T1 on Reckon Activity Statement

Laurelle Searle

How do I get the total of my GST each quarter to automatic appear in T1m when not all the sale item are listed to choose from.

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Acctd4

Hi Laurelle

Can you clarify further ? Are you referring to pre-populating the labels in the Simplified BAS form feature ?GST should automatically populate at 1A (GST received) & 1B (GST Paid), NOT at T1.

T1 should show your NET income (including any Fuel Tax Credits), hence the accounts listed under that label, for you to select the relevant (income) ones.

Laurelle Searle

Thank you for your quick reply Shaz, Sorry for the delay in my response, I could not get back in to Reckon Community to answer as my password reset x 3 did not work. 1A & 1B work perfectly. (my settings never change themselves from BAS to BAS) it is only T1 where I have trouble sometimes. Some of the sales items just randomly disappear and I have to highlight them again. I keep a spreadsheet BAS calculation (I add Reckon report figures into a formulated spreadsheet (my double checker) to equal the Reckon one. I always have add in the Fuel credit amount as this is a calculation from Litres purchased not amounts and the rebate changes month to month sometimes. It is just time consuming as the List in the T1 are all over the place, it would be good if all income items were separate to the expenses you could see with one glance that they all were not highlight instead of having to go through the whole list to find them. As being in Primary Production we have many different sales items.

Acctd4

Hi Laurelle

I get around this by just configuring the previously-saved BAS file each time. This retains your label selections so you don’t have to re-select them each time! ☺️

Just Save the BAS once completed:

... then next time, Open that previous one:

Click on the New button

... & it will revert to a fresh Config button where you can then go in & configure your sections & date ranges as usual 😊

NOTE: If you create any applicable new accounts, you'll need to make sure to select them the first BAS after!

The BAS Export Files are specific .xml files so when you name them, don't change this format type (eg retain the "xml" after the .)

Remember where they're saved (note down the file path) ! Either "Pin" the folder or add it to your Quick Access menu (that list down the left-hand side in my "Open BAS Report" screenshot above) so you can easily access them.

FUEL TAX CREDITS:

USEFUL TIP: I also create & customise a Purchases by Item Summary report to show specific Litres & cost for FTCs & Memorise this one with my other BAS reports:

For this, you use Item(s) linked to your appropriate fuel expense/COGS account(s):

(rather than just posting direct to the account on the Expenses tab of your Cheque/Bill/Credit Card) & enter the fuel qty each time:

This is the detail behind the 169 "TOTAL":

... & this is the first (BP) transaction:

Hope that helps! 😊