GNUCash Auto Account for Taxes

by Jesse Mac Dougall   Last Updated May 16, 2019 00:01 AM

In Canada we have HST (13%) on all business transactions. When doing book keeping in GNU Cash, is there a way to record the taxes from the transaction automatically on a transaction level.

Example,

$113 total cost Debit supplies $100, debit HST $13, credit $113 cash.

I have set up the tax table for HST 13%, I feel like I should be able to link that tax rate to each of the expense accounts.

Thoughts?

Tags : gnucash


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