GST and BAS topics https://quickbooks.intuit.com/learn-support/gst-and-bas/misc/02/gst-and-bas-au GST and BAS topics Tue, 17 Sep 2019 20:49:54 GMT gst-and-bas-au 2019-09-17T20:49:54Z Unlodging a BAS as an Accountant User https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/unlodging-a-bas-as-an-accountant-user/01/299128#M54 Do you need to reverse or unlodge a BAS in QuickBooks to ensure it reflects what was lodged with the ATO? Accountant Users now have the ability to do this. Note:&nbsp;You are only able to unlodge the most recently recorded period, In the event, you wish to unlodge an earlier period you will first need to lodge the most recent period first. Select&nbsp;GST&nbsp;from the left-hand menu Select the&nbsp;To do Tab&nbsp;(or the&nbsp;History&nbsp;tab if you've already recorded a refund/payment against the most recently lodged BAS). Select the dropdown arrow and choose&nbsp;Unlodge this BAS&nbsp; Select Unlodge Note:&nbsp;If&nbsp;Unlodge this BAS&nbsp;is greyed out it means you are trying to unlodge an earlier period, be sure to unlodge the most recent BAS first (e.g. you would need to lodge your FY19 Q3 BAS before you can unlodge the FY19 Q2 BAS). &nbsp; Thu, 18 Jul 2019 15:31:26 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/unlodging-a-bas-as-an-accountant-user/01/299128#M54 QuickBooksHelp 2019-07-18T15:31:26Z Remove a GST rate https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/remove-a-gst-rate/01/263284#M53 Learn how to make a GST rate inactive. QuickBooks Online allows you to remove a GST rate if you no longer use it. Note that removing a tax rate won't delete it completely to make sure your reports remain accurate. We’ll show you how to do it. &nbsp;Remove a tax rate Note:&nbsp;You can't deactivate default tax codes. You can only remove tax codes that you created. From the left menu, select GST. Select Edit GST, then choose Edit Rates. Pick the tax rate you want to remove, then select Make Inactive. Select Yes. To reactivate the tax code at any time, select the gear icon above the Action tab and then mark Include Inactive to show all deactivated tax codes. Pick the tax code you want to reactivate, then select Make Active. Thu, 18 Jul 2019 16:20:13 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/remove-a-gst-rate/01/263284#M53 QuickBooksHelp 2019-07-18T16:20:13Z LodgeiT Overview https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodgeit-overview/01/267190#M52 Learn about LodgeiT and how it can help you. What is LodgeiT? LodgeiT is an online tax preparation and lodgement platform that enables Tax and BAS Agents to lodge returns directly with the Australian Taxation Office. What features does LodgeiT have? LodgeiT enables you to prepare and lodge&nbsp;business activity statements, individual, company, partnership, and SMSF returns.&nbsp;&nbsp;It also includes a range of in-built automation calculators and working papers including depreciation and pool calculators, hire purchase calculators, loan calculators, rental property calculators, borrowing expense calculators and more. For more info, check out <A href="http://www.lodgeit.net.au/for-accountants/" target="_blank">http://www.lodgeit.net.au/for-accountants/</A> What return types can LodgeiT prepare and lodge? Individual Tax Returns Company tax return Partnership tax return Self managed superannuation fund (SMSF) tax return Trust tax return Activity Statements Consolidated groups notification of formation and member entrance/exit Family trust election, revocation, or variation FBT Return Interposed entity election or revocation PAYG withholding payment summary Tax file number declaration Taxable payments annual report (TPAR) What capabilities does the LodgeiT integration provide? The main benefit of the LodgeiT integration is automatically populating forms based on Qu... Thu, 18 Jul 2019 13:55:44 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodgeit-overview/01/267190#M52 QuickBooksHelp 2019-07-18T13:55:44Z Getting started with LodgeiT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/getting-started-with-lodgeit/01/271452#M51 Getting started in LodgeiT Once you’ve signed up for LodgeiT and connected it to QuickBooks Online Accountant (QBOA), you’re ready to start preparing your client’s tax lodgements. When the firm and client setup is complete, LodgeiT will prepare the necessary forms ready for you to review.&nbsp;&nbsp;After you've reviewed the data you&nbsp;can use the Validate function to check for anything missing.&nbsp;&nbsp; Complete the form and select Complete. You can then send out the forms to your client for their digital signatures. After they’ve approved the forms, you can submit them to the ATO directly from within LodgeiT. Complete LodgeiT setup First thing you'll need to do is complete the setup for your Firm. The first time use experience from Export to LodgeiT covers things like the organisation’s phone and address, but there are additional settings that need to be configured before you can complete and lodge tax forms. You don’t need to start here in order to see all the value of LodgeiT, so feel free to give it a spin before you complete this information. &nbsp;LodgeiT allows you to update these details at any time and does a great job of checking for the&nbsp;information you are missing before continuing through a crucial step. &nbsp;For example, you can choose a form before importing financials, but LodgeiT will pr... Thu, 18 Jul 2019 13:54:48 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/getting-started-with-lodgeit/01/271452#M51 QuickBooksHelp 2019-07-18T13:54:48Z Reclassify GST Codes (Now available in QuickBooks Labs) https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reclassify-gst-codes-now-available-in-quickbooks-labs/01/262714#M50 Do you have multiple transactions that you need to change the GST code for? The new Reclassify Transactions feature now available in QuickBooks Labs enables you to bulk reassign GST codes for historical transactions. In Addition you can reclassify the Account or Class of a transaction. Turning on the new Reclassify Transactions in QuickBooks Labs. Click the Gear Icon and select&nbsp;QuickBooks Labs Turn on&nbsp;New Bulk Reclassify tool&nbsp;and then click&nbsp;Done&nbsp; Watch the video below to learn more about this feature Reclassifying GST Codes Click the briefcase and select Reclassify Transactions Apply the relevant Filters and then click&nbsp;Find transactions&nbsp; Tick the transactions you wish to change then click&nbsp;Reclassify Select the relevant&nbsp;GST code under&nbsp;Change GST to&nbsp;then click&nbsp;Apply&nbsp; Notes: You can only change to one GST code at a time You may only apply changes to one page of transactions at a time. You can increase (or decrease) the amount of transactions per page (50, 150, 300) by clicking the Gear Icon&nbsp;and changing the&nbsp;Rows per page Reclassifying Accounts or Classes for Transactions Click the briefcase and select Reclassify Transactions Apply the relevant Filters and then click&nbsp;Find transactions&nbsp; Tick the transactions you wish to change then click&nbsp;Reclassify Select the relevant&nbsp;option&nbsp;under&nbsp;... Thu, 18 Jul 2019 14:45:29 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reclassify-gst-codes-now-available-in-quickbooks-labs/01/262714#M50 QuickBooksHelp 2019-07-18T14:45:29Z Prepare your clients’ accounts with Prep for taxes https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/prepare-your-clients-accounts-with-prep-for-taxes/01/263175#M49 Learn how to use Prep for taxes to review and adjust your client’s QuickBooks Online accounts for tax season. Prep for taxes for QuickBooks Online Accountant lets you review a client’s accounts from a single dashboard. After your review, QuickBooks automatically assigns their accounts to the proper lines on tax forms. You can export the mapped tax forms to QuickBooks Tax powered by LodgeIT and get a headstart on your client’s tax return. Here’s how to use Prep for taxes to get your clients ready for tax season. Step 1: Review your client’s accounts Your client’s annual Balance Sheet and Profit and Loss Reports sit side-by-side for quick comparisons. You’ll also see last year’s totals, account differences, and any adjusting entries you’ve made in Prep for taxes . To dive into a specific account and get a complete list of transactions: Open your client’s QuickBooks Online company. Select the briefcase (Accountant Tools) icon. Then select Prep for taxes. Expand the list of accounts. Select the account total from the column for the current year. Step 2: Make adjusting entries as needed Prep for taxes has everything you’ll need to make adjusting journal entries. Among many uses, you can use them to adjust transaction totals without changing the original record. You can think of the... Mon, 09 Sep 2019 06:36:02 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/prepare-your-clients-accounts-with-prep-for-taxes/01/263175#M49 QuickBooksHelp 2019-09-09T06:36:02Z Will setting up GST apply GST to all my prior transactions https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/will-setting-up-gst-apply-gst-to-all-my-prior-transactions/01/262699#M48 Will setting up GST apply GST to all my prior transactions? Setting up GST in your QuickBooks Self Employed file will NOT apply GST to all your prior transactions, GST will only be applied to newly created transactions after setting up GST. Mon, 26 Aug 2019 18:37:43 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/will-setting-up-gst-apply-gst-to-all-my-prior-transactions/01/262699#M48 QuickBooksHelp 2019-08-26T18:37:43Z What do I need to know using Sync with Square and GST? