GTS and BAS
Recently active
Hi, I have QB online and what appears to be the newer GST page. The trouble is when I click record payments I can't vary the amounts. I lodged a few old BAS's in a row to catch up and the ATO refunded me in two separate payments. The payments received don't seem to correspond to the BAS's I lodged, and I can't reconcile my bank accounts until the payment are recorded. Is it possible to access the old GST page where we can vary the amount? Thanks, Nick
Original commenter did not share additional details
What is the difference between tax exclusive and tax inclusive?
I have a BAS report in QBO that doesnt align with what I have submitted with the ATO. Originally I had prepared the report in QBO, submitted it with the ATO, then forgot to submit it in QBO. Subsequent to this I found a heap of old transactions relating to a lease agreement that were incorrect and I had therefore deleted them. I had forgotten to consider that deleting thse transactions would mean my BAS was incorrect. So now when I go to try and close that BAS period in QBO the totals are very wrong. I cant adjust the BAS (QBO doesnt allow you to do that), and I cant reinstate the transactions as I deleted them. Whats the best way to make an adjustment for these transactions so that I can close that BAS period (in alignment with what I submitted to the ATO)? Thanks in advance for any help.
These changes have occurred on multiple client files, are other users experiencing the same changes?
Why doesn't GST paid to the ATO appear on my P&L or Tax Report as a Business Expense??
I have created a GST refund as described throughout this site using a Journal Entry. My issue now is connecting that refund to a particular bank account. In the Journal Entry, I debited the refund into the ATO Clearing Account. This doesn't record the refund into the bank account though.
My client has two stores under the same ABN. They registered 2 GST branches with ATO and I can I set it up at Quickbook to lodge the BAS for them? Thanks!
Hi,I have a strange issue that I can't figure out how to resolve.I'm trying to lodge by BAS for the last quarter, but unfortunately this time, the PAYG withholding amount is not calculating correctly, and is just showing a figure of less than 10% of what it should be.The IAS monthly lodgements have been correct, the BAS for the previous quarter was correct, the W1 and W2 allocations are correct when i run a seperate report to check those. I don't know if this is a relevant fact or not, but also on the last page of the BAS summary, I receive a warning at the top that states: We can’t e-lodge this activity statement, as the reporting basis is not what the ATO was expecting. You may still ‘Mark As Lodged’ until you fix that. I haven't made changes to my reporting basis (cash) so i'm not sure what this error is, or if it has something to do with the incorrect PAYG figure. Can anyone please assist me with this?Thanks,Sam
Need to look at Paying VAT as well as GST in Australia. The Info I find On WEB seems to say use the Taxes Tab to add groups and new tax rates. But in AU only have GST Rates and cant add any VAT ones. Only using Simple start at present . Is this a subscription problem ? Would very much like to be able to lodge to UK as well as ATO from one Quickbooks ? May not be possible due to currency ? do I run a seperate UK QBO sub ? But that if gives problems when pulling in Shopify data to different places. Can Anybody (online digital seller for eg) who has faced this type of problem please just point me in right direction.
should out of scope or GST free be used for personal spending through the business account, dont want the client to claim the GST back or be added to any income on the BAS
