Jobs and Actions - UK company VAT account structure

[Derek Atkins]

Vincent V <vincentv at dsl.pipex.com> writes:

[snip]
> Recievable [R]   Customers to whom you give credit - business part of GNUcash
>    |___  Customer 1
[snip]
> Payable [P]   Suppliers who give you credit
>    |___  Supplier 1
[snip]

You do not need multiple A/R or A/P accounts.  Indeed, you SHOULDN'T
have multiple A/R and A/P accounts.  In particular, you DEFINITELY
should not create an "account per customer" or "account per vendor".

The internal business reports can already separate out different
customers and vendors from a single A/R account, and the "single A/R
account" is how it's meant to be used.  If you DO wind up creating
lots and lots of R,P accounts then it will be more difficult as you
post, because you'll have to choose the account each time from the
dropdown list.

> There we are -- simple isn't it ??!!!
> 
> If anyone thinks this is wrong please say so

See above.  The rest of your tree looks just fine.

> Vince Valvona

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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