Forum Discussion

Jo88's avatar
Jo88
23 days ago

G11 explanation

I have a question about G11 non-capital purchases figure that is generated on the GST return report. It appears to include GST and  GST free purchases.  Is that correct?  As I have been only includin...
G11
  • Genreve_S's avatar
    Genreve_S
    6 days ago

    Hi Jo88, 

     

    I believe it's best to reach out to an accountant or financial advisor regarding your question as they can provide the most accurate answer.

     

    Regards,
    Genreve

DuncanS's avatar
DuncanS
Ultimate Partner

Jo88 

 

I understand Simplier BAS commenced some years ago.

 

Maybe MYOB can assist whether G11 is required on a BAS.

 

Duncan Smith

Genreve_S's avatar
Genreve_S
MYOB Moderator
6 days ago

Hi Jo88, 

 

I believe it's best to reach out to an accountant or financial advisor regarding your question as they can provide the most accurate answer.

 

Regards,
Genreve

  • DuncanS's avatar
    DuncanS
    Ultimate Partner
    6 days ago

    Jo88Genreve_S 

     

    MYOB has a Fact Sheet titled "Simpler BAS Reporting".  No Date.

     

    The Fact Sheet has a link to the ATO website (QC 48878 dated 15 April 2021).

     

    Duncan Smith

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