VAT on cash sales in restaurant

[Derek Atkins]

Nuara Valsecchi <nuara.valsecchi at gmail.com> writes:

> thank you.
> Yes, I follow the below and I am going to account for the tax on
> revenues as liabilities but I was wondering if gnucash could calculate
> the tax on revenues the same way as it does on expenses when entering
> a bill or on revenues if invoiced (it calculates them automatically
> once give the appropriate tax table).
> I guess I enter the revenues in cash in the basic ledger and not
> "invoice" them since they are not invoiced but this way I have to
> calculate VAT for every transaction (well, daily total) on the side
> and not automatically...

Correct.  At this time there is no "automatic VAT" for manually entered
transactions.

Sorry.

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
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