[GNC] Moving from quicken

[Paras Desai]

In order to have tax report GNUCASH offers some options

1. If you are from USA, you can use GNUCASH inbuilt tax report

2. For non usa users, there are few work around, which i have adopted

A. Create income account and in its name add suffix taxable

Or

B. While posting income add "tax" in description.

Then run account or transaction report, in option menu filter "contains tax in description"

Or select account including child account which contains tax in its description.

All transactions or balance for the period selected will be there in the report generated.


This may need some practice or couple of attempts, but the report will be useful for knowing taxable income

Of course while posting you get to know which income is taxable and which is not.

Hope this helps

With regards

Paras

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