Inventory and GST

[George Osvald]

Two questions:
How do I set up an Inventory of all products (broken down to parts if 
possible)? Do I create a normal account under assets with all the products 
and descriptions?
Is quantity pricing possible in GNUcash?

How to set up GNUcash for Australian GST? I am using cash GST system and GST 
is calculated only at the time of the transaction. I have to report GST paid 
and received every quarter and then get a refund or pay. 
Could I set two GST tax accounts. one for credits and another one for 
payments? Then I would check all customers that GST applies to with GST 
collected tax account and all the vendors with GST paid tax account.
I would also need two AR/AP accounts. AR with GST, AR GST Free, AP with GST 
and AP GST Free. Maybe another global AR and AP for totals without taxes.


Is this correct or am I overcomplicating it?


-- 
Regards,

George Osvald
OK Studio
http://www.okstudio.com.au
Email: mail at okstudio.com.au