Extracting useful information for tax returns (David T.)

[David T.]

Alex--

Yes, I am using the new TXF report. I do like this report a lot. For my purposes, I would prefer the TXF report to default to the account summary level, which provides a nice summary for my accountant (who is not using the TXF file, but rather the reports).

For the details, I prefer to focus on those areas where my accountant wants more specificity; that is, the accounts where I have to provide verification. My accountant doesn't need to see transaction level detail for my paycheck tax accounts, since I get a W2 for these. If my numbers match the W2, all is good (and my books have one area of support for their reliability), and my accountant doesn't need to see more. 

For my charitable contributions, however, the accountant wants line by line information, just to be sure I'm solid with my numbers.

The TXF detail report includes all the tax-related accounts, which is too much in this circumstance. In addition, the TXF report includes a notes column that I do not want, and cannot seem remove from the options. This column gives me a note field that never appears anywhere else, with technical information about the imported transactions. Thus my custom report.

HTH,
David

--- On Mon, 4/6/09, J. Alex Aycinena <alex.aycinena at gmail.com> wrote:

> From: J. Alex Aycinena <alex.aycinena at gmail.com>
> Subject: Re: Extracting useful information for tax returns (David T.)
> To: gnucash-user at gnucash.org, "David T." <sunfish62 at yahoo.com>
> Date: Monday, April 6, 2009, 11:36 AM
> On Mon, Apr 6, 2009 at 2:06 AM,  "David T."
> <sunfish62 at yahoo.com> wrote:
> >
> > Ah yes. The Account Summary is meant to give you
> current balances--hence the lack of starting dates. It's
> giving you the current balances. Pretty much every other
> report gives you the option to select start and end dates. I
> actually use two reports for my taxes: the TXF report, and a
> second transaction report with the account detail of most of
> the tax-important accounts. Mostly, I want to be able to
> show to my accountant the specific transactions for expense
> accounts.
> >
> > David
> >
> 
> David,
> 
> I believe you use the re-written Tax Report (the 'the
> TXF report' you
> refer to above). I re-wrote the report with the intention
> that it
> should provide a complete audit trail of all tax
> transactions,
> sufficient to provide to your accountant (subject, of
> course, to known
> limitations related to capital gains and similar
> transactions). So I'm
> curious about your need to use a second report with account
> detail for
> this purpose. In what way is the Tax Report not sufficient
> for this
> purpose? Can it be improved?
> 
> Alex