Record BAS Liability

Question

I have in the Bank statement in the withdrawal column the amount of 2,500 -&nbsp;Bpay – ATO July BAS. How can I record it in Myob? I got an advice saying&nbsp;to offset the payment against the BAS liabilities that were outstanding at the beginning of the month. If someone can help me, I would appreciate it alot.

yanike_s · Answer

Hi&nbsp;Lillita6&nbsp;
&nbsp;
Thanks for your post. This help article explains this in detail:&nbsp;Recording ATO payments and credits (Australia).
&nbsp;
If you are still unsure on which accounts to use I would recommend talking to your accounting advisor.

Forum Discussion

Record BAS Liability

1 Reply

Looking for something else?

Learn, solve, grow

Related content

BAS

Recording a Payment

How to remove an asset recorded under liabilities

Payroll Liabilities Recon

Leave Liabilities

MYOB Business Lite BAS reporting

Leave Liability

GST Liability