Only issue I had was it looks totally different to my Xero as I am missing the adjust portion entirely - it however does allow me to input into the GST screen; is this correct? I have some that I've filed way too much in one quarter, too little the next (as they moved a massive invoice out)
Hi, is the filled section automatically entered after we lodged the BAS or do we need to fill in the amount ourselves based on the BAS amount lodged? Many thanks.
It may auto-fill of you lodge the BAS via Xero but I usually lodge via the ATO portal and enter the figures myself. It's probably a good check to enter the figures direct from what was lodged on the ATO end rather than rely on a pre-filled (if any) amount.
Hi, what do we do in the case when the ATO rounds up or down the figure to the nearest dollar? The GST rec will show that a couple of cents is unfiled. Do we put it under the adjustment column the difference or should we create a manual journal?
Hi Jay. You can ignore the cents as we only report to the whole dollar but if you want to clean it off the books to have a 0.00 GST closing balance you could post a journal.
