Preparing BAS in Xero - Part 2
In today's tutorial I take you through the final steps of preparing BAS in Xero which include:
-Account reconciliation
-Payroll reconciliation
-Housekeeping
-GST Audit report
-Reviewing and finalising BAS for lodgement.
This is the final part of the BAS preparation in Xero series.
Пікірлер: 17
Thank you! Thank you! Thank you! Your video's are so helpful and explained really simply. Perfect.
@TallBooks
2 жыл бұрын
My pleasure, glad you enjoyed!
Really good, thanks for this
Great video. Thank you!
Thanks! You've help me set it up without costing a fortune at the accountant!
Well explained. Thank you so much. It is really helpful.
Really Helpful Video
You are simply superb
Man, I can't thank you enough, you have saved me so much time and money. Keep up the good work.
@TallBooks
3 жыл бұрын
Thanks for the kind words!
NIce video thank you so much
Hi Tall, it was a really helpful video and appreciate it. Is there any way I can lodge BAS from Xero?
@TallBooks
4 жыл бұрын
Hi May, Thanks for the nice feedback, yes you can now do so as a business owner. You will firstly need to choose the option to go to 'Simpler BAS' which is available via the activity statement report up top it appears. Once that's done there an ATO settings/lodgement area, you'll need to call the ATO and provide the details Xero gives you, once this is provided, after finalising the BAS in the activity statement report, you can click a button to lodge with the ATO.
@CM-qn2tr
4 жыл бұрын
Thanks for sharing! Really helpful...
uhm. I heard Payroll is BAS Excluded. May I know why we have to check payroll? I may miss sth here. :))
@TallBooks
3 жыл бұрын
Hi There, yes Payroll is BAS excluded so you're not checking it for GST but you need to confirm the wages and PAYG reported balance with your payroll reports. Under reporting or over reporting Wages and PAYG is an issue.
Disappointed you didn’t mention the gst reconciliation report. Otherwise a very helpful video