I have been entering all my financial records into GNUCash, and now I need to find the most efficient way to extract all the needed figures for the BAS. The Income & GST Statement looks like the way to go however it appears only to calculate total sales and GST, and I am uncertain if it can be customised.

Currently, I have created tax tables for Export and GST-Free sales in addition to one for ordinary GST, although this might not be the correct approach. My thought was that I should be able to generate a report that breaks down sales by tax type, or at a pinch generate a report for each tax type, which would allow me to see each subtotal. Doing this has caused the report to calculate purchase tax of $0.00 on many of the sales, so clearly I am doing something wrong.

With respect to purchases, as I have both assets and expenses I would imagine that this needs to be calculated from Accounts Payable rather than individual expense and asset accounts, particularly as some of those are not purchases. At this stage, I have only non-capital purchases however for future purchases I would also like to somehow tag each purchase as capital or non-capital.

On the whole, GNUCash seems to be a very good system, so I am hoping enough people are using it to have solved this problem already. I don't want to learn Scheme or run an XSLT stylesheet over my database just to keep the ATO happy. :)

  • May be best post your questions on [email protected] (an old fashioned mailing list). If you're posting GST-free and GST-able items as different entries in an invoice, the Income&GST Statement does not have the ability to delve into invoice entries. It can however count them separately as separate invoices.
    – Chris Lam
    Commented Nov 19, 2019 at 7:48
  • Wow, Income&GST Statement is fairly useless.
    – flywire
    Commented Jan 8, 2023 at 10:42

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