Tx for sending invoice with vat?

General
1

I am just getting started with hledger and pta.I want to add a tx for an invoice I am sending. I reside in a scandinavian country where VAT is 25%. Before I was using an accounting program where I would use these accounts for such a tx

3010  -28.00
2611  -7.00
1510  35.00

Where 3010 is "sales", 2611 "vat on sales" and 1510 "accounts receivable" (hope I got the translations correct). How would that look like in pta?
Thank you

2

Maybe you could show the full general journal entry from your old accounting program ? That'll be relatively easy to translate to PTA.

3

Actually I think it'll be something like:

2025-01-08 Invoice to Client1
    Revenues:Sales                       -28
    Liabilities:VATPayable                -7
    Assets:AccountsReceivable:Client1     35

(Or you could use the old account numbers if preferred.)

3 Likes
4

Great. I dislike accounting, but a little less with pta and hledger.
Thanks

5

For completeness, I should say that's the entry when using accrual basis accounting. If using cash basis accounting (as individuals and small businesses usually do in the US), it's different.
https://plaintextaccounting.org/Invoicing

6

Good point, I have been using cash based but have to start using accrual since I am sending invoices to other EU countries (which requires handing in a report that in turn requires accrual based accounting).