Enter BAS Payment
Options
Mandy_9125583
Member Posts: 24 ✭
I need to enter my BAS payment. Please answer clearly.. I have baby brain and need a simple answer please My accountant has said "Some of our client’s code the ATO payments (spend money / make a payment) to an ATO Clearing Account (liability), the payment is then offset with the relevant $ amount for GST and PAYG withholding journaled from the respective accounts. If you are after something more detailed, we would recommend having a look at the Reckon help menu"
Can someone please outline what I need to do?? This was my last quarter. Cheers!
1A You owe ATO $4616
1B ATO Owes you $1499
G1 Total Sales $50777 inc GST
W1 Wages $12405
W2 Amount withheld $2289
4 Income tax withheld $2409
Total paid to ATO (1A+W2-1B) = $5406
Can someone please outline what I need to do?? This was my last quarter. Cheers!
1A You owe ATO $4616
1B ATO Owes you $1499
G1 Total Sales $50777 inc GST
W1 Wages $12405
W2 Amount withheld $2289
4 Income tax withheld $2409
Total paid to ATO (1A+W2-1B) = $5406
0
Comments
-
Did you ever get an answer??
0
Categories
- All Categories
- 6.4K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 5.9K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.3K Reckon Payroll 🚀
- 21 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 3K Reckon One
- 7 📢 Reckon One - Announcements
- 10 Reckon Invoices App
- 14 Reckon Insights
- 107 Reckon API
- 822 Payroll Premier
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 63 About Reckon Community