That's a reason for using the Equity:TaxProvision account for recording the liability rather than directly to an Expense:Tax account when you accumulate the Liability as per the alternative approach outlined in an earlier post. Then you can adjust it in Equity before paying the tax and transferring it to expense.
Each Month Dr Cr Liability:Tax 1000 Equity:TaxProvision 1000 then adjust it when you know what the tax to pay is Dr Cr Liability:Tax 2000 Equity:TaxProvision 2000 Then pay the tax and transfer it from Equity to expense(this can be done in a single 4 split transaction or two two split transactions - the 4 split makes it clearer that these are the same financial event). Dr Cr Asset:Bank 10000 Liability:Tax 10000 Equity:TaxProvision 10000 Expense:Tax 10000 David ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ 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.