BAS
Year End Processing - PAYG not included
Year End Processing - PAYG not included When trying to roll over an error appears saying you have not finalised your BAS returns (even when you have), it may be because you have not included PAYG in your finalised returns. NOTE: This solution is ...
Reversing incorrectly allocated GST
Reversing Incorrectly Allocated GST Please contact your Accountant before making any adjustments To correct a transaction with incorrectly attributed GST, in a previous BAS period: Step 1: Find the Transaction Find the transaction from the previous ...
Incorrect dates in the BAS, Debtors & Creditors.
Incorrect Dates in the BAS, Debtors & Creditors This is most likely due to incorrect date settings on your computer. From the Start menu: Click on Control Panel Region and Language (or equivalent dependent on your computer's operating system) ...
Entering Journal entries in previous financial year.
Entering Journal entries in the Previous Financial year WE STRONGLY ADVISE YOU DO NOT MAKE CHANGES TO THE PREVIOUS FINANCIAL YEAR WITHOUT CONSULTING YOUR ACCOUNTANT FIRST. You will only be able to enter journal entries in the previous financial year ...
Entering transactions for the previous BAS period.
Entering Transactions for the previous BAS period This error indicates you have already finalised your BAS for the period covering the transaction date. If you have already submitted your BAS to the ATO: Please contact your accountant for advice If ...
Changing a Quote to an Invoice.
Changing a Quote to an Invoice The Quote is from a previous BAS period, however the due date is today or just recently. The message "Cannot perform as dated prior to last GST return" is coming up. To fix this change the due date rather than the date. ...
Automatic Fuel Tax Credit Calculation.
Automatic Fuel Tax Credit Calculation Cashbook automatically calculate my Fuel Tax Credits (FTC) Fuel Tax Credits (FTC) provide business with a credit for the fuel tax (excise or customs duty) that's included in the price of fuel used in: ...
Reverse Transactions with GST.
Reverse Transactions with GST Before proceeding please contact your accountant. Transactions with GST dated in a previously submitted BAS period can't be deleted as the GST has been included in your BAS. This includes all brought forward transactions ...
GST-Free and Non-Reportable.
GST-Free and Non-Reportable Non-reportable: (i.e. GST Category 10. Non-reportable Payments and 11. Non-reportable Receipts) These GST categories are used for items that are excluded from the GST system and therefore not reported on the BAS in the GST ...
Update BAS total from Payroll or Cashbook.
PS Cashbook Update BAS total from Payroll or Cashbook Summary How do I change where the BAS calculates my W1 (Gross wages) and W2 (PAYG withheld) amounts from? Detailed Description Step 1. Click on the BAS icon on the toolbar. Click on the Setup tab. ...
Re-calculating the BAS after it has been finalised.
Re-calculating the BAS after it has been finalised I have just finalised my BAS, but realise that I need to change a transaction and redo the BAS. If you have not lodged and paid your BAS amount to the ATO, you can delete the BAS you have just ...
Deleting Old Invoices.
Deleting Old Invoices You will need to know what accounting basis you are working on, Cash or Accrual. If you are working on an Accrual accounting basis: If the invoice is dated in a previous BAS period, create a new invoice as a credit note (using ...
Reverse a finalised BAS
Reverse a Finalised BAS Note: Consult an accountant before reversing a BAS that has been lodged with the Australian Taxation Office Step 1: Open Previous BAS Return Click on the GST tab Previous BAS Returns menu option Step 2: Delete BAS Select the ...
BAS - Figures not printing.
BAS - Figures not Printing After selecting 'Print BAS' there are no figures coming through on the form. In the BAS setup the Return option has been set to: '3. Pay GST instalments - Lodge annual return' Generally the return option is '1. Report ...
Setting up your BAS details.
PS Cashbook Setting up your BAS details Summary How do I set up my BAS details? Detailed Description Step 1 Click on the BAS icon in the toolbar. A screen similar to the following will appear. Work through the Instructions provided on the ...
BAS section 5A.
BAS section 5A When printing BAS, section 5 does not appear Follow these steps to correct this issue: Step 1. Click on the BAS toolbar option Step 2. Click on the PAYG tab If there is anything, ‘0’ included , recorded against T2 or T3 , ...
Reversing Unpresented Cheques
Reversing Unpresented Cheques Deleting an unpresented cheque is not an option if it has affected the GST from a previous financial year or BAS period The correct procedure is to reverse the transaction via a Cashbook transaction dated today or in the ...
BAS W2 figure warning.
BAS W2 figure warning Getting the following (Similar) warning message when calculating the BAS The Pay As You Go (PAYG) withholding system is used to incrementally put aside portions of each employee's salary (i.e. withhold it), every pay day ...
GST Ledger Reconciliation.
GST Ledger Reconciliation The figures in my GST Ledger report don't match figures in other reports e.g. Trial Balance, Net Worth, Profit and Loss Check that the accounting method ( Cash or Accrual ) is consistent across all reports. Also, the GST ...
BAS Showing Incorrect Dates.
BAS Showing Incorrect Dates BAS using dates from previous BAS Period Providing you are calculating for the correct BAS period and you haven't missed finalising the last one - you can check this through Previous Bas Returns - this is to do with the ...
Activate GST for a company
Activate or turn on the GST option in Cashbook Click on the BAS toolbar icon Click on the Setup tab In the General section of this window, tick the Activate GST in Cashbook Plus! checkbox Click on the Close button to save Article ID 1414
Deleting a BAS
Note: You should not delete a BAS that has already been lodged with the ATO (Australian Taxation Office). To delete a BAS (Business Activity Statement) for a relevant tax reporting period: Click on the GST > Previous BAS Returns menu option. Click on ...
Year End Processing - PAYG not Included
Cashbook Standard / Connect When trying to roll over, an error appears saying you have not finalised your BAS returns (even when you have). It may be because you have not included PAYG in your finalised returns. NOTE: This solution is only for ...