On Saturday, 30 December 2017 19:53:09 GMT gnuc...@edev.co.uk wrote:
> Like many I suppose, I am not an accountant and new to GNU Cash.
> Could someone explain how should I enter a VAT Payment to HMRC (UK),
> please?
>
> Thanks
Hi,
My VAT payment transactions (to HMRC) reduce the running totals
There are various ways. Check the FAQ to determine your preferred method.
These relate to recording vat collected/paid during business transactions.
https://wiki.gnucash.org/wiki/FAQ#Tax_Handling:_Goods_and_Service_Tax_.28GST.29_or_Value_Added_Tax_.28VAT.29
On 31 Dec 2017 6:58 AM,
Like many I suppose, I am not an accountant and new to GNU Cash.
Could someone explain how should I enter a VAT Payment to HMRC (UK),
please?
Thanks
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