Re: [SQL-Ledger-users] Documentation?

[Mark T. <ma...@fr...>]

[snip]
> keywords mean. The messages are archived at sourceforge. A link to the
> archive can be found at http://www.sql-ledger.org/misc/support.html

Thanks, I had checked the archive and read that message, and looked at the screenshots, but I 
fear my problem is even more basic. I feel incredibly stupid, but.....

I'm using 1.2.7. I understand the general accounting principles but not the terminology involved, 
and no-matter how I link or record a simple incoming invoice I can't get results that make sense 
to me. If someone would be so kind as to give concrete help on the following example I'm sure I 
could get my head around the rest:

I have a Chequing account used for whole payment, including VAT.
and an invoice I need to pay for a server that includes 17.5% VAT (UK standard sales tax).

How should the Chequing account be set-up? I have: 'Asset', 'Account', 'Receivables: Deposit', 
and 'Payables: Payment'  checked.

What should be entered/selected in the A/P -> 'Add Transaction' form fields for:
Amount:, VAT:, Paid:
I tried many daft things but this is the example I would most expect to work:
'Amount:'    1175   1820- Office Furniture & Equipment   (gross including VAT)
'VAT:'           175   2310-GST
'Paid:'         1175   1061-Chequing Account

However, this results in an Accounts List showing:
Chequing Account  Credit 1175.00
Office Furniture & Equipment  Debit  1175.00
Accounts Payable  Credit  175.00
GST   Debit  175.00

Debit total  1350
Credit total 1350

Surely that can't be right :)

BTW I've added one account, 4340, for Sys admin income. All other accounts are using default 
settings.

Any help appreciated,

Mark

Mark Tiramani
FREDO Internet Services
ma...@fr...