[GNC] sales tax liability report?

[Michael or Penny Novack]

On 5/9/2024 2:57 AM, Deva via gnucash-user wrote:
> Ted,
>
> If you have setup your accounts based on suggestions in the tutorial and concepts guide, you can try the following report -
>
> Reports -> Income & Expense -> Income and GST Statement
>
> In your case, GST = Sales Tax

We MIGHT need a clarification, but my sense was that the sales tax 
amounts collected but not yet sent to the gov't were (correctly) being 
credited to a liability, not an income account. So would not show up as 
an account under an I&E report. In other words, the amount collected (on 
behalf of some gov't) not being considered income so when paid to the 
gov't not an expense. Never YOUR money, just holding it for the gov't 
till sent, quarterly, or whatever.

Maybe what we want here is a better description of the report that is 
wanted? What is it supposed to show?. For example, were I running a 
business that was collecting sales tax for many states, I'd probably 
want a report showing how much I owed each << and I think I would be 
using part of a Balance Sheet report to get that (ignore the rest of 
it). in other words, I'd have a parent under liabilities "sales tax 
owed" under which a child for each jurisdiction. Run each quarter (or 
whatever) looking at JUST this parent and its children to see what 
payment to make to each jurisdiction >>

Michael D Novack

Michael D Novack