richardtao
3 years agoContributing Cover User
record bas with 1a=0
Hi Guys,
how can i record the bas transaction with 1a =0 when I get a refund from ATO?
It seems get void if simply entered zero for gst collected . How can i avoid it ?
thx
Hi Guys,
how can i record the bas transaction with 1a =0 when I get a refund from ATO?
It seems get void if simply entered zero for gst collected . How can i avoid it ?
thx
Hi richardtao
Thank you for your post. The tax code N-T is normally used when recording BAS payments or refunds as these amounts don't need to be reported to the ATO. This Help Article, Recording your ATO payment or credit, has instructions on how to record this transaction that you can use as a guide.
Please feel free to post again. I'm happy to assist further.
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