[GNC] GST: how to

[Geoff]

Welcome to GnuCash Lokesh

There are some nice write ups on how to handle GST here:

https://wiki.gnucash.org/wiki/Quickstart_Australian_BAS
https://www.gnucash.org/docs/v4/C/gnucash-guide/bus_setup.html
https://wiki.gnucash.org/wiki/Alternate_Australian_GST_setup

Good luck.

Regards

Geoff
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On 23/11/2020 4:45 pm, Lokesh Yagnik wrote:
> Dear all,
> 
> I am quite new to Gnucash and have started using it for personal and
> business accounting. I keep the two on separate files. I have created all
> the relevant accounts and have been entering them manually so far.
> I have just learned how to import transactions via csv file. Fantastic!
> 
> I have set up the business side of things to a separate bank account so all
> incomes and expenses are managed through it alone.
> Question is regarding tracking GST. How do you record GST charged to you ?
> so as to be able to claim it in the future.   Do you put it via two
> separate transactions?
> 
> Thanks in advance
> 
> Lokesh
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