[Bulk] Re: UK Flat Rate VAT

[Wm]

On Tue, 7 Jun 2016 15:37:06 +0100, in gmane.comp.gnome.apps.gnucash.user,
Katie Eldridge <eldridgetideswell-katie at yahoo.co.uk> wrote:

>> Yup.  I haven't tried this specific UK weirdness using the business bits of
>> gnc yet but if you ask I'll have a go.  I think it'll work fine as a tax
>> and I'm sure the accounting side will be clean.
> I'm interested in this too so I'll ask please Wm: we're not registered 
> for VAT yet but considering voluntary registration for the flat rate 
> scheme.
> 
>   I can see how to manually split the tax in the accounts receivable, 
> but can't see any way to set up the tax table to subdivide the tax 
> amount between two accounts (VAT payable liability and VAT income). I 
> can do the relevant maths to work the appropriate percentages of the 
> total VAT to go to each account (the percentage varies by business type).

Is this still outstanding K or were you happy with what Maf, said at the
end of the main thread?  Most people seem to struggle with the maths bit so
maybe it's something else.  I find trying this out with the tax tables and
an invoice helps because then you see the effect on the splits.

-- 
Wm