[GNC] Recommend Accounting Books
Michael or Penny Novack
stepbystepfarm at comcast.net
Sun Apr 21 11:43:23 EDT 2024
On 4/21/2024 7:48 AM, flywire wrote:
> A significant limitation for small business is GnuCash will not do cash
> accounting *and* automated sales tax.
>
Worse than that. I do not believe Gnucash can do "automated sale tax" at
all -- not in the sense that a POS system can. Gnucash can do "automated
sales tax" when this is simple (special case).
For example, you are selling "widgets" -- where exactly would gnucash be
storing the information widgets of type A are taxable and widgets of
type B not when being sent to a delivery address in jurisdiction X vs
jurisdiction Y.
As soon as you say "you can mark the line in the invoice" I say that is
"manual", not "automated". And even if you did want to call that
"automated" because it calculated the tax for you, how about if not just
"non-taxed" vs "taxable" but "non-taxed" vs "taxable at rate X",
"taxable at rate Y", etc.
Michael D Novack
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