Enter PAYG Opening Balance and Payment/Receipt Transactions

To Enter Opening PAYG Withholding Balance

• Click Setup
  
• Opening Balances
  
• Assets and Liabilities menu option
  

Note: All opening balances for all assets and liabilities can be entered via this menu option

Note: Opening balances should only have to be entered once when your first start using Cashbook as they are maintained automatically by the system thereafter

iv. Click Yes to Confirm message: 'WARNING! You have selected a function that allows changes to opening balances and last year figures. Do you wish to proceed?'

v. In the This Year's Opening Balances window, scroll down until you get to the PAYG Withholding account

vi. Enter your PAYG Withholding opening balance in the Liability/Equity column

vii. Click OK to save

 

To Enter a BAS Payment Relating to a Prior BAS/PAYG Period

• Click on Cashbook toolbar icon
  
• Select a bank account from the Selected Bank dropdown list
  
• Click Add
  
• Enter the appropriate details. For example: if your PAYG payment is part of an overall BAS payment for a particular quarter, it may look similar to this-
  

Article ID 1465