After you have built the account structure, updated the tax tables we need to register the GnuCash file as belonging to your company. To register your company, select
File -> Properties:
- Enter the name of your company along with contact information such as your phone number, fax number, e-mail address and website URL.
- Enter your company's tax payer VAT id number in the Company ID field.
- Select default tax tables applicable to your most common customers and vendors.
- Tax charged on sales to customers is output tax.
- Tax paid on purchases to vendors is input tax.
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