Press release

Open source accounting software for the US

Support for sales taxes in version 0.8.8 of the open source accounting software Gnuaccounting

Frankfurt am Main, Germany, 2015-04-16.

Version 0.8.8 of Gnuaccounting adds suport for sales taxes:

Until recently, only value added taxes were supported: In Europe, VAT is issued on all invoices and paid by both private and business customers. The businesses, however, announce how much VAT they spend on invoices of other companies and the IRS compensates this amount.

In the new version, it is possible to additionally enable sales tax and define per customer if this sales tax should be applied.

Additionally, this setting can be overridden per transactions, so the user can exceptionally enable or disable sales tax for customers with different defaults.

Further corrections and improvements are mentioned in the release notes. release notes.

Gnuaccounting 0.8.8 is available since Thursday, April 16th 2015, 11:00 CET on http://sourceforge.net/projects/gnuaccounting/files/gnuaccounting/.

Screenshot Screen shot: Main window (top left) and Sales Tax checkboxes in customer management (top right) and in the invoice creation (bottom left).

About Gnuaccounting:
Gnuaccounting is an open source Java cross-platform accounting and bookkeeping application. For the creation of invoices and vouchers it embeds OpenOffice. It supports chip-card-based online banking (HBCI) and exports data e.g. for VAT announcements. The first version was released on 23 March 2005. Since then, it has been downloaded more than 33,000 times.

The program is available in German and English and can be used as a portable application and uses, if desired, external databases like MySQL or PostgreSQL instead of the embedded Apache Derby. The application is compatible with the 32-bit version of Windows (XP, Vista, 7) and KDE-based 32- and 64-bit versions of Linux.

Further information can be found on the official website of Gnuaccounting: http://www.gnuaccounting.org

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