Automatically split transactions with sales tax or VAT (Value added tax) when a transaction is booked to an sales or value-added-tax related account

[Andrew Sackville-West]

On Tue, Nov 14, 2006 at 11:35:17AM +0100, Oliver König wrote:
> Hello,
> I have posted two feature request for GnuCash at bugzilla:
> 
> http://bugzilla.gnome.org/show_bug.cgi?id=364378
> http://bugzilla.gnome.org/show_bug.cgi?id=371581
> 
> Both feature requests are actually just one feature request. The first one 
> describes the problem for users of GnuCash in countries who have got a Value 
> added tax (e.g. Europe, etc) and the latter one for those countries with 
> sales tax (e.g. USA). However the feature is the same in both cases:
> 
> > Example:
> > Let's say an American supermarket sells a t-shirt for cash 10.00 US$ (net),
> > 11.00 (gross). The sales tax (sales tax 10%). . 
> > The supermarket accountant enters a new split transaction in GnuCash:
> > 
> > Bank(+) 11 -> Sales (+) 10.00
> >                     -> Sales Tax(+) 1.00

this implies that you are using gnucash as a point of sale system,
which I think it was not designed to do. It is fairly typical, I
think, to split the operation of the point-of-sale system from the
accounting system, although they can certainly be linked and talk to
each other in some manner. I believe it to be excessive to enter EVERY
sales transaction into gnucash (in my business, that would be upwards
of 200 transactions per day!). rather, we track the individual
transactions in a system designed for that and we use gnucash to enter
receipts totals for the day/week/month whatever. this means we have
only one split transaction for the period in question. 

I am not, by any means, telling you how to run or account for your
business, just my opinions on why this feature is not necessary for
gnucash. Even a simple spreadsheet, with the appropriate formulas
built in to it would probably be easier than using gnucash directly. 

my .02

A
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