Using Tax Tables while not showing tax/Net Price on Invoices
Derek Atkins
warlord at MIT.EDU
Tue Mar 5 12:51:55 EST 2013
Hi,
"Michael L. Boscia" <mikeboscia at gmail.com> writes:
> Hello,
>
> I am new to gnuCash and am excited to be using it. My question is
> regarding showing tax info on invoices.
>
> I would like to charge my customers for my Consulting services. Lets say I
> charge $20/hr and expect to pay 25% tax. I would like to have the tax
> table post $5 tax to my Liabilities:Income Taxes Payable account without
> showing a breakdown with taxes on the invoice such as
> --invoice snippet--
> Date Description Charge Type Quantity Unit Price Total
> 03/03/2013 Programming Hours 10.00 $20.00 $150.00
>
> Net Price $150.00
> Tax $50.00
> Total Price $200.00
> Amount Due $200.00
> --end invoice snippet--
>
> Stated another way-
> I would like to calculate the taxes for the purpose of setting the money
> aside, but I do not want to show the taxes on the invoice. How would I use
> a Tax Table to set aside 25% taxes from an invoice but not show the "taxes"
> on the invoice?
Change the report options to not display the Tax?
> Thanks Much,
>
> Mike
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-derek
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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