Payg tax withheld has changed on the bas for the last 3 qtrs, the employee pmnt summary figures are


Comments
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Hi Juanita,
Thank you for your post. Do you have the correct selections made for other current Assets and liabilities account? You can check this by clicking on W2 on BAs form. Please also see this article
hope this helps.
Kind regards,
Deepak
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Hi Juanita
The amount at W2 is being picked up from the PAYGW account itself.
Therefore, this discrepancy can also occur if you have posted any entries to this account (eg debt repayments etc) If this is the case & you have determined the correct amount is different, you can override the amount shown by entering the correct figure in that box.
NOTE: Make sure you have clicked on the “Config” button at the bottom of the BAS screen & checked the selections on EACH tab as the PAYG WH tab may not be set to the correct period.
Shaz Hughes Dip(Fin) ACQ NSW, MICB
Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)
Accounted 4 Bookkeeping Services
Ballajura, WA
0422 886 003
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
(NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
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Hi Juanita - I ALWAYS advise clients to TYPE in the AMOUNT for W2 - the BAS labels all pick up the movement in the account for the period (as explained by Shaz above)... whereas you want to enter the total for W2 as per the Payment Summary report for the period.0