GST - How to calculate / manage / track GST.

[Doctorcam]

* Derek Atkins (warlord at MIT.EDU) wrote:
> Ben,
> 
> Thanks for your input.  This has been hashed and rehashed on this list
> several times over the last year.  There is no "GST report" that sums
> everything for you, but if you use the business features it will
> compute this all for you properly.

An accountant friend of mine advised setting up two liability
subaccounts, for GST Paid and GST Payable.  This seems to work very
nicely.

Cam
 
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Cam Ellison  Ph.D.  R.Psych. #01417

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