Tithing sales
Derek Atkins
warlord at MIT.EDU
Wed Mar 10 10:40:17 EST 2010
James Kerr <jim at jkerr82508.free-online.co.uk> writes:
> On Wednesday 10 March 2010 John Garber wrote:
>
>> I've just started to use GnuCash for a small business. I would
>> like to tithe sales to an "unpaid tithe" liability account that
>> would be "depleted" when I write a check to pay the tithe. The
>> Sales are deposited in a checking account. I tried transferring
>> money from the sales account to the unpaid tithe liability
>> account, but that affects the total sales shown in reports
>> (decreases it by 10%). How can I increase the "unpaid tithe"
>> liability account (debit??) without affecting the total shown for
>> the "Sales" account?
>>
>
> Debit : Bank 100
> Credit: Sales 100
>
> Debit: Tithes Expense 10
> Credit: Unpaid Tithes 10
Note that you can do this (and probably SHOULD do this) in a single
transaction.
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-derek
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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