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-do-i-need-to-know-using-sync-with-square-and-gst/01/262707#M47 Note: This topic applies to you if you're using Sync with Square. Learn more about Sync with Square &nbsp; What is the Square Setting labelled Default GST tax name and rate? When transactions are imported from Square, Sync with Square tries to match the Square tax rates from each line of the transaction to a tax code in your QuickBooks online GST Centre. If no match is found (based on the tax rates and their names), then Sync with Square assigns the tax code that you set up for Default GST tax name and rate on the Defaults for Unmatched Items page in your Square settings. This tax is set to the Australian GST tax of 10% by default, unless you set up a different default rate. &nbsp; What is the default GST used for Sync with Square in Australia? By default, in Australia, Sync with Square attempts to use the default tax that is used in the Square invoice. In the event that the tax code can’t be found, that is, in case the tax code in a Square invoice fails to match one in QuickBooks, Sync with Square will use the default tax code that’s set up on the Defaults for Unmatched Items page in your Square settings. This tax is set to the Australian GST tax of 10% by default. &nbsp; When I look at my QuickBooks Online GST Centre, I see Unassigned Tax Agency for Apps. What is this? If you want, you can... Thu, 18 Jul 2019 13:55:09 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-do-i-need-to-know-using-sync-with-square-and-gst/01/262707#M47 QuickBooksHelp 2019-07-18T13:55:09Z How Cash and Accrual accounting affect GST https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-cash-and-accrual-accounting-affect-gst/01/262913#M46 Learn how cash and accrual accounting methods affect GST. The accounting method you use — cash basis vs. accrual basis — can affect the amount of GST you owe. In this article, we'll explain how. Understanding cash vs. accrual When you use the cash basis method, you report your income when you receive it. When you use the accrual basis method, you report your income when you bill it. For example: In August, you send out a $1000 invoice, with a GST rate of 10%, for a grand total of $1100. You receive a $440 payment in August, and the remaining $660 in September. With cash basis, you owe two GST payments, $40 for August and $60 for September, because you received payments in both August and September. With accrual basis, you owe one GST payment of $100 in August, because you invoiced your customer in August. View the difference The GST Centre reflects the accounting basis that was set as the default, but you can change the accounting basis to&nbsp;see&nbsp;the difference in GST owed using cash vs. accrual methods on the GST Liability report. From the left menu, select Reports. Select the GST Liability report from the list. Select the Customise button. Change the&nbsp;Accounting Method. Select&nbsp;Run Report.​ Depending on your location, there may be additional rules that govern when to use cash or ... Thu, 18 Jul 2019 16:20:27 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-cash-and-accrual-accounting-affect-gst/01/262913#M46 QuickBooksHelp 2019-07-18T16:20:27Z Enable BAS E-lodgement for QuickBooks https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/enable-bas-e-lodgement-for-quickbooks/01/262797#M45 Small businesses can now save time by lodging IAS or BAS from QuickBooks directly to the ATO. Connecting QuickBooks Online with the ATO will create a secure channel for sharing information, but the ATO can only access what is lodged with them directly. Benefits of connecting QuickBooks to the ATO for e-lodgement include: Automatically import Income Tax and Fringe Benefit Tax Instalments Lodge IAS and BAS directly from QuickBooks Online Connecting to the ATO can be done by calling the ATO directly, or through the ATO Access Manager. To authorise via phone, all you need is your tax file number and software ID which can be found inside QuickBooks Online. To authorise via ATO Access Manager, you will need an AUSkey* or myGOV Account. *An AUSkey is a secure login that identifies you when you use participating government online services on behalf of a business. For more information please visit the ATO website. Users on our updated GST centre and that are eligible to lodge electronically will see a green Connect to the ATO button in the upper right hand corner of the GST centre in QuickBooks, which will provide instructions on how to authorise QuickBooks to lodge your BAS with the ATO. Connecting QuickBooks Online with the ATO via phone Spending time with customers, we've found call... Thu, 18 Jul 2019 14:45:55 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/enable-bas-e-lodgement-for-quickbooks/01/262797#M45 QuickBooksHelp 2019-07-18T14:45:55Z Fringe Benefit Tax (FBT) on BAS and IAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fringe-benefit-tax-fbt-on-bas-and-ias/01/262744#M44 In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Fringe Benefits Tax? Fringe benefits tax (FBT) is a tax employers pay on certain benefits they provide to their employees – including their employees’ family or other associates. Some businesses are required to make FBT payments to the ATO (monthly or quarterly), and that amount is normally fixed, but can vary in certain circumstances. Fringe benefits tax amounts are not calculated by QuickBooks, only reported on the business or instalment activity statement. For more information about whether FBT applies for your business and how to report FT instalment variances, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/" target="_blank">https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/</A> <A href="https://www.ato.gov.au/business/business-activity-statements-(bas)/fringe-benefits-tax-(fbt)-instalment/" target="_blank">https://www.ato.gov.au/business/business-activity-statements-(bas)/fringe-benefits-tax-(fbt)-instalment/</A> FBT in Classic GST Centre When FBT is enabled in GST Settings, your BAS form will include a Fringe benefits tax (FBT) Instalment section, an FBT instalment line under Amount... Thu, 18 Jul 2019 13:54:38 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fringe-benefit-tax-fbt-on-bas-and-ias/01/262744#M44 QuickBooksHelp 2019-07-18T13:54:38Z Luxury Car Tax (LCT) and BAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/luxury-car-tax-lct-and-bas/01/262783#M43 In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Luxury Car Tax (LCT)? Luxury Car Tax (LCT) is a tax on cars with a GST-inclusive value above the LCT threshold at a rate of 33%. LCT is paid by businesses that sell or import luxury cars (dealers), and also by individuals who import luxury cars. LCT is paid based on the same period required for GST reporting, which in QuickBooks is usually the Business Activity Statement (BAS). Luxury Car Tax is not determined by QuickBooks, so reportable amounts have to be determined manually or another fashion. For more information about Luxury Car Tax, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/Business/Luxury-car-tax/​" target="_blank">https://www.ato.gov.au/Business/Luxury-car-tax/​</A> <A href="https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Instructions/LCT---how-to-complete-your-activity-statement-labels/" target="_blank">https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Instructions/LCT---how-to-complete-your-activity-statement-labels/</A> LCT in Classic GST Centre When FBT is enabled in GST Settings, your BAS form will include a Luxury Car Tax line under Amounts you owe the tax office, and a Luxury Car Tax... Thu, 18 Jul 2019 14:45:34 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/luxury-car-tax-lct-and-bas/01/262783#M43 QuickBooksHelp 2019-07-18T14:45:34Z What is Simpler GST? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-gst/01/262820#M42 Simpler BAS will make it easier for businesses to do their bookkeeping to classify and code GST transactions. To help you gain the most benefit from simpler BAS, QuickBooks Online is introducing simplified GST classification. This simplified method allows you to code your GST transactions as: GST GST Free Out of Scope You’re no longer required to code your GST transactions against the detailed list of GST codes that included: Export Sales Input Tax GST on capital purchases GST on non-capital purchases GST Free capital purchases GST Free non-capital purchases This change will reduce the complexity to run your business day-to-day and still enable you to be compliant with BAS reporting requirements. I’m only seeing GST, GST Free and Out of Scope tax codes when I try to create a sales or a purchase transaction.