Use case: rebates

[Derek Atkins]

"Mark G. Woodruff" <markgwoodruff at yahoo.com> writes:

> --- Neil Williams <linux at codehelp.co.uk> wrote:
>> | * the sales tax paid on it as both part of its
>> cost
>> | basis and as something I can get a report on at
>> the
>> | end of the year
>> 
>> capital cost to Assets and the tax to an Expense -
>
> Sales tax isn't an expense, it's part of the cost
> basis, governed by a tax policy.
>
> I suggest a better way to handle it is to have a flag
> indicating whether an item is taxable or not, and then
> allow the user to enter their local sales tax terms.
> If an item is taxable, and the local tax is 5%, then
> any call to obtain an items cost would be mutiplied by
> 1.05.

Or you could make a subaccount of the asset to keep track
of the tax.  Adding "flags" is much more challenging and
prone to errors..  Not to mention the challenge of the
UI to present the information and handle all the nit-picky
little locale issues everywhere in the world!

-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
       warlord at MIT.EDU                        PGP key available