[moneydance] VAT/GST support per installation, per file, per account?

[Keith Bates]

On Thu, 20 Nov 2008 21:44:22 +0100
Cortjan Koppen <registratie at koppit.nl> wrote:

> The solution of my 'problem' may stare me in the face, but if it
> does I need some help to get it to my brain.
> 
> I have one installation of Moneydance on my Mac. There currently are  
> two files which I defined, one handling my personal finances and one  
> handling family finances. Each file contains several accounts, in
> most cases I started one account per bank (there are e.g. several
> saving accounts per file).
> I deactivated VAT support in the General Preferences.
> 
> Now I want to start using MD for my company too. A new file can  
> contain all necessary business accounts. Therefore I need VAT
> support. If VAT support is activated, ALL files in MD will show the
> VAT-stuff, i.e. my company accounts AND my two private financial
> environments (files).
> 
> Question: is there a possibility to use VAT only in one environment  
> (in one file, containing several accounts)?
> 
> Thanks for any ideas.
> 
> Cortjan.

I would recommend that you keep your personal and business stuff in
separate accounts- unless you use business bank account for personal
use or vice versa.

In that case you can use VAT in one file and not the other.

The other thing is that you can specify exactly which accounts (i.e.
categories) use VAT/GST and specify a different percentage rate for
each. So you could conceivably set up accounts such as "Car use"
with sub-accounts "personal" and "Business" with differing GST rates
(i.e. 0 in personal and whatever the actual rate is in business).

Hope that helps

-- 
God bless you,


Keith Bates

www.new-life.org.au

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