[GNC] corporate profit tax ........... where to put

[Michael or Penny Novack]

On 5/8/2023 7:17 PM, Karl May wrote:
> Hi.
>
> Thanks a lot for the response.
>
> My misconception comes probably from looking at book keeping and GnuCash
> through continental European eyes.
>
There may, of course be differences, how I keep books and what I need to 
report vs somebody in continental Europe.

But I look at bookkeeping from the point of view of how it was done pen 
and ink on paper not all that long ago (within my lifetime; how I 
learned to do it). I am positive that continental European bookkeepers 
were also able to do it pen and ink on paper.

If can be done pen and ink on paper, can be done using gnucash. If you 
choose "journal view" then you enter transactions just like you did in 
the good old days (not! because of the many transcription errors doing 
manual posting from journal to ledger --- the computer automates 
posting, no errors).

Show me the subsection of books, the transactions, etc. as they would be 
pen and ink on paper ans then make your claim "can't do that using 
gnucash" But please note that does NOT mean using one of the skeleton 
example CoAs that come with gnucash.  It means you may have to "roll 
your own" CoA in gnucash to match your paper one. Nor am I talking about 
terminology differences.

Michael D Novack