Has anyone worked out a method for tracking GST/VAT on purchases (not
sales)?
The code makes a pretty big assumption that SALES_TAX is not applicable
to purchases, so I can't use that plumbing to implement GST on
purchases, as you can with sales. Specifically, if I purchase
GST-ratable products worth $110 from a supplier, then $10 of that
(assuming a GST rate of 10%) is a claimable business expense. I need
this fact recorded somewhere.
I've tried to mess about with Promos and Agreements to "fake" it, but no
luck. Has anyone else solved this problem?
Cheers, Iain
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