Council Tax

[Derrick Ashby]

I'd treat it as an Accounts Payable.  Set up the bill in the Business 
Vendors screens, and enter each direct debit as a payment.  The payments 
will be credited to the Expenses:Tax:Local Tax account, or whatever 
account you've set up for the purpose.  You may be able to set it up as 
a Scheduled Transaction, I don't know since I've never used them.

Derrick

Tom Haskins-Vaughan wrote:

> I've just got my Council Tax bill for the year 2005/2006. I will be 
> paying it by direct debit over 10 months. My question is this. Because 
> I know now how much I am liable for for the whole of the year do I 
> create a liability account called council tax and charge it the total 
> amount with the Expenses:Tax:Council tax  expense account? This way 
> I'll always know how much I have left to pay i.e. the balance of the 
> liability account.
>
> Or, should I just charge it to my current account each month?
>
> Any suggestions?
>
> Cheers,
>
> Tom
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