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Processing Your BAS

Once all income and expenses are entered in the current BAS period, it is ready to be reviewed and closed.

To process your BAS, follow the steps below.

  1. Print off and review each of the following reports (as required):
  2. Review all Tax Reports to ensure you agree with the data entered in the cashbook:
    • Generate a Stacked Report & compare to the GST report for the current period.
    • Ensure all transactions are identified under correct GST Category.
    • All Fuel transactions must have correct litres, % rate claimed & delivery date.
    • Correct any identified errors for closed months in the current quarter through repair past.
      Note: This may cause corrections for the current BAS period.
    • Compare the Payment Summary Report from your payroll program to Agrimaster's Wages Tax Report.
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