can i use to handle VAT?

[Christopher Lam]

Hi Joanna

This is not a daft question.

It is answered in 
https://wiki.gnucash.org/wiki/FAQ#Tax_Handling:_Goods_and_Service_Tax_.28GST.29_or_Value_Added_Tax_.28VAT.29

The exact process may vary, but ultimately these VAT amounts must be 
recorded in accounts of type asset or liability.

Please feel free to ask further questions.


On 04/02/18 03:12, Joanna Howells wrote:
> I am new to accounting software so just wanted to know if gnucash 
> handles VAT?  I may be asking a daft question, but the other free 
> software I've looked at specifically says it does handle VAT but there 
> is no mention that I can see in the description of gnucash.
>
> look forward to hearing back from someone?  many thanks!
>
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