issue, but closely > related. We also need a tax group system for customers. > > ... which is why I bought it up. On further reading there IS a similar witholding tax in the UK, but it is much more limited

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

Just a note: The customer tax issue is a slightly different issue, but closely related. We also need a tax group system for customers. Also there is an issue with 1099 stuff in the US where some but not all vendors may require tax witholding. Hope this helps, Chris Travers

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

Jeff Kowalczyk wrote: > > Also, by grouping 2{a,b,c} do you mean printed on separate forms, i.e. > limit to one country code per form? > At least for small amounts of sales it's easier than it looks. I currently handle this by setting any customer that will be zero rated for EC vat to have th

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

Jeff Kowalczyk wrote: > On Mon, 20 Apr 2009 09:32:47 +0300, John Bell wrote: > >> That sounds very much like what is required for EC Sales List reporting >> for EU countries. For each client resident in another EU country, we >> would need to record >> a) country code, >> b) VAT registration n

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

On Mon, 20 Apr 2009 09:32:47 +0300, John Bell wrote: > That sounds very much like what is required for EC Sales List reporting > for EU countries. For each client resident in another EU country, we > would need to record > a) country code, > b) VAT registration number > c) value of sales > http:/

Re: [Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

Chris Travers wrote: > So here is my proposal: > > Basic Design: > 1) We allow users to designate nationality of companies and persons. > Maybe this should go into the entity table? > 2) We allow one to designate tax reporting forms as attached to > countries. (1099-MISC, 1099-INT, etc) > 3) Ven

[Ledger-smb-users] Proposal for 1.3: 1099 and equivalent tracking

So here is my proposal: Basic Design: 1) We allow users to designate nationality of companies and persons. Maybe this should go into the entity table? 2) We allow one to designate tax reporting forms as attached to countries. (1099-MISC, 1099-INT, etc) 3) Vendor accounts are attached to one of