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Quarterly BAS / Monthly IAS

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EPC3160
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Quarterly BAS / Monthly IAS

Hi,

 

we have recently decided to change from Accounting Plus to Essentials. We lodge quarterly BAS but Monthly IAS. Acct Plus, through BAS Link, had the flexibility to allow those paramaters....can you please advise how to set this up in Essential, if there is a way.

Thanks

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Partner AlanT
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AlanT
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Re: Quarterly BAS / Monthly IAS

@EPC3160

 

Hi Sharon,

 

Essentials does not have an equivalent to the BASlink module in AccountRight.

 

You need to firstly run the GST report for your GST figures each quarter and manually define the start & finish dates of the period.  For your PAYG withholding, you will need to run a payroll report, again manually entering the start & finish dates, but this will need to be the monthly dates, not the quarter.

 

When you run your monthly IAS, you will need to run the payroll reports for your PAYG withholding.

 

As for your PAYG instalment figures, you will need to calculate that manually also.

 

Hope that explains it.

 

Alan

 

EPC3160
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EPC3160
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Re: Quarterly BAS / Monthly IAS

Thank you Alan

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