Business acct.

Liz edodd at billiau.net
Fri Apr 27 07:30:08 EDT 2012


On Fri, 27 Apr 2012 12:16:09 +0100
"Maf. King" <maf at chilwell.net> wrote:

> Note.
> Tax authorities usually like to keep each "taxable entity" completely 
> separate.  If you and your notary business report on the same piece
> of paper then there should be no problem to combine the books, but if
> the notary services are viewed as some form of distinct tax entity
> (company, partnership etc) it may be a good idea to use 2 GC
> datafiles right from the start.

+1

Gnucash will do any of these things, but please check with your
accountant to ensure what you are doing is acceptable to your tax
authority.


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