&nbsp;Does this mean I’m already on simpler GST? Yes, this means you’re already on simpler GST. You don’t need to do anything. After we introduced simpler GST,&nbsp;any new customer creating a file in QuickBooks Online would be set to simpler GST by default. Thu, 18 Jul 2019 14:43:29 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-gst/01/262820#M42 QuickBooksHelp 2019-07-18T14:43:29Z BAS Detail Report https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/bas-detail-report/01/262815#M41 What transactions make up the BAS amounts? This report lists the transactions that are included in each box on the BAS. The report is based on accrual accounting unless you changed your GST reporting preference to cash basis. If you created the report from a menu or the Reports page, the report may show transactions for today's date only. You can choose the start and end dates of the transactions listed by adjusting the dates in the From and To fields at the top of the report. What if I have a bolded amount in the balance column on this report? If you have an amount other than 0.00 that is in bold in your GST Detail report, a transaction was made or changed that affected GST but it was backdated to an earlier GST reporting period. You can modify the dates for this report in order to show the transactions affecting GST liability. If you created the report from a menu or the Reports page, the report may show transactions for today's date only. You can choose the start and end dates of the transactions listed by adjusting the dates in the From and To fields at the top of the report. Thu, 18 Jul 2019 14:45:50 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/bas-detail-report/01/262815#M41 QuickBooksHelp 2019-07-18T14:45:50Z Switch to Simpler GST https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-simpler-gst/01/262816#M40 If I’m an existing customer, how can I switch to simple GST? You can switch to Simpler GST through the QuickBooks Online GST centre settings page. Note: We're rolling this feature out to users from August 2017, if you don't see this option and wish to switch to simple GST please reach out to our customer care team. From the left menu, select GST. Click on Edit GST on the right-hand&nbsp;corner. Choose Edit settings. Select Simpler under GST codes option. Once you switch, you’ll see only the simplified GST codes while creating transactions. Note: QuickBooks Online is not a tax or BAS agent. If you’re relying on advice from a BAS or tax agent,&nbsp;it’s recommended that you consult with them before you switch. What will happen to my default GST settings once I switch? You or your tax/BAS agent may need to set up default GST codes on Chart of Accounts, products and services, bank rules and recurring transactions. We will map any default GST codes on Chart of Accounts, products and services, and bank rules to the simplified GST codes. However, you’ll need to map the GST codes on recurring transactions, if any, to the new codes. What will happen to my existing transactions if I switch to simple GST? There will be no impact on your existing transactions when you switch to simple GST. You can ... Thu, 18 Jul 2019 14:43:54 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-simpler-gst/01/262816#M40 QuickBooksHelp 2019-07-18T14:43:54Z Setting up Fuel Tax Credit https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/setting-up-fuel-tax-credit/01/262812#M39 To turn on Fuel Tax Credits follow these steps below: 1. Select sales tax on the left hand navigation bar. 2. Select Edit sales tax on the top right hand corner. 3. Select Edit Settings. 4. Tick the box next to Fuel Tax Credit. 5. Click Save. To view information in regards to Fringe Benefit Tax follow this link below: <A href="https://www.ato.gov.au/business/fuel-schemes/fuel-tax-credits---business/&nbsp;" target="_blank">https://www.ato.gov.au/business/fuel-schemes/fuel-tax-credits---business/&nbsp;</A> Thu, 18 Jul 2019 14:43:08 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/setting-up-fuel-tax-credit/01/262812#M39 QuickBooksHelp 2019-07-18T14:43:08Z Record a deferred GST liability https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-a-deferred-gst-liability/01/262809#M38 Below is the process for recording a Deferred GST Liability for your internationally imported goods. Step 1 - Setup an account to record the deferred GST liability Click the Gear Icon and select Chart of Accounts. Click New. In Category Type, select Credit Card. Give the account an appropriate name, such as Deferred GST Import Liability. Click Save and Close. Step 2 - Record the overseas purchase Enter the details of your overseas purchase. Use the tax code Out of Scope to ensure that GST is not payable to the supplier. This transaction can be entered in foreign-currency for those using the multi-currency function (Available in QuickBooks Online Essentials and Plus) This task records the inventory but not the GST on landed cost. Step 3 - Record the deferred GST liability Click on the +&nbsp;symbol and select Expense. Select the Deferred GST Liability account in the Pay From Account field. Select Exclusive of Tax in the Amounts are field. &nbsp;In the first allocation line, select an allocation account (the Deferred Tax Liability Account) and enter the tax-exclusive cost amount. Ensure you use the tax code:&nbsp;GST on non-capital. In the second allocation line, select the same allocation account as above, enter the tax-inclusive cost amount as a negative. Ensure you use the tax code Out of S... Thu, 18 Jul 2019 14:44:03 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-a-deferred-gst-liability/01/262809#M38 QuickBooksHelp 2019-07-18T14:44:03Z GST Chart of Accounts and Lodgement Journal Overview (Australia only) https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-chart-of-accounts-and-lodgement-journal-overview-australia/01/262791#M37 In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see&nbsp;View reports, you are in the classic experience or if you can see&nbsp;Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. Classic Tax Centre Chart of Accounts Overview Upon setup of the current tax centre, there are two system generated accounts created: BAS Liabilities Payable BAS Suspense The BAS Liabilities Payable account is where the GST Collected and GST Paid amounts are posted when transactions include&nbsp;GST. The BAS Suspense account is like a clearing account; once you lodge your BAS in QuickBooks Online, the amount payable or refundable will be posted to this account. These two accounts can be renamed if you prefer. From your&nbsp;Chart of Accounts.&nbsp;&nbsp; If KeyPay is enabled in QuickBooks Online, a 3rd account related to BAS will be created during Payroll Setup called PAYGW liabilities payable, but in the current experience that is triggered when you turn on KeyPay, not by GST setup. Lodgement Journal Details If FTC is enabled, a Fuel Tax Credit Income account is created, which a CR is posted to when BAS is lodged. Upon lodgement, a three-line journal entry will move&nbsp;what you owe... Thu, 18 Jul 2019 15:30:54 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-chart-of-accounts-and-lodgement-journal-overview-australia/01/262791#M37 QuickBooksHelp 2019-07-18T15:30:54Z What happens after you enter a GST adjustment? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-you-enter-a-gst-adjustment/01/262900#M36 When you enter a GST adjustment, QuickBooks Online automatically adds a general journal entry to show the adjustment. The next time you lodge your GST, the adjustment is included in the Lodge GST window. QuickBooks Online includes the adjustment on the GST line that you chose in the GST Adjustment window. The adjustment is shown as a general journal entry in the related section of the GST Detail report. When you enter a tax adjustment, QuickBooks automatically adds a general journal entry to show the adjustment. Tue, 06 Aug 2019 02:52:27 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-you-enter-a-gst-adjustment/01/262900#M36 QuickBooksHelp 2019-08-06T02:52:27Z GST Settings Overview https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-settings-overview/01/262747#M35 Note: In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in ​ Classic GST Centre Settings Overview GST centre settings are accessible in the current experience by clicking Edit GST&nbsp;or Add Tax in the upper right hand corner from within the GST centre dashboard. Edit GST menu settings Start of current GST period:&nbsp;is selected prior to lodging the first BAS in QuickBooks and should be the first period lodged in QBO or first period liable for GST. Lodging frequency:&nbsp;determines the period for which all future BAS lodgements will be (e.g. Quarterly). GST method:&nbsp;determines if GST should be calculated on Cash or Accrual basis. Switching can have consequences. GST codes:&nbsp;determines the GST bookkeeping method (gst codes) used in QuickBooks and can be Simpler or Detailed. Switching can have consequences. Australia Australian Business Number (ABN):Displays in BAS reporting and on Sales forms where GST is charged/collected. PAYG Instalment method:&nbsp;Used for enabling Income Tax instalment to be included and reported on the BAS ... Thu, 18 Jul 2019 13:53:48 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-settings-overview/01/262747#M35 QuickBooksHelp 2019-07-18T13:53:48Z About your GST agency https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/about-your-gst-agency/01/262800#M34 A GST agency is the government organisation that collects taxes and controls tax laws