How is the W1 figure calculated in my BAS?

How is the W1 figure calculated in my BAS?

How is the W1 figure calculated in my BAS?

Cashbook Platinum

The W1 is the total gross wages/salary payments from which you are usually required to withhold amounts


 

To set accounts to be included in gross wages figure for the BAS return

  • Click on Chart icon
  • Edit a wages account
  • Make sure the Wages Account check box is ticked

For example:

 


iv. Wages Account - this is used to indicate (expense type) accounts to be included in gross wages figure for BAS return


Article ID 2074