sql-ledger-users

How to include GST

[adrian <ad...@sn...>]

I have been using sql-ledger for over 12 months. Now the Australian Tax
office have made a change to the way tax reports need to be made.

Purchases need to categorised as either capital GST or non-capital GST.
Two such GST accounts can be setup. For GL transactions there is no
problem, but for AP transactions there is a need to SELECT the GST as
either being capital or non-capital.

Has anyone else a similar problem? Has it been solved? would someone
like to try? 

Adrian
-- 
Adrian Blake
Snowy Technology Pty Ltd
26b Bombala St.
Cooma, NSW 2630
Ph 2-64-524338 mobile 0407 232 978

Re: How to include GST

[Dieter S. <dsi...@sq...>]

setup two GST accounts.

Then recategorize your inventory items to either capital or non-capital
and checkmark the tax account for your taxable customers and vendors.


Dieter Simader    http://www.sql-ledger.org   (780) 472-8161
DWS Systems Inc.     Accounting Software       Fax: 478-5281
=========== On a clear disk you can seek forever ===========

On Wed, 17 Oct 2001, adrian wrote:

> I have been using sql-ledger for over 12 months. Now the Australian Tax
> office have made a change to the way tax reports need to be made.
> 
> Purchases need to categorised as either capital GST or non-capital GST.
> Two such GST accounts can be setup. For GL transactions there is no
> problem, but for AP transactions there is a need to SELECT the GST as
> either being capital or non-capital.
> 
> Has anyone else a similar problem? Has it been solved? would someone
> like to try? 
> 
> Adrian
>