On Thu, Dec 3, 2009 at 12:54 PM, Andrew Errington <[email protected]> wrote: > On Thu, December 3, 2009 08:27, Euan Clark wrote: >> What's the GST handling like on these? >> > > I assert that that is irrelevant. When handling GST you should split any > transaction into net and GST portions, perhaps even GST_recd and GST_paid, > then just treat the GST portion as a reportable category. Slice it and > dice it any way you want.
You are correct, but a program that automatically handles it is good. Mark some ledgers as being GST inclusive by default (eg stationery purchases) and some by default as not including GST (eg interest, loan repayments etc). I used a windows cashbook in business that did this very well. > > Oh, and I have been using MS Money for 10 years. It is a fabulous > program, but I need to wean myself off it (and it won't run under Wine). > I am watching this thread with interest (no pun intended!). I have > evaluated GnuCash (too fugly), KMyMoney (too raw) and I was leaning > towards MoneyDance, but I need to reassess the options again. Moneydance seems to have good reviews by everyone who has used it.
