Still owing GST after CFB stimulus
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