Hi, There is documentation on employing a Gnuash account hierarchy to produce special purpose gl codes for VAT, and that is extremely helpful. I can see that a report could be then run against them to produce the numbers to go into the various boxes of the return and first time round the return can be filtered by 'before the cut off date' so transactions belonging to a future quarter are not included.
Next time the VAT report is required for the following period the 'before date' filter stops me including post date transactions again, but how do I not include transactions dated within the prior period, but not included in the prior return? This is a common situation, especially with input transactions which can get 'temporarily lost' and are posted to the books after preparation of a period's VAT return although they are dated within that period. The proper thing to do is then to include them in the next VAT return, and because they are inputs there is no cashflow loss to HMRC so no hassle. Other computerised and paper systems I have seen have a mechanism to also mark all transactions included in a VAT report and form with either a simple 'VAT done' flag, or an identifier for the specific VAT period return the transaction has been reported on. I am struggling to find anything equivalent to this in GnuCash (and there is so much other real good stuff). Similar considerations would apply to UK HMRC NRLT, CIS, IPT, MGD and many other statutory schemes both in relation to the taxes due/deductible and total inputs and outputs. In regards the VAT I am thinking about the standard arrangement, not cash accounting or fixed payment on account VAT arrangements. If VAT returns are being done with GNUCash I am presuming there is a simple answer. Many thanks -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list [email protected] 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.
