Re: Really dumb question.....

[beamends <..hidden..>]

On Fri, 2008-05-23 at 19:54 +1000, Terry Porter wrote:
> Bearing in mind that IANAA (I am not an accountant),I'd do it this way:-
> 
> 1) Create two GL entries (in the one GL screen), one for the base amount and one for the tax amount.
> 
> The fuel amount would be an expense and expenses go in the Debit column.
> 
> I guess VAT must refunded as you want a separate entry (I don't know about VAT) then it's
> probably an asset ? and needs to go in the Debit column for that asset account ?
> 
> 
> Cheers
> Terry
> 
> 

Blimey! I think I'll just create a supplier called AnyGarage and raise a
purchase order each time for fuel....

Cheers
Richard

> 
> On Fri, 23 May 2008 08:36:07 +0100
> beamends <..hidden..> wrote:
> 
> > I'm trying to enter a payment for diesel. I just have a receipt, and
> > paid cash. I'd assumed that this would be a General Ledger entry using
> > the 7300 Motor Expenses account, but I can't see how to register the VAT
> > amount. I've probably totally missed the point, just for a change....
> > 
> > Any pointers appreciated.
> > 
> > Cheers
> > Richard 
> > 
> > 
> > -------------------------------------------------------------------------
> > This SF.net email is sponsored by: Microsoft
> > Defy all challenges. Microsoft(R) Visual Studio 2008.
> > http://clk.atdmt.com/MRT/go/vse0120000070mrt/direct/01/
> > _______________________________________________
> > Ledger-smb-users mailing list
> > ..hidden..
> > https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
> 
>