[GNC] accrual of property tax payments

Liz edodd at billiau.net
Sun Feb 10 20:19:27 EST 2019


On Sun, 10 Feb 2019 10:10:52 -0800
"Stephen M. Butler" <kg7je at arrl.net> wrote:

> On 2/10/19 9:49 AM, Keith Bellairs wrote:
> > My property tax is payable in 4 installments -- August, November,
> > February, and May. I have tried to set this up with my town as the
> > vendor and 4 payments.
> >
> > When I ran my income statement for last year, I see that the future
> > liabilities have been posted with the date that the bill was
> > posted, not the date that the bill is due. So all of my 2019
> > payments show as tax expense in 2018.
> >
> > Is there a way to have the vendor bills show up dated with the due
> > date instead of the date posted?
> >
> > Keith  
> 
> Keith,
> 
> When you enter the transactions, what date are you using?  That would
> be the first column on the General Ledger entry window?  Whatever you
> put there will be the date attached to that transaction for all of
> the reports.

If you want to see it as four instalments you would need to enter the
bill as four different bills, each with a separate date.

Liz


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