for an area. Your default GST agency is determined by the location of your business and the type of GST you collect. You can set up additional agencies on the GST page if necessary (for example, if your industry requires you to collect special taxes or levies). Thu, 18 Jul 2019 14:42:37 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/about-your-gst-agency/01/262800#M34 QuickBooksHelp 2019-07-18T14:42:37Z Simpler GST FAQ https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/simpler-gst-faq/01/262675#M33 What is simpler BAS? The Australian Taxation Office (ATO) has listened to the concerns of small businesses, tax professionals, industry associations and software providers, and is working towards reducing GST compliance costs for small businesses. The ATO is reducing the amount of GST information required for the Business Activity Statement (BAS) to simplify GST bookkeeping and reporting requirements. What stays on the simpler BAS? From July 1st 2017 you’ll only need to report: Total sales GST on sales GST on purchases What is removed from BAS? From July 1st 2017 you’ll no longer need to report: Export sales GST-free sales Capital purchases Non-capital purchases Does this apply to my business? If your business is registered for GST, and you have an annual GST turnover of less than $10 million, you’re eligible for simpler BAS. Do I still need to keep records? Yes. You need to keep records, such as invoices, as proof of any claims you make in your BAS lodgements. How often do I need to report GST? However frequently you report now (e.g. monthly, quarterly or yearly) is how you’ll continue to report after July 1st 2017. What is simpler GST? Simpler BAS will make it easier for businesses to do their bookkeeping to classify and code GST transactions. To help you gain the most benef... Mon, 22 Jul 2019 18:23:15 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/simpler-gst-faq/01/262675#M33 QuickBooksHelp 2019-07-22T18:23:15Z How do I send a BAS Summary Report to an Accountant/Bookkeeper https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-send-a-bas-summary-report-to-an-accountant-bookkeeper/01/262723#M32 What is a BAS Summary Report? This report shows you the summary information for each box of the BAS. This will help you as you lodge your return in QuickBooks Online and then complete and submit your return to the Australian Tax Office (ATO). The report is based on accrual accounting unless you changed your GST reporting setting (in Company Settings) to cash basis. The amounts on this report are calculated from your QuickBooks Online start date until the To date at the top of the report. That way, any transactions you enter but backdate to a previous GST period are accounted for properly in your BAS. Any changes in GST liability caused by changing a previously lodged transaction are also accounted for in this report. You can modify the dates for this report in order to show your GST liability as of an earlier date, or to see total sales and purchases for a different date range. How do I send a BAS Summary Report to an Accountant or Bookkeeper? To send your BAS Summary Report to an Accountant or Bookkeeper follow these steps below; Open your QuickBooks Self Employed App Select Taxes in the bottom menu Select Tax Summary Report at the top of the screen Select your Tax Time Frame (financial year) you need to send Enter your accountant/bookkeepers email address Select&nbsp;Send Your BA... Wed, 21 Aug 2019 23:28:07 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-send-a-bas-summary-report-to-an-accountant-bookkeeper/01/262723#M32 QuickBooksHelp 2019-08-21T23:28:07Z Reporting PAYG Instalments on BAS and IAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-instalments-on-bas-and-ias/01/262640#M31 Learn how to report Pay-As-You-Go (PAYG) Instalments on Business Activity Statements (BAS) and Instalment Activity Statements (IAS) in QuickBooks Online. Note: In March 2018, QuickBooks started rolling out a new GST experience. This happened gradually over a period of time. If you see View reports menu when you’re on the GST centre main page, you’re in Classic Experience. If you see Run Reports menu, then you’re on the New Experience. What are PAYG Instalments? Pay as you go (PAYG) Instalments is a system for making regular payments towards your expected annual income tax liability.PAYG instalments are typically reported and paid to the ATO on a quarterly (BAS) or monthly (IAS) basis, the frequency of which is determined by the ATO based on your annual business income. The ATO will let you know if you need to start paying by instalments under the PAYG instalment system, and before your PAYG instalments are due, they will send an activity statement or instalment notice, depending on your circumstances. PAYG Instalments are not calculated by QuickBooks, only reported on the business or instalment activity statement. For more information about PAYG instalments, please consult a tax advisor and/or explore the ATO website links below: PAYG instalments Calculating the amount you pay... Thu, 18 Jul 2019 15:31:37 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-instalments-on-bas-and-ias/01/262640#M31 QuickBooksHelp 2019-07-18T15:31:37Z GST Central https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-central/01/263102#M30 QuickBooks helps small businesses save time and money when GST and other tax obligations are due. This article links to instructional content for GST, PAYGW, PAYGI, Other tax and e-lodgement capabilities within the GST centre of QuickBooks. For quick answers around our GST centre updates&nbsp;currently rolling out visit&nbsp;GST Centre Update FAQs To learn more about the GST centre in QuickBooks: GST Dashboard Overview GST Settings Overview GST Chart of Accounts and Lodgement Journal Overview Enable BAS E-lodgement for QuickBooks To learn more about the BAS filing flow in QuickBooks: Lodging BAS and IAS Reporting PAYG Withholding on BAS and IAS Reporting PAYG Instalments on BAS and IAS E-Lodge BAS and IAS with the ATO&nbsp;(Coming Soon!) To learn more about reporting&nbsp;Other taxes specifically: Fringe Benefit Tax (FBT) on BAS and IAS Fuel Tax Credit (FTC) and BAS Wine Equalisation Tax (WET) and BAS Luxury Car Tax (LCT) and BAS To learn more about Simpler BAS and Simpler GST visit&nbsp;Simpler GST FAQ Understanding GST can be complicated for new business owners, so ultimately refer to ATO guidelines, and consult with your BAS or tax professional for advice and recommendations. If you are not working with a bookkeeper or accountant, you can easily find a local QuickBooks certified expert via our Find... Thu, 18 Jul 2019 13:56:27 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-central/01/263102#M30 QuickBooksHelp 2019-07-18T13:56:27Z Manage a tax rate change https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/manage-a-tax-rate-change/01/263225#M29 Learn how to handle changing tax rates. Tax rate changes Whenever a tax rate changes, you'll need to update your items and existing transactions to use the new rate. However, if you use preconfigured rates or you're a new user setting up a tax rate for the first time, the new rate will be added to your list of taxes automatically. The following list of scenarios will help you determine where you need to update your rate. Situations affected by tax rate changes Current products and services list Manually adjust the rate for each item to the new value. Recurring transactions that use the old tax rate Manually adjust those transactions to use the new rate. Invoices created before the tax change date but future-dated If the product or service will not be provided until after the date of the tax change, you'll need to manually adjust the rate on the invoice to reflect the new rate. Invoices created on or after the tax change date but back-dated If you provided goods or services before the date of the tax change, but didn't issue the invoice at the time of the sale, you'll need to&nbsp;adjust the rate on the invoice to the new rate. Outstanding purchase orders created before the tax change date with a corresponding bill created after that date Manually adjust the rate for those transacti... Thu, 18 Jul 2019 15:33:31 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/manage-a-tax-rate-change/01/263225#M29 QuickBooksHelp 2019-07-18T15:33:31Z What happens after a GST PAYG payment is entered? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-a-gst-payg-payment-is-entered/01/262724#M28 Are you wondering what happens after you enter a Goods and Services Tax (GST) Pay as You Go (PAYG) payment? When you enter a GST PAYG payment, QuickBooks automatically adds a general journal entry in the related section of the GST Detail report to show the payment. The next time you lodge your GST, the PAYG payment is included in the Lodge GST window. QuickBooks includes the PAYG payment on the GST line that you chose in the GST Adjustment window. Thu, 18 Jul 2019 15:31:16 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-a-gst-payg-payment-is-entered/01/262724#M28 QuickBooksHelp 2019-07-18T15:31:16Z What is Simpler BAS? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-bas/01/262716#M27 What is Simpler BAS?