gnucash in Australia

[David Harrison]

On Sat, 18 Dec 2004 12:23:22 +0000, Derrick Ashby <daeroncs at fastmail.fm> wrote:

> (2) GST (Goods and Services Tax - similar to VAT). I've read quite a few
> posts on this issue in the archives. When collecting GST from customers
> the advice seems to be to set up a tax table, and I tried doing that. It
> works fine if you use accrual accounting, but that involves paying tax
> to the government for invoices that haven't been paid yet, and who wants
> to do that? If one uses cash accounting, one is forced back to doing the
> thing manually, the way you need to do with purchasing.  I guess I can
> live with that, but it's a pain.
> 

Here in Canada, you have to report GST on the accrual basis.  Are you
sure you don't there?

-- 
David Harrison, BAccS, CGA