Most RecentMost ViewedMost LikesGST Reporting Hi there, We have recently switched from reporting our GST on a cash basis to an accrual basis to the ATO, how do we go about reconciling the difference for that initial reporting period? Regards BAS entry and ATO repayments We owe the ATO and are paying it off every month. The statement I just received has the fuel tax credit as a credit into the account, therefore reducing our overall debt with them. I've started a liablity account called 'payments to the ATO' to keep track of the repayments and interest. My question is...how do I record the fuel tax credit and possibly the pay as you go tax withheld and gst as debits into this account. I appreciate your response. Thank you. Solved
