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RobertC
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Post subject: Taxes Searches Posted: Fri Dec 16, 2011 4:55 am |
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Joined: Fri Dec 16, 2011 4:42 am Posts: 2
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Hello!
About salestax (VAT) I am,(as I found on this forum), able to query for all sales and incomes that are affected by sales tax. However, I am unable to see the total of those. Also, the figures seem to incorrectly affect my total budget.
Example:
I have 5000.
I buy something for 500 (25% tax, 400+100)
I then sell it for 650 (25% tax, 520+130)
My total budget shows as 5150. when in fact its 5120.
While I can accept this. Since in reality I do Have 5150 in my register, without a way to search for taxes or have some way of showing how much I Owe or can Write Off, this program really offers very little help as bookkeeping for businesses.
I am quite happy with the program otherwise and will use it for my private economy anyway, but it does seem a little pricy if I am unable to use it for my business-bookkeeping.
Is there a way to find the information I need or are there plans to implement them in the near future?
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stanbusk
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Post subject: Re: Taxes Searches Posted: Fri Dec 16, 2011 8:28 am |
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Joined: Wed Dec 28, 2005 9:13 pm Posts: 6732
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Not sure I understand, are you using the tax field in the transaction panel? The two taxes are different, right? How do you enter them?
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RobertC
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Post subject: Re: Taxes Searches Posted: Fri Dec 16, 2011 8:40 am |
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Joined: Fri Dec 16, 2011 4:42 am Posts: 2
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Yes, I am using taxes in the transaction panel, linked to accounts so it automatically calculates (in my case 25) % in the bottom left corner.
I can then use query to find all transactions with VAT in or out, but since i don't get a VAT total I really don't see the point?
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stanbusk
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Post subject: Re: Taxes Searches Posted: Mon Dec 19, 2011 8:45 am |
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Joined: Wed Dec 28, 2005 9:13 pm Posts: 6732
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Do you mean the 'Taxes' report in the 'Reports' panel? I can see a total in mine, what are you missing?
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