I currently manually calculate my GST from the tax summary table and a GST worksheet. Is there anyway to automate this like using the simplified BAS/IAS tax report? When I went to use it - the numbers were always zero so I guess I'm not using it correctly or misunderstand it's purpose.
Hi Jay - the numbers are zero as you havent configured probably the buttons as someone suggested (one time job) - but also you need to configure the dates (each quarter task)... so click the Config button at the bottom - select the dates you want to report on - if still no numbers show - then this means your label buttons need a one time configure - hopefully Kevin has sorted you out with this by now? I always run the Tax Summary report for the period - with settings to show gross numbers and ignore empty labels - this allows me to confirm that what shows on this BAS screen is just the same as the Tax Summary report - this should then match to the Balance Sheet Tax Payable account for the corresponding period and Cash/accrual settings. Cheers Linda
Now that it's time to submit by BAS again, I stopped and looked at how to configure the BAS on Reckon and it's all worked wonderfully. Thanks everyone for your input. I've called the government and given them my software ID so next time I can submit from within Reckon - I normally submit electronically on the MyGov website. They said I'd need to flick a switch / change a setting in Reckon to allow Reckon to submit electronically. Does anyone know what they meant by this?