How to allocate a bas payment in reckon one?

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  • Updated 7 months ago

I am new to reckon one and new to book keeping. For the last bas we have to paid some gst which I have to record. However not sure how to record this transaction? Can someone help please
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Angelika Rosen

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Posted 3 years ago

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Hi Angelika

you can only do this by jnl entry, and it will only work if you are paying the bas in full or getting a refund paid into your bank account.

Jnl entry:  Payment of bas: Dr GST collected - Cr GST paid - Diff.  Cr: Bank account (reverse this if a refund).

If you are paying it off, or a refund is applied to a previous debt then you are in trouble.  Entering a BAS in Reckon One is a minefield.  There are other posts. 
Hi Sarah

Just answered in other forum

email me if you have issues