[GNC] Biils in credit

David Cousens davidcousens at bigpond.com
Mon Dec 17 02:06:09 EST 2018


Andrew,

The scheduled transaction system has no conditional capability so stopping
it bugging you is not possible unless you delete the scheduled payment.

How to record it will depend a lot on the taxation implications. Most solar
incentive schemes usually provide tax relief on renewable resources at least
for private home owners but as the pressure comes on to reduce subsidies for
renewables that may change of course. 

If it is subject to income tax then you would record it with
Income:taxable:feedin_tariff for  the balancing split for the split to your
asset account.

If it is not taxable, then you could use an 
Income:non-taxable:feedin_tariff account for the second split. 

Probably best to seek advice from your taxation authority at the risk of
alerting them to a means of separating you and your money.

It appears you may be in Australia or perhaps NZ. The ATO has nothing on its
website and so far doesn't appear to include feed in tariffs in income
unless you are a business. The position is complex because of the incentive
schemes operating.


David Cousens



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David Cousens
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