I am using Gnu Cash to track my personal expenses as well as my freelancing income.
On some of my income I receive VAT which I then have to pay back. Currently the income/expense cash flow report is skewed because that VAT appears on both places.
The income payment (transaction) is one-time, including VAT. After a month (or before), there is a transaction that returns the VAT on my payment back to the state. Is there any way where I can subtract this amount from 'money in' instead of having it show up in the 'money out' section?
I have this problem not only with VAT but with cashbacks as well (electricity, health insurance, erroneous payments). For those I would like the positive flow to be extracted from 'money out' instead of having it show up in 'money in'.