VAT calculation

[Yuval Hager]

Hi,

I've started using Gnucash not long ago and am very happy with it.

I was wondering what is the simplest method to calculate Value Added Tax - for 
which I can get refund from the state. I have scanned the docs, FAQ and 
mailing list, and frankley, I could not understand what should I do.

Basically, I would like to have an expense marked as "VAT included", and make 
a split - net pay goes to the correct expense account, while the VAT itself 
goes to a different account (Account payable? Negative liability?). However, 
I want this all to be automated, according to the VAT rate. Of course, VAT is 
not applied to all expenses.

I am slowly coming to the conclusion that this is under the 'business 
features' which is not yet fully developed, but I might be missing something 
here.

I'll appreciate any more info on this, thanks!

-- 
Yuval Hager
[H] +972-77-3414155
[M] +972-50-850-0813
[E] yuval at avramzon.net