Problems with Business + VAT

[Nigel Titley]

On Wed, 2006-05-31 at 18:36 -0400, Derek Atkins wrote:
> What's the currency/commodity of each account?
> What's the Vendor's currency?

All GBP

> 
> -derek
> 
> Quoting Nigel Titley <nigel at titley.com>:
> 
> > I've come up with what may be a bug, or may be my misuse of gnucash. I'd
> > welcome some advice.
> >
> > I'm in the process of becoming VAT registered (in the UK) and I'm
> > reworking my gnucash accounts to cope. I've created VAT input[A] and
> > output[L] accounts and created two tax tables: VAT input and VAT output
> > to refer to them.
> >
> > I then go to Business -> Vendor -> New bill and create a bill for some
> > goods (Office Supplies) I've just purchased. I enter the net amounts for
> > each line item, assign them to Expense:Office Supplies and mark them as
> > VAT input. Total net value is £31.46. Gnucash calculates the VAT
> > correctly (give or take a rounding error). I then post the bill, and
> > this is where things start to fall apart. A zero total value split is
> > posted to the Accounts Payable account with split lines
> >
> > VAT:Input
> > Expenses:Office supplies       31.46
> > Liabilities: Accounts Payable
> > Imbalance-GBP                           31.46
> >
> > When I then try to process the payment it is already marked as paid.
> >
> > If I then go back, unpost the bill, mark each line item as not taxable,
> > and re-post it, everything works as it should. The Accounts Payable
> > account has a £31.46 split with two lines in it
> >
> > Expenses:Office supplies       31.46
> > Liabilities: Accounts Payable           31.46
> >
> > When I go to process the payment, all works fine.
> >
> > I've reproduced this with a brand new set of business accounts (created
> > new file, ticked the "Business Accounts" item in the Account Druid) and
> > the actions above.
> >
> > I'm running svn r14212 on Ubuntu 5.10, but I've seen identical behaviour
> > on Fedora Core 3
> >
> > Am I being daft, or is this a bug? I can obviously work around it by
> > setting the Bill lines to non taxable and adding a VAT:Input line, but
> > it would be nice to have it working properly.
> >
> > Thanks for any comments
> >
> > Nigel
> >
> >
> >
> > _______________________________________________
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> > gnucash-devel at gnucash.org
> > https://lists.gnucash.org/mailman/listinfo/gnucash-devel
> >
> 
> 
>