Sales tax

AshokR ashok at smb-soft.com
Mon May 3 10:41:20 EDT 2010



Mike and Gloria Burns wrote:
> 
> Does gnucash handle sales tax and provide a sales tax report ??
> 

Yes, you can set up a tax table to calculate sales tax. Take a look at
Business -> Tax Table. You can set up one or more sales tax rates and which
accounts they will go into.

While creating an invoice, you can check whether it is taxable and which Tax
Table to use. You will see the computed tax amount.

For creating a sales tax report, I suggest you use the Transaction Report
and customize it by changing the 'From' and 'To' dates and selecting only
the Sales Tax Accounts that you want to report on.

Ashok

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