Chris Travers wrote: > The GL and COA reports are accurate. > > The tax collected bug was discovered by a customer of mine back in > SQL-Ledger 2.4.x. I believe it is meant to show what invoices have > what sorts of taxable items on them. This is different from the tax > collected. My thinking is that it would be good to simply relable > things so that this is clear and keep the current report as is. >
I think I read that this report has just been removed from SQL_L (with some sarcastic reason) ? I don't know that I would call it a "trick", but what I found helpful was to introduce a "VAT Control" account which is my end of quarter accrual (UK requires payment of sales taxes on a quarterly basis). So I track VAT paid and earned as seperate ledgers, then clear these down to zero at the end of each quarter (based on trial balance report, plus a manual glance at the transactions report). Then I can simply enter my VAT return based on this entry. As an aside this also makes it simple to record the payment of sales tax (which may have a timing difference), by recording the payment from the control account Happy to flesh this out on the wiki. I think it would be helpful for us non-accountants to have a useful bag of resources somewhere on how to enter many of these transactions. For example I also recently (finally) figured out how to enter in multi-currency entries into SL and it's actually quite simple... Will write it up shortly Ed W ------------------------------------------------------------------------- This SF.net email is sponsored by DB2 Express Download DB2 Express C - the FREE version of DB2 express and take control of your XML. No limits. Just data. Click to get it now. http://sourceforge.net/powerbar/db2/ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
