I suspect GnuCash can't handle auto-populated Tax on a *cash accounting
system* invoice given the responses. Maybe the following workflow will
prompt something.
QuickBooks uses Accounts Payable/Receivable *except* being cash accounting
there is no posting Accounts Payable/Receivable or whatever.
At one time I lived in Boulder County, Colorado. The city limit ran along the
street at the side of my house. Across the street was a city park.
Colorado sales tax is 2.9%
Boulder County 0.99%
City of Boulder 3.86%
Transit District 1%
Scientific and Cultural 0.1%
If I bought things in a store in
On 7/7/21 8:33 AM, Michael or Penny Novack wrote:
On 7/7/2021 7:41 AM, flywire wrote:
GST is only really supported if it's auto-calculated otherwise a user
has
to enter twice the splits with the associated logic and keying
errors. I've
only been using the Account Register for data entry.
Yep. Lake County Illinois just added 4 cents per gallon tax on gasoline ⛽
sales. You can bet good money that most locals are planning their
purchases to occur in Wisconsin when possible.
On Wed, Jul 7, 2021, 10:57 AM Michael or Penny Novack <
stepbystepf...@comcast.net> wrote:
> On 7/7/2021
On 7/7/2021 11:46 AM, David Carlson wrote:
Even worse, sometimes local sales taxes in the depend on where
the buyer lives, not where the seller does business.
That is almost always true, and to make this even worse, JUST the
buyer's postal address might not be a correct indication of the
Even worse, sometimes local sales taxes in the depend on where the
buyer lives, not where the seller does business.
On Wed, Jul 7, 2021, 10:34 AM Michael or Penny Novack <
stepbystepf...@comcast.net> wrote:
> On 7/7/2021 7:41 AM, flywire wrote:
> > GST is only really supported if it's
On 7/7/2021 7:41 AM, flywire wrote:
GST is only really supported if it's auto-calculated otherwise a user has
to enter twice the splits with the associated logic and keying errors. I've
only been using the Account Register for data entry.
But GST in Australia appears to be a simple problem
GST is only really supported if it's auto-calculated otherwise a user has
to enter twice the splits with the associated logic and keying errors. I've
only been using the Account Register for data entry. Are Invoices and Bills
the way to do it without obligating the user to additional Accounts
That's exactly how I'd record the RCTI. Auto calculation of GST is only
available when using Invoices and Bills, or when using the Scheduled
Transactions feature.
On Wed, 7 Jul 2021 at 10:53, flywire wrote:
> Let's just enter that transaction.
>
> Following:
> *
Let's just enter that transaction.
Following:
* https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS#My_Tax_Tables
*
https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS#How_do_I_record_complex_business_transactions.3F
It's always fiddly and there's no free ride. It's similar for grain
Try this. Sample RCTI but varies by recipient. Note GST-Free Transaction
Levy is in this example.
This is really simplified because income and cost components are being
tracked for different enterprises and these livestock aren't
necessarily from the same enterprise.
Tax Invoice
Income
Maybe you can paste an example of a complex RCTI?
In Australia only 2 TaxTables would be useful.
In some jurisdictions you may need more, eg UK has standard 20% and reduced
5% VAT rates.
On Tue, 6 Jul 2021 at 12:15, flywire wrote:
> Thanks for the wiki Chris. A lot of people use a Recipient
Thanks for the wiki Chris. A lot of people use a Recipient Created Tax
Invoice (RCTI) without Accounts Payable/Receivable. One of the
complications is the invoice might have a whole range of different charges
with different GST treatments. Could you extend the wiki with a simple
example for those
You're welcome.
Setting tax tables is not obvious; the wiki
https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS is now amended.
It's still the "Income and GST Statement" and within Report Options >
Format > Report Format > Australia BAS.
C
On Tue, 6 Jul 2021 at 02:05, Nathan Ellery wrote:
>
Hi Christopher,
Thanks so much for meeting with Nathan and Lynda past Saturday afternoon.
We have had the opportunity to put your ideas into the live program and I
can report that the GST is now accruing in the appropriate Account in the
chart of accounts.
For anyone else following this post, the
Hello again Nathan
Unfortunately I am not quite sure of the set-up you have so it is hard
to comment.
However, have you set up GST as a Liability Account parent account
Liabilities and the GST Received sub-account using the GST liability
account as "parent"? If you haven't done
Are you "posting" the invoices once you've created them?
Check the currencies for the invoice, customer and all the accounts you expect
to be affected.
Just a couple of thoughts for you.
HTH,
Maf.
On Tuesday, 22 June 2021 14:49:16 BST Nathan Ellery wrote:
> Hello Alan Thanks for your
Hello Alan Thanks for your reply.
We are aware of the need to split transactions not entered as bills or
invoices.
However, we are entering invoices through the invoicing system within
Gnucash, and the tax amount shows correctly on the actual invoice entry,
but the amount of tax is not going to
Hi Nathan
Are you using GnuCash to generate your bills & invoices? If not, when
making entries directly into your accounts you won't see the GST
automatically. When entering invoices & bills you need to check the
Taxable? & Tax Included? columns
Otherwise, when making direct
Welcome Nathan,
Have you checked out the following?
https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS
On Tue, 22 Jun 2021, 2:59 pm Nathan Ellery, wrote:
> Hi,
> I have recently started using GnuCash and am having difficulty in
> attributing GST to the GST accounts as set up in the chart
Hi,
I have recently started using GnuCash and am having difficulty in
attributing GST to the GST accounts as set up in the chart of accounts. I
have included the relevant posting accounts in the tax table area, but new
entries aren't picking up the GST amount. What am I missing? Do you need to
see
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