Home – New Forums Money matters Xero HELP!

  • This topic is empty.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #981886
    lilly
    Member
    • Total posts: 32
    Up
    0
    ::

    Hello everyone,

    I have sent off my BAS statement to the ATO and have paid them. The amount has come out of the business account but Xero didn’t recognize the amount and match it. I did approve and publish it for that quarter.

    Am I meant to do more manually? What have I missed?
    I really do need to get on to that new accountant. Any recommendations gladly accepted.

    cheers
    Lilly

    #1133539
    CindyK
    Member
    • Total posts: 155
    Up
    0
    ::

    Hi Lilly,

    You have done everything correctly, however the BAS payment itself needs to be input manually.

    When you publish the reports it locks that information so that it is not so easy to go and change it later. (When it is easy people tend to accidently modify past accounts and make it difficult for financial advisors to find what changed).

    When your BAS payment shows in your bank feed – then you use either Spend Money (for a payment) or Receive money (for a refund) to allocate the payment.

    I will send you a PM also if you would like specific help as to your transaction (as it may include PAYG withholding etc.)

    #1133540
    lilly
    Member
    • Total posts: 32
    Up
    0
    ::

    Thanks Cindy!

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.