I have been trying and testing but cant seem to understand why it wont work!



= Income:Sales
 Liabilities:Tax Payable  0.1  ; 10% VAT


2014/03/01  Sales
 Income:Sales  USD -2,000.00
 Assets:Bank:  USD 2,000.00




 


The error i get is transaction does not balance. 
What entries am I missing here? 




On Sunday, April 3, 2016 at 4:54:08 PM UTC+7, Marcos wrote:
>
>
>
>
>
>
> =~ Monthly from 2014/01
>  Assets:Current:Bank  US$ 500.00
>  Revenue:Rental
>
> ~ Monthly from 2014/01
>  Assets:Current:Bank  US$ 500.00
>  Revenue:Rental
>
> 2014/03/01 Foodd Expenses
>     Expenses:Food:Subway  US$ 3.40
>     Assets:Cash:Bank
>
>
>
>
>
> When I run the following command:-
>
>  bal -p 2014/04
>
>
> I dont see any of the automated transactions in effect.
> Why?
>
>
>
>
>
>

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