&nbsp; The Australian Taxation Office (ATO) has listened to the concerns of small businesses, tax professionals, industry associations and software providers, and is working towards reducing GST compliance costs for small businesses. The ATO is reducing the amount of GST information required for the Business Activity Statement (BAS) to simplify GST bookkeeping and reporting requirements. What stays on the simpler BAS? From July 1 2017 you’ll only need to report: Total sales GST on sales GST on purchases What is removed from BAS? From July 1 2017 you’ll no longer need to report: Export sales GST-free sales Capital purchases Non-capital purchases Does this apply to my business? If your business is registered for GST, and you have an annual GST turnover of less than $10 million, you’re eligible for simpler BAS. Do I still need to keep records? Yes. You need to keep records, such as invoices, as proof of any claims you make in your BAS lodgements. How often do I need to report GST? However frequently you report now (e.g. monthly, quarterly or yearly) is how you’ll continue to report after July 1 2017. Thu, 18 Jul 2019 14:44:44 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-bas/01/262716#M27 QuickBooksHelp 2019-07-18T14:44:44Z How to unlodge a BAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-unlodge-a-bas/01/262719#M26 Do you need to correct something for a previously file BAS period to match what you submitted to the ATO? Unlodge BAS Our Customer Service team has the facility to unlodge / undo a lodged BAS in QuickBooks Online, if you require you BAS to be reversed please reach out to our support team: Contact Us Thu, 18 Jul 2019 14:44:29 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-unlodge-a-bas/01/262719#M26 QuickBooksHelp 2019-07-18T14:44:29Z Lodging BAS and IAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-bas-and-ias/01/262741#M25 In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. This article outlines the current and updated GST filing experience for QuickBooks Online Australia. Lodging BAS in the Current GST Centre For more information about how to Lodge BAS in the current tax centre, please refer to Lodging a BAS. Below are also some comprehensive overviews for the current lodgement experience: Lodging BAS Using QuickBooks Online How to lodge your BAS with QuickBooks Online [Video] For more information about how to apply a GST payment, please refer to Recording a GST payment. Lodging Activity Statements in the New GST Centre The updated GST Centre features a completely redesigned lodgement experience where users only review the aspects of the lodgement that apply for the filing period based on the tax settings, and also introduces native support for both Business Activity Statements (BAS) and Instalment Activity Statement (IAS) lodgements. Inputs for the lodgement are saved as you go, saving time if you need to double check a figure... Thu, 18 Jul 2019 13:55:30 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-bas-and-ias/01/262741#M25 QuickBooksHelp 2019-07-18T13:55:30Z Fuel Tax Credit (FTC) and BAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fuel-tax-credit-ftc-and-bas/01/262625#M24 Please Note:&nbsp;In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Fuel Tax Credit (FTC)? Fuel tax credits provide businesses with a credit for the fuel tax (excise or customs duty) that's included in the price of fuel used in: machinery plant equipment heavy vehicles light vehicles travelling off public roads or on private roads. The amount depends on when you acquire the fuel, what fuel you use and the activity you use it in. Fuel tax credits rates also change regularly so it's important to check the rates each time you do your business activity statement (BAS). Unlike the other&nbsp;taxes reported on BAS, Fuel Tax Credits are refundable amounts, and depending on the business may even result in a refund from the ATO for fuel taxes paid. QuickBooks does NOT support FTC calculation natively at this time, and therefore FTC figures have to be calculated manually or via another solution. For more information about Fuel Tax Credits, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/b" target="_blank">https://www.ato.gov.au/b</A>... Thu, 18 Jul 2019 14:45:03 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fuel-tax-credit-ftc-and-bas/01/262625#M24 QuickBooksHelp 2019-07-18T14:45:03Z Where do W1 and W2 amounts come from on the BAS report? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/where-do-w1-and-w2-amounts-come-from-on-the-bas-report/01/262611#M23 If you do not use KeyPay to process&nbsp;your&nbsp;payroll,&nbsp;you can&nbsp;input&nbsp;your W1 and W2 amounts directly in the BAS report screen within Quickbooks. If you&nbsp;process pay runs through KeyPay, W1 and W2 line amounts in the BAS report are determined from the journal entries created automatically in&nbsp;QuickBooks from KeyPay. If you look at a journal entry posted from KeyPay, you will notice that certain lines of the journal entry will have a GST code applied: BAS-W1 (Purchases) and BAS-W2 (Purchases). These tags are used by QuickBooks (along with the date of the journal entry) to determine the W1 and W2 line amounts that show on the BAS report. These Tax rates are created automatically the first time a payrun is created in KeyPay and pushed to QuickBooks. W1 line amounts are typically applied against the full wage expense incurred by the pay run, and will have a GST code of BAS-W1 (Purchases). W2 line amounts are typically applied against a PAYG Withholdings Payable account for the amount of PAYG withholdings made by the payer that then needs to be paid out to the ATO later, and will have a GST code of BAS-W2 (Purchases). If the amounts on your report are different than what you expect, the first thing to check would be that all of the pay run journals to make sure that the dates and amounts a... Thu, 18 Jul 2019 14:42:48 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/where-do-w1-and-w2-amounts-come-from-on-the-bas-report/01/262611#M23 QuickBooksHelp 2019-07-18T14:42:48Z Reporting PAYG Withholding on BAS and IAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-withholding-on-bas-and-ias/01/263068#M22 Please Note:&nbsp;In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu&nbsp;when you are on the GST centre main page, you are in the&nbsp;classic&nbsp;experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the&nbsp;new&nbsp;experience. What is PAYGW (Pay-as-you-go-withholding) As an employer, small business owners have a role to play in helping your payees meet their end-of-year tax liabilities. They do this by collecting pay as you go (PAYG) withholding amounts from payments they make to: your employees other workers, such as contractors, that you have voluntary agreements with businesses that don't quote their Australian business number (ABN). PAYG withholding for employees is at the national level, and&nbsp;is different than&nbsp;payroll tax, which is a state levied tax. PAYG is normally reported and paid to the ATO on a quarterly (BAS) or monthly (IAS) basis, the frequency of which is determined by the amount of wages paid to your employees annually. For more information about PAYG withholding tax obligations, please consult a payroll tax professional and/or explore the ATO website links below: <A href="https://www.ato.gov.au/Business/PAYG-withholding/" target="_blank">https://www.ato.gov.au/Business/PAYG-withholding/</A> <A href="https://www.ato.gov.au/business/payg-withholding/paying-and-re" target="_blank">https://www.ato.gov.au/business/payg-withholding/paying-and-re</A>... Thu, 18 Jul 2019 13:56:40 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-withholding-on-bas-and-ias/01/263068#M22 QuickBooksHelp 2019-07-18T13:56:40Z How do I turn off GST https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-turn-off-gst/01/263106#M21 Once GST is turned on it cannot be turned off, however if you recently set your QuickBooks Online file you can reset your file and start again (provided it us under 90 days old). If your file is older than 90 days or you do not wish to reset your file you can change your default tax rate to Out of Scope and your transactions will be be posted to GST.&nbsp; For assistance on changing your default tax rate, see How to I set up a default tax rate for transactions (Inclusive / Exclusive of GST)?&nbsp; Thu, 18 Jul 2019 13:56:56 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-turn-off-gst/01/263106#M21 QuickBooksHelp 2019-07-18T13:56:56Z Troubleshooting: We're sorry we can't delete filed tax right now. Please try again later. https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/troubleshooting-we-re-sorry-we-can-t-delete-filed-tax-right-now/01/262644#M20 &nbsp;“An error occurred while deleting the transaction: We're sorry, we can't delete filed tax right now. Please try again later.” This error occurs when you are trying to delete a GST payment or GST refund but either the books are closed&nbsp;for the period the transaction is dated, or the GST payment/refund has been matched to a banking transaction. To fix, follow these steps: Select the&nbsp;Gear&nbsp;Icon. Choose Accounts and Settings. Select&nbsp;Advanced. Choose Accounting. Uncheck&nbsp;the box&nbsp;Close the books. Select&nbsp;Save, then&nbsp;Done. If the transaction was not matched to a banking download, Delete the tax payment. If the transaction was matched to a transaction from your bank feed follow the instructions below to unmatch the transaction:&nbsp; Select Banking. Choose the bank account that was used to pay for the GST payment. Select the In QuickBooks&nbsp;tab, then find the transaction with the correct&nbsp;date and amount for the payment. Choose Undo. Attempt to delete the GST payment again. If the issue persists, please contact support:&nbsp;<A href="https://help.quickbooks.intuit.com/en_AU/contact" target="_blank">https://help.quickbooks.intuit.com/en_AU/contact</A> Thu, 18 Jul 2019 21:17:23 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/troubleshooting-we-re-sorry-we-can-t-delete-filed-tax-right-now/01/262644#M20 QuickBooksHelp 2019-07-18T21:17:23Z How to change lodging frequencies in the GST Centre https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-change-lodging-frequencies-in-the-gst-centre/01/262645#M19 Please Note: From March&nbsp;2018 QuickBooks will start rolling out a new GST experience.