[GNC] automatically account for gst on random purchases
David Cousens
davidcousens49 at gmail.com
Sun Jun 18 01:26:53 EDT 2023
Karl,
If you look at this section of the business features setting up tax tables is
described. https://www.gnucash.org/docs/v4/C/gnucash-guide/bus_setup.html It
works for invoices and should work similarly for bills. That is as automated as
it gets.
David Cousens
On Sun, 2023-06-18 at 12:06 +1000, Karl May wrote:
> Hi all,
>
> For my business setup I am wondering whether there is a way to automatically
> account for gst on small random purchases (e.g. hotel, restaurant etc.).
>
> My current setup is roughly
>
> Assets:financial_assets:bank_account
> Assets:financial_assets:gst
> Expense:travel
>
> So far I haven't setup Accounts/payable and Accounts/receivable.
>
> The current process is:
>
> A) import bank account transactions via OFX into "bank_account" and
> "imbalanced"
> B) manually go through all transaction, use "split transaction", manually
> calculate the gst and assign amounts to Expense:travel and
> Assets:financial_assets:gst.
>
>
> Any suggestions how this can be automated such that the default is a
> transaction split and application of a default GST rate?
>
> Thanks
>
>
>
>
>
>
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