German VAT in GNU Cash
Guido Bockamp
gnucash at bockamp.eu
Tue Oct 14 02:20:16 EDT 2008
Hey list,
there is a spicial rule in German VAT(turnover tax) taxation
concerning small and mid-size businesses called "ist-besteuerung" (i.e.:
is taxation, because you tax what you get not what you should get). It
says that these do not have to pay VAT to the authorities (normally this
happens once a monath) until a bill is payed. So a bill *does not*
affect net income until payment.
When posting in GNU Cash I get it the other way around (i.e. the VAT
account is filled, upon issuing the bill not upon payment). Is there a
way to do this "is taxation" in GNU Cash?
--Guido
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