Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread flywire
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. G

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread William Prescott
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

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread Stephen M. Butler
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. But

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread David Carlson
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 11

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread Michael or Penny Novack
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 st

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread David Carlson
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 auto-c

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread Michael or Penny Novack
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 comp

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread flywire
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 Payab

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread Christopher Lam
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: > * https://wiki.gnucash.org/wiki/Qu

Re: [GNC] Accounting for GST in Australia

2021-07-07 Thread flywire
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 sale