&nbsp;This will happen gradually over a period of time.&nbsp; While on the GST page if you see View reports, you are in the classic experience, if you can see Run Reports, you are in the new experience. Please follow the relevant steps below based on the GST experience you are in. How to change lodging frequency for GST in the Current&nbsp;Experience: Select GST&nbsp;in the left hand menu Select Edit GST&nbsp; Select Edit Settings Change Frequency here Select Save&nbsp; &nbsp; How to change lodging frequency for GST in the New Experience: Select GST in the left hand menu Click Settings&nbsp;on the top right, then select&nbsp;Tax Settings&nbsp; Edit Lodging Frequencies Click Save to confirm. Thu, 18 Jul 2019 14:42:09 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-change-lodging-frequencies-in-the-gst-centre/01/262645#M19 QuickBooksHelp 2019-07-18T14:42:09Z GST terminology https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-terminology/01/262661#M18 Here are a few words you will use a lot if your company collects GST. Word How it relates to GST setup GST agency The government agency that sets the requirements for GST collection and payment, such as ATO. GST code The identifier that you use on forms to charge GST. The GST code is associated with a rate. GST rate The rate is used to calculate the appropriate GST for each transaction. Each GST rate links to a specific box of the BAS. There can be separate rates for things you sell and things you buy. To see all of your GST rates, go to the GST page, then select&nbsp;Rates &amp; settings. Thu, 18 Jul 2019 14:43:11 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-terminology/01/262661#M18 QuickBooksHelp 2019-07-18T14:43:11Z Record PAYG payment or IAS Witholding for Quarterly BAS [Video] https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-payg-payment-or-ias-witholding-for-quarterly-bas-video/01/262634#M17 Please Note: In March 2018 QuickBooks will start rolling out a new GST experience.&nbsp;This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. To record a PAYG Payment follow these steps below: &nbsp;Select GST in the left-hand menu &nbsp;Select the Payments tab &nbsp;Select Record PAYG Payment on the right-hand side &nbsp;Fill out required details Click Save&nbsp; Your payment has now been recorded for this particular month. Record PAYG and PAYGI Payments in the New Experience: Select GST on the left hand menu Under To lodge, select Prepare IAS&nbsp; If required, enter in other PAYG withholdings Click Next&nbsp; Enter the PAYGI amount If required, add adjustments Select Next&nbsp; If Summary is correct, Click Mark as Lodged Your payments have now been recorded for this period. Don’t forget to file your BAS directly with ATO! Thu, 18 Jul 2019 14:43:42 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-payg-payment-or-ias-witholding-for-quarterly-bas-video/01/262634#M17 QuickBooksHelp 2019-07-18T14:43:42Z How to setup GST [VIDEO] https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-video/01/262636#M16 Below is a video on how to setup GST How to setup GST Thu, 18 Jul 2019 14:44:30 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-video/01/262636#M16 QuickBooksHelp 2019-07-18T14:44:30Z How to find the BAS Amendment (GST Exception) Report https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-find-the-bas-amendment-gst-exception-report/01/262641#M15 A GST Exception report is available in QuickBooks Online, however we refer to it as the BAS Amendment Report Please Note: In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. To find the BAS Amendment &nbsp;(GST Exception Report) Click Reports Click All Reports Click Manage Taxes. Click BAS&nbsp;Amendment Report Click Run Report To Find the BAS&nbsp;Amendment Report in the New Experience: Select GST on the left hand menu Select Run Reports in the top right corner Select GST Amendments Thu, 18 Jul 2019 14:43:49 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-find-the-bas-amendment-gst-exception-report/01/262641#M15 QuickBooksHelp 2019-07-18T14:43:49Z GST Centre Update FAQs https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-centre-update-faqs/01/262603#M14 Keeping track of GST and other obligations to lodge your Business Activity Statement (BAS) or Installment Activity Statement (IAS) on time is an important part of operating a business in Australia. When cash flow is tight, no one wants to pay Failure to Lodge (FTL) penalties in addition to other expenses. To make this process easier we have redesigned the GST centre in QuickBooks Online to give small businesses complete confidence to remain compliant with their BAS reporting needs. These improvements include: Support for monthly activity statements (Monthly IAS) An all-new easy to use BAS lodgement workflow Enhanced backend bookkeeping changes based on customer feedback This new experience has been available to new customers since February 2018, and are pleased to announce that existing customers will be able to opt-in and update their GST centre over the coming months. We are also pleased to announce that we will also be enabling BAS e-lodgement capabilities in QuickBooks, which will be rolling out gradually over the coming months as well. We anticipate many questions around how the update will work and have created this article to provide those answers. FAQs When can I update? When your QuickBooks file is eligible to update, you will see a green&nbsp;Update&nbsp;Button&nbsp;in the upper ri... Thu, 18 Jul 2019 14:45:53 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-centre-update-faqs/01/262603#M14 QuickBooksHelp 2019-07-18T14:45:53Z How to lodge your BAS with QuickBooks Online [VIDEO] https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-lodge-your-bas-with-quickbooks-online-video/01/262607#M13 Below is a video on how to lodge your BAS with QuickBooks Online How to lodge your BAS with QuickBooks Online&nbsp; Thu, 18 Jul 2019 15:30:59 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-lodge-your-bas-with-quickbooks-online-video/01/262607#M13 QuickBooksHelp 2019-07-18T15:30:59Z Validation Error when marking BAS as Lodged https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/validation-error-when-marking-bas-as-lodged/01/262588#M12 “Validation Failed – One of the list elements assigned to this transaction has been deleted. Before you can modify this transaction, you must restore PAYG Withholdings Payable (deleted). To resolve this error, you’ll need to activate the PAYG Withholdings Payable account. The activate the account: Click Accounting in the left hand navigation bar. &nbsp;Click the Chart of Account tab. Click the Gear Icon above the Action Column then click Include Inactive. Search for PAYG Withholding’s Payable (You will see (deleted) next to one of the accounts) Select Make Active in the “Action” Column -&nbsp;&nbsp; &nbsp;This will save as PAYG Withholding’s Payable-1 (if you have two accounts set up) Note: Moving forward you will need to keep this account active as it is the default account for lodging the BAS. If you have two accounts, you’ll need to merge the two together. To merge the accounts, follow these steps: Scroll to the PAYG Withholding’s Payable-1 account click the drop down arrow in the Action and select Edit. Change the name to the match the other account (Note: Ensure all details are the same for each account. e.g. Category type, Detail Type etc) Click Save and Close &nbsp;A Message will pop up asking if you would like to Merge these accounts. click Yes. You will be able to lodge your BAS and moving fo... Thu, 18 Jul 2019 14:42:18 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/validation-error-when-marking-bas-as-lodged/01/262588#M12 QuickBooksHelp 2019-07-18T14:42:18Z Switch to Detailed GST https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-detailed-gst/01/262610#M11 How do I switch to detailed GST if I don’t want to be in simpler GST? Remember, if you’re eligible for simpler BAS, you’ll be fully compliant if you’re on Simple GST and our testing has proved that small&nbsp;businesses find it much easier to code GST transactions when they use simplified GST codes. However, if you want to switch to detailed GST, you can do so by contacting our Customer care team. Note: QuickBooks Online is not a tax or BAS agent. If you are relying on advice from a BAS or tax agent, it’s recommended