Sales tax and GST (Goods and Services Tax)
Aaron Laws
dartme18 at gmail.com
Tue Jun 28 16:58:27 EDT 2016
On Tue, Jun 28, 2016 at 12:01 AM, John <john535458 at gmail.com> wrote:
> Hi,
> I can't see how to set up GNUCASH to track transaction taxes like Sales
> Tax and GST.
>
> Is it possible?
>
> Thanks
> John
>
I don't think it can be done automatically as gnucash doesn't know what is
taxable at what rate. The normal approach is:
expenses:golf cart $50
expenses:sales tax $1
liabilities:credit card $51
In short, track it manually.
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