Sales tax and Change given to customer

[Liz]

On Thu, 6 Sep 2012 15:43:24 -0700 (PDT)
"David T." <sunfish62 at yahoo.com> wrote:

> Hi. I think I disagree with Eric on this. 
> 
> Bear in mind, I am NOT an Accountant. 
> 
> But, I am pretty sure that if you take in 50 for a product and 2.50
> in tax, you do NOT want that all entered as income, since it isn't. I
> am pretty certain that you will run into some tax authority who will
> slap your wrists on it. The 50 goes to Income; the 2.50 needs to go
> into a liability account and/or an expense account. 
> 
> 
> Someone else will have more to say on the topic.
> 
> David

Eric's method of accounting for the tax part is quite acceptable in AU,
in fact that's the way the paper form is set out.
I do mine David's way.