BAS not reconciling with your AccountRight reports

[BankRec]

Hi MYOB,

One of our clients is lodging their BAS online and their GST ledger reports do not match the BAS report.

We have tried the "Update from ledger" button but to no avail, there still appears to be a variance in some of the GST accounts.

We have also checked the tax codes set up and everything there appears to be correct also.

Their latest September BAS has already been lodged, but can we have their file checked before their next December BAS lodgement?

Thanks,

Fortunity Accountants

[SamaraM]

Hi @BankRec 

There can be a difference between these two reports, depending if you are using the cash or accounting basis, and looking at the version of the report using the same basis, along with a few other things that could be causing the difference. 

Here is our Help Article on the common causes and info on how to resolve discrepancies with the GST Reconciliation report: Out of Balance in Tax/GST Reconciliation Reports.

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