8 BAS Links - Revision history

Angelica at 00:22, 11 December 2014

2014-12-11T00:22:22Z

Simon Clive at 23:30, 29 December 2011

2011-12-29T23:30:27Z

Simon Clive: Created page with "BAS Links Which accounts should be selected in the Payroll section for the BAS? Select the BAS Report button, this will open the BAS Report Statement at the Supplies and Acquis..."

2011-06-29T23:49:28Z

Created page with "BAS Links Which accounts should be selected in the Payroll section for the BAS? Select the BAS Report button, this will open the BAS Report Statement at the Supplies and Acquis..."

New page

BAS Links

Which accounts should be selected in the Payroll section for the BAS?

Select the BAS Report button, this will open the BAS Report Statement at the Supplies and Acquisitions section
of the report.
Select the Taxes and Amounts Withheld tab
Select the Reporting Period either Monthly or Quarterly
Select the Year
Click W1, W2, W3, W4, T1 to View all the accounts that will appear under the totals. W1 is a combination of the
Gross Wages expense accounts, ie all accounts that go into the Gross Wages as a total and W2 is the PAYG tax expense
account. Amounts will refresh as you click on these buttons.
The Select Accounts screen will load.
If modification is required, use the CTRL Key and click on the item you wish to add or remove from this selection.
Select 'OK' to save, or select 'Cancel' if you want to exit without saving.

@@ Line 1: / Line 1: @@
-Which accounts should be selected in the '''Payroll''' section for the'''BAS?'''
+'''Chart of Accounts'''
-*Select the '''BAS Report''' button, this will open the '''BAS Report Statement''' at the '''Supplies and Acquisitions''' section of the report. Select the '''Taxes and Amounts Withheld''' tab
+'''How should these be grouped and under which header account?'''
-*Select the '''Reporting Period''' either '''Monthly''' or '''Quarterly'''
-*Select the '''Year'''
+'''<u>Payroll Expenses</u>'''&nbsp; is the header account for the expense accounts listed in payroll preferences. Within Payroll Expenses there is also a '''Gross Wages''' header account. This is the header for '''Payroll Expenses''' other than '''Superannuation''' and '''Work Cover '''expenses and effectively seperates your direct and indirect payroll expenses.
-*Click '''W1, W2, W3, W4, T1''' to View all the accounts that will appear under the totals.
-*'''W1''' is a combination of the '''Gross Wages''' expense accounts, ie all accounts that go into the Gross Wages as a total
+'''<u>Payroll Liabilities</u>''' - is the header account for the '''Liability''' accounts listed in payroll preferences
-*'''W2''' is the '''PAYG tax''' expense account.
-*Amounts will '''Refresh''' as you click on these buttons and the '''Select Accounts''' screen will load.
-*If modification is required, use the '''CTRL Key''' and click on the item you wish to add or remove from this selection.
-*Select '''OK''' to save, or select '''Cancel''' if you want to exit without saving.

@@ Line 1: / Line 1: @@
-BAS Links
+'''BAS Links'''
-Which accounts should be selected in the Payroll section for the BAS?
+Which accounts should be selected in the '''Payroll''' section for the'''BAS?'''
-Select the BAS Report button, this will open the BAS Report Statement at the Supplies and Acquisitions section
+*Select the '''BAS Report''' button, this will open the '''BAS Report Statement''' at the '''Supplies and Acquisitions''' section of the report. Select the '''Taxes and Amounts Withheld''' tab
-	of the report.
+*Select the '''Reporting Period''' either '''Monthly''' or '''Quarterly'''
-Select the Taxes and Amounts Withheld tab
+*Select the '''Year'''
-Select the Reporting Period either Monthly or Quarterly
+*Click '''W1, W2, W3, W4, T1''' to View all the accounts that will appear under the totals.
-Select the Year
+*'''W1''' is a combination of the '''Gross Wages''' expense accounts, ie all accounts that go into the Gross Wages as a total
-Click W1, W2, W3, W4, T1 to View all the accounts that will appear under the totals.  W1 is a combination of the
+*'''W2''' is the '''PAYG tax''' expense account.
-Gross Wages expense accounts, ie all accounts that go into the Gross Wages as a total and W2 is the PAYG tax expense
+*Amounts will '''Refresh''' as you click on these buttons and the '''Select Accounts''' screen will load.
-account.  Amounts will refresh as you click on these buttons.
+*If modification is required, use the '''CTRL Key''' and click on the item you wish to add or remove from this selection.
-The Select Accounts screen will load.
+*Select '''OK''' to save, or select '''Cancel''' if you want to exit without saving.
 If modification is required, use the CTRL Key and click on the item you wish to add or remove from this selection.
 Select 'OK' to save, or select 'Cancel' if you want to exit without saving.