Still owing GST after CFB stimulus

andy55andy55 Member Posts: 3

Hi,

I would like to know how to record the transaction , we use reckon premiere desktop , i.e we get cashflow boost around $ 5000 which apply to our activity statement for july - september.

We report our BAS quarterly , we owing GST $6.393.

the amount due to the ATO $ 1.393

how i record this transaction? Make deposit for $5000 and pay BAS normally by writing cheque for $6.393?Thanks

Sign In or Register to comment.