[GNC] Confused Entering A Refund To Credit Card Account

[Jack Frillman]

I track it every time it's broken out on the receipt. The sales tax is 
the cost of Government not the cost of the item purchased.
To each his own.

On 3/31/21 12:33 PM, Stan Brown wrote:
> On 2021-03-30 20:22, Jack Frillman via gnucash-user wrote:
>> Doesn't everyone track their sales tax as a separate expense item? Why
>> would you consider sales tax the same type of an expenditure as
>> groceries, gasoline or your electric bill?
> As far as I'm concerned, taxes are part of the purchase price. Sometimes
> they are disclosed, other times not. If they're not disclosed, then
> obviously I can't account for them separately. When they are disclosed,
> I suppose I could account for them separately; but that would create an
> inconsistency in how I accounted for different categories of expenses
> and assets.
>
> For instance, in the US there are State and Federal excise taxes on
> gasoline. But the price on the pump includes that excise tax amount; it
> is what we actually pay. It would seem absurd to me to ferret out the
> tax amounts and account for them separately.
>
> I states that have a sales tax, my restaurant bill consists of the price
> shown on the menu, the sales tax on that amount, and whatever gratuity I
> choose to add. The sales tax is de jure part of the cost of my dinner;
> the gratuity is de facto part of the cost because of longstanding
> custom. Even though these are stated separately, it would seem absurd to
> me to account for them separately.
>

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