Difference between revisions of "User talk:Christopherlam"

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https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS#My_account_set_up
 
https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS#My_account_set_up
  
Businesses aim to make money and GST is charged on that income so it follows GST is a liability. Why complicate it with GST:GST on Sales (Liability) and GST:GST on Purchases (Asset)? Maybe GST is only an account type Liability, it is not clear from the text. If that is the case I'd suggest Liability:GST.
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The GST parent account is not clear from the text. Businesses aim to make money and GST is charged on that income so it follows GST is a liability. Liability:GST:GST on Sales (ie tax collected) and Liability:GST:GST on Purchases (ie tax paid) shows the net result at any time.
  
 
It would be nice to align the default Business Accounts, Guide Chapter 13, and this wiki.
 
It would be nice to align the default Business Accounts, Guide Chapter 13, and this wiki.

Revision as of 05:51, 20 June 2023

https://wiki.gnucash.org/wiki/index.php?title=Custom_Reports&curid=1404&diff=13193&oldid=13178

Hi Chris,

Nice to see you here! But Why do you not use <syntaxhighlight lang="scheme">...</syntaxhighlight> instead of <pre>...</pre> like in the rest of the page? It looks much nicer as you can see in Wiki Tips. --Fell (talk) 22:21, 11 January 2018 (UTC)

Quickstart Australian BAS My account setup

https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS#My_account_set_up

The GST parent account is not clear from the text. Businesses aim to make money and GST is charged on that income so it follows GST is a liability. Liability:GST:GST on Sales (ie tax collected) and Liability:GST:GST on Purchases (ie tax paid) shows the net result at any time.

It would be nice to align the default Business Accounts, Guide Chapter 13, and this wiki.

> I use two tax tables -- GST on Sales, GST on Purchases.

Useful information for the Guide Ch13.

https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS#My_Tax_Tables

Seems steps must be:

  1. setup accounts (text does not specify if GST accounts are Asset or Liability)
  2. add Tax Table Entry(s)
  3. update File, Properties, Book options Business tab: Default Customer/Vendor tax table