On Feb 2, 2008 8:42 AM, <..hidden..> wrote:
I have various taxes accumulating in liability accounts 2210 and 2215.
The time has come for me to send some of this money to the gub'mint
and thus reduce my liabilities. I have created a creditor record for
the government department in question. However, if I go to create an
AP transaction, I don't have the opportunity to select any liability
accounts.
What I want to do is to write a cheque and record in LedgerSMB that I
have decreased the liabilities recorded in these two accounts. How do
I do it?
I run sql-ledger, but unless i missed something, I do not think this is
different under LSMB:
In your Chart of Accounts, try selecting the check box "Expense/Asset" under
"Include in drop-down menus" for the account.
I do it a different way. I just do a GL transaction CR bank, DB liability
accounts (GST collected, GST paid (which you might have set up as an asset
of liablility account - I do not think it really matters - I know of
arguments for each way.)).
!DSPAM:3,47a3bfc193831804284693!