[GNC] Generating Yearly Figures for Accountant/Tax Return (UK)
Michael or Penny Novack
stepbystepfarm at comcast.net
Mon May 12 10:32:41 EDT 2025
> I see a problem with the approach taken by the accountant. For example
> you mention 'petrol'. There are a variety of ways to fuel a car,
> petrol, diesel, electricity, hydrogen are known to me.
> Once your accountant asks for 'petrol' then the system is blinded to
> other potential business costs.
Or LPG, ethanol, etc. But THAT brings us to the question "what's in a
name?" YES "vehicle fuel" would be a better name for the account, but
remember gnucash (or any other accounting program or even old pen and
ink on paper) would be agnostic as to what is going into the account. It
is OUR human understanding of the meaning of "petrol" that matters, the
computer has no such knowledge.
In other words, OK as long as the accountant understands "petrol" as
simply short for "petrol or any other vehicle fuel". ONLY if thee is
some accounting reason to differentiate (say different taxes/rebates)
would sub accounts for other fuel types be needed.
Michael D Novack
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