[SL] Categories for taxes

[Stuart L. <sl...@cc...>]

Hello, I've been muddling along with just one sales tax account for a
long time, but I've decided I should do it right, with one account for
sales tax paid, and one account for sales tax collected.

I'm not sure that I'm classifying these accounts correctly. The sales
tax collected account (for tax on retail sales) is AR_tax, AP_tax,
IC_taxpart, and IC_taxservice. It's a liability account. Sale tax paid
is AP_tax, IC_taxpart, and IC_taxservice, and it's an expense account. 

Does this seem correct? I'd appreciate some guidance. I'm worried that
when we do purchases, both taxes will be calculated; or when we sell
something, the sale tax paid will be calculated; or something else
screwy will happen. How can I prevent this kind of mistakes?

Thanks.

-- 
Stuart Luppescu -=- s-luppescu .at. uchicago.edu        
University of Chicago (^_^)/ CCSR 
才文と智奈美の父 -=-=- Kernel 2.6.25-gentoo-r
What an author likes to write most is his
 signature on the back of a cheque.   -- Brendan
 Francis