[SLUG] finance under linux

doug foskey lemans4 at dodo.com.au
Tue Sep 2 21:16:47 CDT 2003


On Tuesday 02 September 2003 11:53 am, Adam Hewitt wrote:
> Hi All,
>
> After cracking the shits that my mother-in-law is forever telling her
> friends that I work with computers and ending up coming home every night
> to fix someone elses computer problems, I have decided to get myself and
> ABN and start charging for the privilege (and as I found out 4 weeks ago
> that I am having my first baby the money will come in very handy too).
>
> Now I guess most of this will only come in useful when/if I get Debian
> running fully under my ibook, but is anyone running their business
> finances under linux? I am not registered for GST as this will only be a
> part time thing, but is there any GST software under linux?
>
> I would be very interested in finding out how/if people are doing this,
> to what extent it works for them, any problems or advise about using
> this software under linux and what software they are using?
>
> Cheers,
>
> Adam.

Use Gnucash! (Current version 1.8.5) (its great, mate) Come & join the 
revolution. (It is not set up directly for GST, but could be. Until then, you 
can transfer 1/11 of the account into a GST tracking account, so set up an 
asset & liability pair of GST accounts that should cancel out every 
accounting period.)
  There are probably others that can explain better how to set it up, but 
please copy to the gnucash list, as your explanation may go into 
documentation to assist others. 
  NB: For non-Australian readers, GST is our Goods & Services Tax. It is 
currently set at 10% (hence 1/11 of the total) Businesses claim GST credits 
on money spent in the business, & pay GST on the goods/services sold, so the 
govt accrues the difference. (Explanation simplified: I wish it were that 
simple!)

regards Doug
-- 
SLUG - Sydney Linux User's Group - http://slug.org.au/
More Info: http://lists.slug.org.au/listinfo/slug


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