[GNC] Assigning TXF Category to Returns & Allowances Income Account Issue
Keith Fetterman
keithfetterman at gmail.com
Sat Apr 4 17:52:09 EDT 2020
I am assigning the tax (TXF) categories to my income and expense accounts, and I have run into an issue with assigning the tax category to my “Returns & Allowances” income account. The tax category "Schedule C Returns and Allowances” category appears for expense accounts, but not income accounts. There seems to be a mistake in GnuCash because the “Returns & Allowances” account should appear in the income section of an income statement. It appears in the income section of the IRS Schedule C form. I looked up what a “Returns & Allowances” account is, and it’s defined as a contra-revenue account.
Is this a defect in Gnucash or do I have the account in the wrong place?
Thanks for the help
Keith
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