2011-05-10 GnuCash IRC logs
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12:43:46 <strk> can I setup a book so that every expense is automatically split to take VAT into account ?
12:43:53 <strk> ^book^account
12:47:51 <warlord> no, GnuCash does not have auto-VAT.
12:48:14 <warlord> The only place where it will compute and auto-split VAT is in the biz features when you input Invoices or Bills.
12:50:08 <strk> that's easy to do manually
12:51:58 <warlord> Yes, GnuCash can certainly help you compute the VAT. I.e., you could split yourself and then type: <total> * <VAT-Rate> and it will do the math for you.
12:52:08 <warlord> i.e. 19.99 * .07
12:56:07 <strk> where's VAT that low ?
12:56:15 <strk> .2 here
12:57:28 <strk> but indeed for fuel it's .08 (40% of VAT)
13:07:14 <warlord> I'm in the USA. We don't have VAT. But we do have sales taxes that low. (lower in many places)
13:07:20 <warlord> It was just an example.
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13:33:29 <strk> ah yeah. the one you're not obliged to add to the price tag
13:34:18 <strk> 99.99*0.07... lots of decimals lost in USA :P
13:36:46 <warlord> Yeah, one thing I really dislike. I much prefer the european way of what you see is what you pay
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