that you consult with them before you switch. If you’ve set default GST codes on the Chart of Accounts, products and services, bank rules and recurring transactions,&nbsp;please be aware that you will lose these default settings when you switch and the action cannot be rolled back. You’ll need to visit&nbsp;each of those sections to reset the GST defaults. There will be no impact on existing transactions. What will happen to BAS reports once I switch to detailed GST? BAS detailed report - There will be no change to BAS detailed report. You will continue to see transactions grouped by tax codes in the BAS detailed report. If you have existing transactions that use the detailed GST codes, the BAS details report will continue to report the transactions under the detailed GST codes.... Thu, 18 Jul 2019 14:42:50 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-detailed-gst/01/262610#M11 QuickBooksHelp 2019-07-18T14:42:50Z Wine Equalisation Tax (WET) and BAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/wine-equalisation-tax-wet-and-bas/01/262651#M10 Please Note:&nbsp;In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Wine Equalisation Tax (WET)? If you make wine, import wine into Australia or sell it by wholesale, you'll generally have to account for wine equalisation tax&nbsp;(WET). WET is a tax of 29% of the wholesale value of wine. It is generally only payable if you are registered or required to be registered for GST. It's designed to be paid on the last wholesale sale of wine, which is usually between the wholesaler and retailer. But it may apply in other circumstances – such as cellar door sales or tastings – where there hasn't been a wholesale sale. WET is also payable on imports of wine (whether or not you are registered for GST). QuickBooks does NOT support WET calculation natively at this time, and therefore amounts owed or to be refunded have to be calculated via another method. For more information about Wine Equalisation Tax, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/Business/Wine-equalisation-tax/​" target="_blank">https://www.ato.gov.au/Business/Wine-equalisation-tax/​</A> https:... Thu, 18 Jul 2019 14:42:41 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/wine-equalisation-tax-wet-and-bas/01/262651#M10 QuickBooksHelp 2019-07-18T14:42:41Z 100% GST - Importing goods https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/100-gst-importing-goods/01/262657#M9 When a business imports goods from overseas, often the imported goods are paid for direct to the overseas company and no GST is liable on that payment but the freight company pays the GST when they pay the import taxes and duties. This causes a situation where the business has to record the GST, taxes, and insurance to a different entity than the payment of the goods. Two entries are required. Payment of the Goods to the supplier. Create a supplier payment for the goods without GST. Payment of GST, Taxes, and insurance. Create a supplier payment with the Transactions as follows. Goods GST 1100.00 Goods GST Free -1100.00 Insurance GST Free 10.00 Tax GST Free 10.00 Total 20.00 This causes the total amount on the invoice to equal the GST of the product plus the insurance and taxes. Thu, 18 Jul 2019 14:43:58 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/100-gst-importing-goods/01/262657#M9 QuickBooksHelp 2019-07-18T14:43:58Z Recording a GST refund https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-refund/01/262658#M8 Please Note: In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. The record refund link inside the GST Centre can only be applied to a previously lodged BAS . In order to record that refund/payment against a previous BAS period, you have to first find the previously lodged BAS in the GST Centre&nbsp;and then select the&nbsp;Record Payment&nbsp;option in the&nbsp;Action&nbsp;column. Current GST Centre Go to the&nbsp;GST Centre&nbsp;from the left-hand menu. Click&nbsp;Record Payment&nbsp;in the&nbsp;Action&nbsp;column for the BAS period you wish to record the refund against. Change the radio button option&nbsp;to&nbsp;Refund. Select the date of the refund and the account the refund was deposited to. Input the amount of the payment and any memo for the transaction. Click the&nbsp;Save&nbsp;button. Record a Refund when you don't lodge your BAS through the GST Centre Select Gear Icon in the top right-hand corner. Select Journal Entry. Line 1 &amp; 2 will be your BAS Liabilities Payable account. Debit the amount you Collected on&nbsp;GST. Credit the amount you Paid on GST. Line 3 will be your BAS S... Thu, 18 Jul 2019 14:45:02 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-refund/01/262658#M8 QuickBooksHelp 2019-07-18T14:45:02Z Lodging a BAS https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-a-bas/01/262596#M6 QBO allows the ability to create a Business Activity Statement in order to report to the ATO. Lodging a BAS 1. Click the GST&nbsp;menu&nbsp;from the main navigation menu. 2. In the Action column click Prepare BAS Note: &nbsp;The values in the BAS are determined automatically from the transactions for which GST tax codes were assigned. Any amounts not determined by QBO transactions are directly editable on the BAS form on the far right column in the grey boxes. Adjustments can be made for selected lines where the blue Record links rest on the right. The adjustment account selected will be reduced by the amount recorded in the adjustment and added to the total of the BAS liability owed. 3.&nbsp;Once the information in the BAS report has been verified, click Mark as lodged.&nbsp;QuickBooks will create a journal entry to reflect the amount payable behind the scenes. &nbsp; Lodging a BAS in&nbsp;QuickBooks does not file that BAS with the ATO electronically. You&nbsp;can use the BAS statement&nbsp;to manually file the BAS report and make payments directly. If a payment is made to the ATO, or a refund has later been received, those transactions should be recorded in the GST Centre against that BAS report for reporting. Additional Resources - Step by step guide to completing your BAS -&nbsp;Lodging BAS Using QuickBooks Online How to ... Thu, 18 Jul 2019 14:44:53 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-a-bas/01/262596#M6 QuickBooksHelp 2019-07-18T14:44:53Z How to I set up a default tax rate for transactions (Inclusive / Exclusive of GST)? [Video] https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-i-set-up-a-default-tax-rate-for-transactions-inclusive/01/262580#M5 QuickBooks Online gives you the ability to set a default tax type for your transactions, you can choose between: Exclusive of GST Inclusive of GST Out of scope of GST To change the default type: Click the Gear Icon and select Accounts and Settings. Click Advanced, then Accounting. Click the drop down for&nbsp;Default tax rate selection&nbsp;and make your selection. Click Save, then click Done. Thu, 18 Jul 2019 14:44:54 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-i-set-up-a-default-tax-rate-for-transactions-inclusive/01/262580#M5 QuickBooksHelp 2019-07-18T14:44:54Z GST Dashboard Overview https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-dashboard-overview/01/262576#M4 This article outlines important changes to the GST Centre Dashboard in QuickBooks Online for Australia. Current GST Centre Dashboard Experience The GST Centre Dashboard in QuickBooks Online is the starting off point to help you stay on top of your BAS lodgements. The GST Summary&nbsp;at the top of dashboard displays the current open period running balance, collected sales, purchases paid, and adjustments recorded. The GST Settings&nbsp;menu enables users to view/edit GST settings, and&nbsp;View Reports hosts quick links to all GST related reporting. Under&nbsp;Next BAS to lodge QuickBooks will display the next open lodgement period and status,&nbsp;the&nbsp;Prepare BAS button will initiate the BAS lodgement process. Under&nbsp;Lodged BAS&nbsp;QuickBooks will display all historical lodgements made in QuickBooks Online to date, including BAS Summary and Amendment reports on the far right for each lodgement. Under the&nbsp;Payments tab QuickBooks lists all GST payments recorded against existing lodgements. While this experience caters for most Australian small businesses, we have made some important updates to the GST dashboard that are rolling out right now, and are explained in detail below. &nbsp; Updated GST Centre Dashboard Experience The updated GST Centre dashboard has been updated to simplify the&nbsp;To do tab, list&nbsp;historic... Thu, 18 Jul 2019 14:45:36 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-dashboard-overview/01/262576#M4 QuickBooksHelp 2019-07-18T14:45:36Z Recording a GST payment (BAS Payment) https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-payment-bas-payment/01/262569#M3 On March 2018, QuickBooks rolled out a new GST experience. This change is expected to happen gradually over a period of time. While in the GST Centre and you see View reports, you are in the classic experience. If you see Run Reports, you are on the new experience. Perform the steps according to the GST experience you are in. To record a GST Payment (BAS Payment) in the Classic GST Experience: Select GST in the left hand navigation Menu. In the Action column, select Record Payment for the BAS period you wish to record and payment against. Select Payment. Select the date of the payment and the account the payment was withdrawn from. Enter the amount of the payment and any memo for the transaction. Select Save. Note: You can only record a payment for a previously lodged activity statement. Record a GST Payment (BAS Payment) in the New GST experience: Select GST in the left hand menu. Select Record Payment on the activity statement you want to record a payment against. Enter the Amount. Select the Account the payment was withdrawn from and the Date of the payment. Enter a Memo for the transaction if required. Select Save Note: You can only record a payment for a previously lodged activity statement. How to record a GST Payment when not using the Lodge BAS function in the GST Cent... Thu, 18 Jul 2019 14:43:23 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-payment-bas-payment/01/262569#M3 QuickBooksHelp 2019-07-18T14:43:23Z How to setup GST in QuickBooks Online? