The normal process payment function only splits for the invoices/bills
selected. So if you are paying one invoice, you get one payment split
and one AR/AP split.
If you are paying multiple invoices, you'll still only have one payment
split, but one AR/AP split for each invoice/bill.
If addit
Typo in middle section:
Therefore your *only *currently available steps is (IMHO): process payment
as usual, for *$100 *only. This creates a regular transaction:
- asset:bank +100
- a/receivable -100 (to clear the invoice)
On Fri, 2 Oct 2020 at 15:26, Christopher Lam
wrote:
> While experimen
While experimenting this problem, I found it exposes a subtle
behaviour/bug... I was hoping to do the following manual assignment: create
a transaction with 3 splits -
- asset:bank +80
- a/receivable -100
- asset:WHT +20
then right-click the transaction, assign $80 as payment for the invoice.
B
On 10/2/2020 4:17 AM, Paul W via gnucash-user wrote:
Thanks Maf, that does seem to work. Shame there's not an automatic way to do this as WHT isn't a tax from Mars!
Doing in two transactions simply avoids the complexity of entering a
split from the "wrong" account. It's just a little more w
On 10/2/2020 12:18 AM, Paul W via gnucash-user wrote:
Stan,
I see what you are saying. Practically I think I need to process the invoice
payment twice, first part payment (80) to Accounts Receivable then another
payment (20) to Assets: WHT. But I don't seem to have this ability in gnucash
b
Thanks Maf, that does seem to work. Shame there's not an automatic way to do
this as WHT isn't a tax from Mars!
On Friday, 2 October 2020, 15:09:37 GMT+8, Maf. King wrote:
Hi Paul,
A possible way to deal with this is to process the full payment to your bank
account, then go an manually spl
Hi Paul,
A possible way to deal with this is to process the full payment to your bank
account, then go an manually split the witholding portion out of the
transaction as it appears in the bank account.
so step 1. process payment for the full £100
step 2. Go to the bank account, edit the transa
Stan,
I see what you are saying. Practically I think I need to process the invoice
payment twice, first part payment (80) to Accounts Receivable then another
payment (20) to Assets: WHT. But I don't seem to have this ability in gnucash
because when I process an invoice payment in the 'post to'
Foreign Government A keeps this money and My Government B will credit this
amount against my corporation tax liability.
My invoice is for the full amount, £100.
Usually (without WHT) when the invoice is paid the full amount is sent to my
Accounts Receivable. In this case I think the way to do
On Thu, 1 Oct 2020 05:41:31 + (UTC)
Paul W via gnucash-user wrote:
> I invoice my client £100 for services provided. They process my
> invoice and pay me the balance of £80 after deducting 20% (£20)
> withholding tax which they give to foreign government A. How do I
> account for this withhol
I invoice my client £100 for services provided. They process my invoice and pay
me the balance of £80 after deducting 20% (£20) withholding tax which they give
to foreign government A.
How do I account for this withholding tax in gnucash?
___
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