VAT

[Robert Graham Merkel]

Jens M=FCller writes:
 > Hi!
 >=20
 > Is there a method in Gnucash to enter the amount of VAT in a transac=
tion,
 > so that Gnucash automatically creates a split transaction?
 >=20
 > In Germany an commercial enterprise has to collect VAT when it sells=

 > something,
 > and it can get VAT it had to pay back.
 >=20
 > VAT is neither an income (when selling) nor an expense (when buying)=
,
 > because the money comes from/goes to the government. Until it is tra=
nsferred
 > from/to there, it is stored on a special acount called "VAT".
=20
No there isn't ATM. =20

However, it's definitely on the agenda.  I'm one of the GnuCash
developers, and I live in Australia, which has just introduced a VAT,=20=

so I definitely want a system for doing VAT accounting.

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Robert Merkel=09                           rgmerk@mira.net

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