Tax and BAS Agents have access to the ATO Integrated Client Accounts for their clients and the following is a procedure that allows Tax and BAS Agent to reconcile this account. This process invol...
Updated 7 years ago
Version 1.0
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Another way to do this, is to set-up a Supplier Card "ATO - Aust Tax Office". Then enter a Purchase, dated at the end of the relevant month quarter and using the above allocations, except for the Integrated Client Account.
Then raise a Pay Bill entry, dated with the payment date.
The ATO card should show a zero balance, after the Pay Bill entry.
Kym Yeoward CPA and CC
Darwin