To use a tax on invoices you also need to check the tax field for parts
and/or services and check the customer/vendor taxable.
Tax is only calculated when both match. That is the tax for the
part/service must be set the same as for the customer/vendor.
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 Fri, 16 Nov 2001, Ned Lukies wrote:
> Adrian,
>
> Thats not really what I was after. In the default chart of accounts, the
> GST is setup as a liability. When you receive stock, a debit is recorded
> against this account. Instead i would like a debit to be recorded against
> an asset GST account (called GST on purchases). I can create another GST
> account but I have no luck getting the "add vendor invoice" function to
> record the GST in that account rather than the default "2320 - GST
> liability" account.
>
> Ned
>
> On Fri, 16 Nov 2001, Adrian Blake wrote:
>
> > >Is it possible to seperate the single GST account into to so that I have
> > >an asset GST account for GST paid on purchases and a liability GST account
> > >for GST collected on sales? If so, how?
> >
> >
> > Simply create an new account probably with the next consecutative account
> > number and make it a liability.
> > I also have capital & non-capital GST accounts
> >
> > Adrian
> >
> >
>
>
>
>
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