Forum Discussion

q_man_snowflake's avatar
q_man_snowflake
Experienced User
9 days ago

GST Report figures not same has BAS/PAYG Activity Statement

I'm having a hard time accepting my figures on the GST Summary Accrual and Payroll Summary reports don't match up to the BAS/PAYG Activity Statement. Payroll Report matches STP and has been correct a...
Earl_HD's avatar
Earl_HD
MYOB Moderator
8 days ago

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

  • q_man_snowflake's avatar
    q_man_snowflake
    Experienced User
    8 days ago

    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.

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