Invitation: cash based tax declaration; was: How to configure tax tables for GST

[Frank H. Ellenberger]

Am Mittwoch, 10. November 2010 um 18:14:37 schrieb Derek Atkins:
> Hi,
>
> Glenn Ramsey <gr at componic.co.nz> writes:
> > Hi,
> >
> > I am planning to migrate from MYOB to Gnucash for my small business
> > accounting and would like some clarification on how to configure
> > Gnucash to calculate New Zealand GST.
> >
> > The 3-account naming scheme in the FAQ [1] looks like it will suffice
> > for my needs. The FAQ says (I think) to set up a single tax table for
> > GST, but is not clear on which account to select for the GST tax table
> > entry.
> >
> > By experimenting I see that if there is only one tax table entry for
> > GST then the GST amount for both invoices and bills gets put in one
> > account with GST collected and GST paid appearing as a decrease or
> > increase respectively. Therefore, I assume that different tax table
> > entries are required for income and expenses as described in [2]. Is
> > that correct?
>
> Generally, yes, you use different tax tables for Invoices and Bills.

If there are two - or more, like in Germany - different fields in your tax 
form. you should have the corresponding number of accounts.

So, feel free, to improve the wiki.

> > Also in New Zealand we have the option of calculating GST using either
> > an invoice basis or a payments basis. The above setup seems to be
> > relevant for an invoice basis. If using the payments basis the GST
> > amount should not go into the Liabilities:GST account until the
> > payment is made or recieved. MYOB does this (I think) by posting the
> > GST amount to Receivable and Payable and then transferring it to the
> > GST account when the payment is made. Is it possible to have such a
> > setup in Gnucash?
>
> GnuCash does not support Cash-based accounting with the business features.

Last night I opend https://bugzilla.gnome.org/show_bug.cgi?id=634732 "Allow 
VAT/GST taxation based on payment date instead of invoice date". Currently I 
am interested in the question: 

Are there more countries, which need this feature?

If yes, please add them there.

> > Thanks
> > Glenn
> >
> > References:
> > [1]
> > http://wiki.gnucash.org/wiki/FAQ#Q:_How_do_I_handle_VAT.2FGST_on_invoices
> >.2C_and_claim_VAT.2FGST_rebates_on_purchases.3F [2]
> > http://gnucash.wikia.com/wiki/Create_Tax_table_for_VAT
> > [3]
> > http://lists.gnucash.org/pipermail/gnucash-user/2009-April/029189.html
> >
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
>
> -derek

Frank