Re: [SQL-Ledger-users] Tax summary

[Adrian B. <ad...@sn...>]

Leo Masciuch wrote:
> 
> I suspect that to do GST/VAT on a cash basis and the rest
> of the books on an accrual basis, you'd have to develop
> the tax handling routines separately.  The only accounting
> package that I've seen attempt the is QuickBooks and their
> solution for cash accounting uses proportions applied to
> accrual accounting.
> 
> I wonder if Dieter anticipated the nuances that would
> arise for each country's implementation of sales tax.  I
> spent a number of years in the USA and it is a matter of
> each municipality's implementation of sales tax.
> 

All this has worked out well for me as I have discovered that the
taxation office here anticipated accrual accounting and I was thingking
in terms of cash accounting. They now owe me many 10s of thounsands of
dollars. :-) This is good when trying to build up assests.

Again thanks for the advice.

Adrian
-- 
Adrian Blake  (MIEEE)
Smart Radio Systems Pty Ltd
26b Bombala St, Cooma, NSW 2630, Australia
Ph 61-2-64525555 Fax 61-2-64524317