GnuCash Tax reporting feature doesn't work for Australia. To extend a few comments:
> ...enter these foreign tax transactions... to a separate foreign tax account > That's perhaps because you hold foreign stocks only through mutual funds > That's what accountants are for. Asking GnuCash to provide that level of monitoring is out of scope for the software. I disagree with the last comment. One of my favorite features of GnuCash is tracking these ETF components and it has nothing to do with accountants. With community support, I set up a contra account to get tax or financial (cash) reporting from something I never understood (details in https://lists.gnucash.org/pipermail/gnucash-user/2021-August/097493.html thread). It is a fairly quick and easy process using excel/python and Multi-split csv import. ETF foreign tax transactions using normal accounts are shown in https://github.com/flywire/ETF-Annual-Statement/blob/main/VAS-annual-tax-statement-2018.png and https://github.com/flywire/ETF-Annual-Statement as codes. It is a spreadsheet process to add share/franking credits to etf/franking credits (Distribution:13Q) and similar for capital gains (Distribution:18H:18A) since the components are the same tax item. Any thoughts of how I could sum them in reports from different account trees? Tags would be a bit messy. I don't use account codes. Regards _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: 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.
