I am using GnuCash for my freelance business. My dad always taught me to set 30% of a check aside for the government's share.
How would you enter this to keep track of the tax liability? I am thinking I'd have to enter it against my *Income:Sales* account as a transfer to *Liabilities:Tax* I figure at the end of the year *Asset:Checking Account* can transfer to satisfy the true Tax liability. One thing to note, I *don't* want the liability to effect reports on sales reports. :/ Am I just overthinking this? -- Chris <ch...@cgsmith.net> _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
