To aid your practice, we are constantly improving and refreshing QuickBooks Online (QBO) and QuickBooks Online Accountant (QBOA) to meet your practice’s and clients’ needs.
If you have clients who are new to QBO, there’s a chance they are seeing a new enhanced experience in their GST Centre. This change is incrementally being rolled out to new users of QBO over the coming months.
This change introduces support for monthly IAS (to ensure monthly PAYGW is calculated correctly) and monthly activity statements.
We have also made significant changes to the overall BAS preparation experience including:
- renaming BAS Suspense to ATO clearing account
- a whole new BAS preparation experience
- creating journal entries as of the end of the statement period
- enhancing journal entries to show the details at an obligation level
Currently you will only see this available for some of your newest clients as part of a pilot program. We are also working towards enabling this for existing users and will update you as we progress.
If you’d like more information about this improvement to QBO or would like your newest clients to be part of the pilot program, please reach out to our Care Team.