Six Steps to Preparing BAS With MYOB - Campbelltown Bookkeeping

Six Steps to Preparing BAS With MYOB - Campbelltown Bookkeeping from MYOB Bookkeeping – Campbelltown Bookkeepers

By: MYOB Bookkeeping – Campbelltown Bookkeepers  13-Apr-2011
Keywords: Bookkeeping, Accounting & Bookkeeping Services, Myob

Campbelltown businesses that use MYOB and then take those figures to complete the Business Activity Statements (BAS form) don't always get it right

Campbelltown businesses that  report monthly, quarterly, or annually, should be aware of a few tips from our Campbelltown Bookkeeping Team when you prepare your BAS lodgements.

GIGO - ("Garbage In - Garbage Out")
Simply put, if you put in the wrong information, then you'll get the wrong information on the reports, since the MYOB reports are only as good as the data that's been entered.

To assist you, our Campbelltown Bookkeeping Team have put tohether some simple steps that you can use to check the figures. If you don't understand them, or not sure how to complete each step, then contact our our Campbelltown Bookkeeping Team

Six Steps to Preparing BAS in MYOB

Step 1.     Reconcile all your bank accounts, and credit cards used in your Campbelltown business
Step 2.     In MYOB use "Company Data Auditor" to check if GST codes are correct
Step 3.     In MYOB use the "GST Detail Report" to double check the GST codes are correct.
Step 4.     Print out the GST Summary Cash
Step 5.     Print out the "Employees Activity Summary" to double check against the BAS.
Step 6.     Print the BAS Form in MYOB
Step 7.     Contact our Campbelltown Bookkeeping Team to review your files and Business Activity Statements

Keywords: Accounting & Bookkeeping Services, Bookkeeping, Bookkeeping Services, Business Activity Statements, Myob

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