How to allocate a bas payment in reckon one?

Angelika Rosen · August 2016

Hi,

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
Thanks
Angelika

Kwikbooks (Professional Partner) · August 2016

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.

https://community.reckon.com/reckon/topics/fyi-bas-tracking-jnl-entries-dont-work-in-reckon-one-the-...

Kwikbooks (Professional Partner) · June 2019

Hi Sarah

Just answered in other forum

email me if you have issues Kim@kwikbooks.com.au

How to allocate a bas payment in reckon one?

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