VAT

[Aldous Everard]

If you reply to all, then your messages will be posted on the mailing
list as well as coming to me.  That will probably help you get more
responses, which in this case would be a good thing, as I think I've run
out of ideas (I'm new to the whole thing myself too) ;-).

Hope somebody else may be able to help
Aldous

On Thu, 2003-08-14 at 18:04, Zeno R.R. Davatz wrote:
> On 14 Aug 2003 17:52:53 +0100
> Aldous Everard <aldous at hypercubesystems.co.uk> wrote:
> 
> > I think tax tables may help. Are you using these?  If I understand you
> > correctly you want to put VAT already paid on purchases into negative
> > liability accounts.  if you set one up for 7.6% going to one account,
> > and another for 2.4% rate of tax, so
> > 
> > Liabilities _ VAT _ Input __ 7.6% Rate
> >                           |_ 2.4% Rate
> > 
> > have a feeling this is only half the story, but I've got a bus to catch.
> Thanks yes I done this. But now I would like to push a button and give a time frame for a quarter and then I would like to know the amount I owe to the government.
> 
> Any hints?
> 
> tia
> Zeno
> 
> > 
> > Good luck
> > Alodus
> > 
> > On Thu, 2003-08-14 at 16:01, Zeno R.R. Davatz wrote:
> > > Ok thanks.
> > > 
> > > But I still do not understand or know how to add up all my accounts with VAT of 7.6% to one account, that just gives me the VAT. At the moment I just have singel accounts for every item that got a different VAT.
> > > 
> > > tia
> > > Zeno
> > > 
> > > On 14 Aug 2003 14:37:09 +0100
> > > Aldous Everard <aldous at hypercubesystems.co.uk> wrote:
> > > 
> > > > On Thu, 2003-08-14 at 13:18, Zeno R.R. Davatz wrote:
> > > > > Thanks for the hint.
> > > > > 
> > > > > What I did not find out so far is, how I can sum up all my different expense accounts that have VAT and then extract only the VAT I have to pay to my government?
> > > > > 
> > > > > TIA
> > > > > Zeno
> > > > 
> > > > Ah, yes, the UK VAT return box numbers are:
> > > > 
> > > > 1 - VAT due in this period on sales and other outputs
> > > > 2 - VAT due in this period on aquisitions from other EC Member States
> > > > 3 - Total VAT due (sum of boxes 1 and 2)
> > > > 4 - VAT reclaimed in this period on purchases and other inputs (inc.
> > > > aquis. from the EC)
> > > > 5 - Net VAT to be paid to Customs or reclaimed by you (Diff. between
> > > > boxes 3 and 4)
> > > > 
> > > > 6 - Total value of sales and all other outputs excluding any VAT.
> > > > Include your box 8 figure
> > > > 7 - Total value of purchases and all other inputs excluding any VAT.
> > > > Include your box 9 figure
> > > > 8 - Total value of all supplies of goods and related services, excluding
> > > > any VAT, to other EC Member States
> > > > 9 - Total value of all aquisitions of goods and related services,
> > > > excluding any VAT, to other EC Member States
> > > > 
> > > > phew, that should tie it together hopefully.  The answer to your
> > > > question is box 5
> > > > 
> > > > Aldous
> > > > 
> > > > 
> > > > > 
> > > > > On 14 Aug 2003 12:46:19 +0100
> > > > > Aldous Everard <aldous at hypercubesystems.co.uk> wrote:
> > > > > 
> > > > > > On Tue, 2003-08-12 at 09:02, Zeno R.R. Davatz wrote:
> > > > > > > Hi List
> > > > > > > 
> > > > > > > I am new to GnuCash.
> > > > > > > 
> > > > > > > My question is:
> > > > > > > Does GnuCash have any functions to support VAT on an account basis? In Switzerland you have different VAT taxes (2,4% and 7.6%). I would need to set the VAT-Tax for each account separatly. I also need this function for my quaterly payments to the government ;-(
> > > > > > > 
> > > > > > > Thanks for your feedback.
> > > > > > > 
> > > > > > > Zeno
> > > > > > 
> > > > > > I recently set up accounts with VAT (in the UK), which seem to work so
> > > > > > far.  I had very little idea when I started setting them up, but used
> > > > > > this thread which was current at the time:
> > > > > > http://lists.gnucash.org/pipermail/gnucash-user/2003-July/007414.html
> > > > > > It stood me in good stead, so I recommend having a look at it.
> > > > > > 
> > > > > > hth
> > > > > > Aldous
> > > > > > 
> > > > > > 
> > > > > > 
> > > > > 
> > > > 
> > > > 
> > > 
> > 
> > 
>