[GNC] GST: how to

Lokesh Yagnik yagniklokesh at gmail.com
Mon Nov 23 01:12:19 EST 2020


Thank you so much Geoff.

You have also answered my follow up question about BAS as well. I shall
make it a point to do some googling before sending an email to the user
list.

Kind regards,

Lokesh

On Mon, 23 Nov 2020 at 14:07, Geoff <cleanoutmyshed at gmail.com> wrote:

> 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
> =====
>
> 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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