Business - How to Not use Invoices?

[Maf. King]

On Monday, 4 July 2016 17:09:49 BST John Whitmore wrote:
> I'm running my business accounts with gnucash but I've just hit a strange
> problem when I tried to create a new bill. Gnucash won't allow me to post a
> Bill I've just created because:
> 
> "No Account selected. Please try again."
> 
> But it's not allowing me to select an account. I've never seen this
> behaviour before and no idea how I got this to happen.

Hi John.

Check that the bill, vendor and account currencies are all the same.


> 
> 
> One other question I have is that in my business I've been creating Bills in
> gnucash for all my business transactions even though I'm actually
> purchasing things directly with a company credit card. This has worked up
> till now but now I'm doing more "casual" purchases. So I might buy fuel or
> food if I'm away on a job and charge it on the company credit card. But I
> now have to enter a vendor for each of these transactions.
> 
> I assume that maybe given there's VAT, or Sales Tax, on all these purchases
> I'll maybe have to process the transactions through Bills?

Nope, you can just record them as normal transactions, but you have to 
manually split the VAT portion into the relevant VAT account.

eg:
Buy £60 fuel on credit card
Credit card: £60
Expenses:Fuel:£50
Vat:Box4 £10

(assuming 20% VAt as in the UK) - I've given up trying to get the columns 
correct in emails... hopefully you get the idea though.

HTH,
Maf.


> 
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.