Re: [SLUG] tax, damn them

[Terry Collins <terryc@nospam.woa.com.au>]

Conrad Parker wrote:

> your page notes that GNU Enterprise is based on GnuCash; is this
> still the case?

Probably incorrect now.
> 
> the GnuCash pages claim that GnuCash is/will be aimed at both
> personal finance and small business accounting.

GNU cash has no stock control/inventory, so if that suits your
business, it may be the case.

My major problem when testing GnuCash was that I could never get it to
save anything. After trying three different versions with the same
problem, plus no inventory, I've not been back.
> 

..snip....

> As Terry said, the GST rules are pretty nightmarish so it looks like
> someone will have their work cut out for them implementing them for
> GNU Cash/Enterprise ...

Umm, no I said they are unclear. 
Basically for me
      All purchases = $/110*10 = GST component to GST paid ledger
      All sales = subtotal of (item + delivery + handling) *110%, with
10% to GST owed ledger

Every three months GST owed - GST paid = cheque to ATO.

>
--
   Terry Collins {:-)}}} Ph(02) 4627 2186 Fax(02) 4628 7861  
   email: terryc@nospam.woa.com.au  www: http://www.woa.com.au  
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