Reckon accounts bills still open for some suppliers 2017 & 2018 financial year.

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  • Updated 4 months ago
Hi all I have just started with a new company and notice Reckon accounts are in a bit of a mess I have bills still open for some suppliers 2017 & 2018 financial year. Just wondering is the best way to clear this up is to do a journal for 1 whole amount reflecting these amounts . All bills were paid just not completed in Reckon correctly.
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Marissa

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Posted 5 months ago

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Hi Marissa

Determine their GST basis (for BAS) & what has been reported first.  Hopefully, reports/lodgement paperwork has been kept on file & you can refer to that for this information.

 

If the transactions have been entered in RA correctly previously (eg via a “Write Chq” instead) & the company is reporting GST (BAS) on a Cash Basis, you can just delete these Bills if they are not outstanding.

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com


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Marissa

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Thanks Shaz for your help only just saw yr reply
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Marissa

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I still haven’t fixed this issue so I will look further into this and see how I go