Hi q_man_snowflake ,
Thanks for your detailed post.
To address this issue, ensure data accuracy in your software, particularly in the GST Summary and Payroll Summary reports. Compare discrepancies such as GST collected, PAYG, and GST on Purchases between MYOB's reports and your BAS/PAYG Activity Statement. Confirm all transactions for the locked period ending 31/3/24 are accurately recorded. Consulting with a tax advisor or accountant can provide additional insights for precise reconciliation.
Feel free to visit these help articles for more information:
Business Activity Statements
Checking your BAS prior to lodgement
Regards,
Earl
Thanks Earl
Yes, they were the reports I was checking against.
Will check with our accountant before lodging.
It actually shows we should owe more that what our report says. At least it's not less.
