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Gnucash 2.4 Small Business Accounting by Ashok Ramachandran

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Time for action - charging sales tax on sales

Let us take an example where we are selling an item for which all three taxes are applicable:

  1. In the Edit Invoice window, you will see a column for Tax Table. From the dropdown list select the VA-Fairfax-Vienna tax table. Make sure the column marked Taxable? Is checked and Tax Included? is not. You will see that the appropriate tax is calculated and applied.
  2. In some jurisdictions, some of the costs are not taxable. For example, in Maryland, delivery charges are not subject to sales tax. Add a separate line item for delivery charges in the invoice and uncheck the Taxable? column.
  3. Once you have verified all entries, make sure you Post the invoice as shown in the following screenshot:
  4. Showing individual ...

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