Vendor Invoice

[Maf. King]

On Wednesday 28 October 2009 23:43:30 rmisk wrote:
> Maybe I just don't understand how to use Gnucash (2.3.7) effectively,
> but with respect to Vendor Invoices I would like to see;
>
> 1.  Option to pay-now via a credit card, for example, instead of having
> to enter two transactions (Bill & Accounts Payable) then Process Payment
> (Accounts Payable & Credit Card).  Essentially directly entering (Bill &
> Credit Card) for example.

Hi Roger,

This may be a conceptual thing.  From your paragraph above, I take it that you 
have bought something and paid there and then with your credit card.  You 
return home and post the bill into your A/P account (Business -> Vendor -> 
New Bill) and then immediately record a payment to via card.

IANAA, but as I understand it, A/P is really intended for the bills from 
suppliers who grant you credit terms, so that you pay after (say) 30 days.

When I pay for something immediately (in my business accounts) I don't go 
through the A/P hoops, I just directly record a txn between credit card and 
the relevant expense and sales tax accounts.  Here, you have to manually 
enter the sales tax paid, as the registers don't have any way of 
auto-applying tax rates.

>
> 2.  Option to enter the tax, e.g. GST directly when entering the bill
> instead of having to the use the pre-determined tax tables with fixed %
> or $ values.
>

That is just the way it is, AFAIK.  GC does throw the occasional 
rounding "error", throwing the tax off by a penny, but that is fairly easy to 
deal with by adding a correcting entry of a penny to the bill. 

HTH,
Maf.
 

> Regards,
>   Roger