GTS and BAS
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Hi AllI had a glitch last December with a pay run that I had to modify the date paid. This has inadvertently caused 2 journals to be created which has resulted in an overpayment for my IAS for that period ($1034). I have since reversed the incorrect journal used the same journal date so that the adjustment is reflected in the correct period (any I didn't want to be penalised due to the current cash flow boost payments) and I have had my accountant lodged an amendment for me. This has all be done and I have received a refund from the ATO. I have since noticed that the figure used on W5 in my last IAS has been overstated again by $1034. How can I correct this? and how do I correctly reflect the refund in the PAYG Liabilities account?Thank you
The Total Sales in P&L are lower than in G1 because of incorrect coding.
Hi,I lodged our OCT-DEC19 BAS statement in QB for the amount of $4952.00. I went onto my My Gov account and paid the owing gst - however the ATO said we only owed $4367.67. So because my bank account is linked to QB it posted over the transaction of $4367.67 into QB.Now when I go to the GST section and go to click 'Record Payment' it still has the owing amount as $4952.00 - how can I fix that? 1) how do I amend the QB BAS owing amount to reflect the $584.33 difference?2) how do I match the bank posted amount of $4367.67 to the BAS owing amount (once its been adjusted) Thanks,
HI, I will be registering in Q4 this year for GST as I will exceed $75,000 in turnover. I need to change a lot of my products I sell tax code to GST 10%Is there anyway I can do these in a batch to save time???
