New to GNU Cash: how do I enter a VAT Payment?
Maf. King
maf at chilwell.net
Sat Dec 30 19:39:22 EST 2017
On Saturday, 30 December 2017 19:53:09 GMT gnucash at edev.co.uk wrote:
> Like many I suppose, I am not an accountant and new to GNU Cash.
> Could someone explain how should I enter a VAT Payment to HMRC (UK),
> please?
>
> Thanks
Hi,
My VAT payment transactions (to HMRC) reduce the running totals of all 3 of
the Bank Balance, the VAT Box 1 and the VAT Box 4 accounts. Not at GC at the
moment to copy a sample transaction.
HTH,
Maf.
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