[ Date Index ] [ Thread Index ] [ <= Previous by date / thread ] [ Next by date / thread => ]
On Sat, 27 Jan 2007 21:25:55 +0000 Eion MacDonald <eionmac@xxxxxxxxxxxxxx> wrote: > Paul Sutton wrote: > > Sounds a good plan, Open office has matrured, and there is gnucash > > for accounts, GnuCash isn't suitable for everyone (neither is Quicken) - there are alternatives. > To Paul? > Gnucash and UK VAT as opposed to personal accounts. > Do you have a VAT enabled GnuCash chart of accounts? GnuCash is not intended to handle VAT - think about it, VAT is a specialised, local tax implemented by a minority of the financial systems worldwide. SALES tax is different. Unfortunately, the gnucash codebase doesn't have a flexible method of supporting localised tax tables - there are simply too many and they change too often. VAT rates haven't altered but the categories and demarcations between rates change frequently. It is actually very complex to handle all these changes in an international manner whilst still retaining accurate records, past and present. > I have not got this Linux accounts system yet to do VAT in proper UK > style The vast majority of users have no need to track VAT - only VAT-registered businesses need that. GnuCash is personal with incomplete support for small business usage - emphasis on small, not medium-sized i.e. out of the scope of VAT registration. I'm self-employed, I've run a business for 15 years, I've been a gnucash developer and I'm still involved in developing free software for personal and small business accounts - VAT is not even on the horizon. -- Neil Williams ============= http://www.data-freedom.org/ http://www.nosoftwarepatents.com/ http://www.linux.codehelp.co.uk/
Attachment:
pgpDWP4rseTen.pgp
Description: PGP signature
-- The Mailing List for the Devon & Cornwall LUG http://mailman.dclug.org.uk/listinfo/list FAQ: http://www.dcglug.org.uk/linux_adm/list-faq.html