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-in-quickbooks-online/01/262574#M2 Please Note: From March 2018, QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time.&nbsp; While in the GST Centre If you can see&nbsp;View reports, you are in the classic experience, if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. Classic&nbsp;GST Centre&nbsp; Click GST in the left hand menu Click&nbsp;Set up GST. &nbsp;Complete the form Enter your ABN &nbsp;The starting month for your current GST Period Your GST method (Cash or Accural) Your GST lodging Frequency Click Set up You Can also turn on other applicable taxes such as PAYG Installment method, Wine Equalisation, Fringe Benefit, Fuel Tax Credits and Luxury Car Tax. How to setup GST in QuickBooks Online New GST experience: Select GST in the left hand menu Select Get Started&nbsp; Select which Taxes you pay and how often Select Show other taxes to add additional taxes Select Save and Finish&nbsp; Select Done Thu, 18 Jul 2019 14:43:52 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-in-quickbooks-online/01/262574#M2 QuickBooksHelp 2019-07-18T14:43:52Z How do I delete a GST Payment? https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-delete-a-gst-payment/01/262564#M1 In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in To delete a previous GST Payment follow the steps below: Note: Before deleting a GST payment make sure it is not matched to a banking transaction if the transaction&nbsp;is matched you will have to un-match&nbsp;it first. Current GST Centre Click GST. Click Payments. Hover over the payment you wish to delete. In the Action column click the drop down arrow and select Delete. Click Yes. New GST experience Select GST on the left hand menu. Select Payments. Find the payment you’re looking for, and click Delete. Select Yes. Thu, 18 Jul 2019 14:42:13 GMT https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-delete-a-gst-payment/01/262564#M1 QuickBooksHelp 2019-07-18T14:42:13Z
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<title>GST and BAS topics</title>
<link>
https://quickbooks.intuit.com/learn-support/gst-and-bas/misc/02/gst-and-bas-au
</link>
<description>GST and BAS topics</description>
<pubDate>Tue, 17 Sep 2019 20:49:54 GMT</pubDate>
<dc:creator>gst-and-bas-au</dc:creator>
<dc:date>2019-09-17T20:49:54Z</dc:date>
<item>
<title>Unlodging a BAS as an Accountant User</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/unlodging-a-bas-as-an-accountant-user/01/299128#M54
</link>
<description>
Do you need to reverse or unlodge a BAS in QuickBooks to ensure it reflects what was lodged with the ATO? Accountant Users now have the ability to do this. Note:&nbsp;You are only able to unlodge the most recently recorded period, In the event, you wish to unlodge an earlier period you will first need to lodge the most recent period first. Select&nbsp;GST&nbsp;from the left-hand menu Select the&nbsp;To do Tab&nbsp;(or the&nbsp;History&nbsp;tab if you've already recorded a refund/payment against the most recently lodged BAS). Select the dropdown arrow and choose&nbsp;Unlodge this BAS&nbsp; Select Unlodge Note:&nbsp;If&nbsp;Unlodge this BAS&nbsp;is greyed out it means you are trying to unlodge an earlier period, be sure to unlodge the most recent BAS first (e.g. you would need to lodge your FY19 Q3 BAS before you can unlodge the FY19 Q2 BAS). &nbsp;
</description>
<pubDate>Thu, 18 Jul 2019 15:31:26 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/unlodging-a-bas-as-an-accountant-user/01/299128#M54
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<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T15:31:26Z</dc:date>
</item>
<item>
<title>Remove a GST rate</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/remove-a-gst-rate/01/263284#M53
</link>
<description>
Learn how to make a GST rate inactive. QuickBooks Online allows you to remove a GST rate if you no longer use it. Note that removing a tax rate won't delete it completely to make sure your reports remain accurate. We’ll show you how to do it. &nbsp;Remove a tax rate Note:&nbsp;You can't deactivate default tax codes. You can only remove tax codes that you created. From the left menu, select GST. Select Edit GST, then choose Edit Rates. Pick the tax rate you want to remove, then select Make Inactive. Select Yes. To reactivate the tax code at any time, select the gear icon above the Action tab and then mark Include Inactive to show all deactivated tax codes. Pick the tax code you want to reactivate, then select Make Active.
</description>
<pubDate>Thu, 18 Jul 2019 16:20:13 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/remove-a-gst-rate/01/263284#M53
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<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T16:20:13Z</dc:date>
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<item>
<title>LodgeiT Overview</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodgeit-overview/01/267190#M52
</link>
<description>
Learn about LodgeiT and how it can help you. What is LodgeiT? LodgeiT is an online tax preparation and lodgement platform that enables Tax and BAS Agents to lodge returns directly with the Australian Taxation Office. What features does LodgeiT have? LodgeiT enables you to prepare and lodge&nbsp;business activity statements, individual, company, partnership, and SMSF returns.&nbsp;&nbsp;It also includes a range of in-built automation calculators and working papers including depreciation and pool calculators, hire purchase calculators, loan calculators, rental property calculators, borrowing expense calculators and more. For more info, check out <A href="http://www.lodgeit.net.au/for-accountants/" target="_blank">http://www.lodgeit.net.au/for-accountants/</A> What return types can LodgeiT prepare and lodge? Individual Tax Returns Company tax return Partnership tax return Self managed superannuation fund (SMSF) tax return Trust tax return Activity Statements Consolidated groups notification of formation and member entrance/exit Family trust election, revocation, or variation FBT Return Interposed entity election or revocation PAYG withholding payment summary Tax file number declaration Taxable payments annual report (TPAR) What capabilities does the LodgeiT integration provide? The main benefit of the LodgeiT integration is automatically populating forms based on Qu...
</description>
<pubDate>Thu, 18 Jul 2019 13:55:44 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodgeit-overview/01/267190#M52
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<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:55:44Z</dc:date>
</item>
<item>
<title>Getting started with LodgeiT</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/getting-started-with-lodgeit/01/271452#M51
</link>
<description>
Getting started in LodgeiT Once you’ve signed up for LodgeiT and connected it to QuickBooks Online Accountant (QBOA), you’re ready to start preparing your client’s tax lodgements. When the firm and client setup is complete, LodgeiT will prepare the necessary forms ready for you to review.&nbsp;&nbsp;After you've reviewed the data you&nbsp;can use the Validate function to check for anything missing.&nbsp;&nbsp; Complete the form and select Complete. You can then send out the forms to your client for their digital signatures. After they’ve approved the forms, you can submit them to the ATO directly from within LodgeiT. Complete LodgeiT setup First thing you'll need to do is complete the setup for your Firm. The first time use experience from Export to LodgeiT covers things like the organisation’s phone and address, but there are additional settings that need to be configured before you can complete and lodge tax forms. You don’t need to start here in order to see all the value of LodgeiT, so feel free to give it a spin before you complete this information. &nbsp;LodgeiT allows you to update these details at any time and does a great job of checking for the&nbsp;information you are missing before continuing through a crucial step. &nbsp;For example, you can choose a form before importing financials, but LodgeiT will pr...
</description>
<pubDate>Thu, 18 Jul 2019 13:54:48 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/getting-started-with-lodgeit/01/271452#M51
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:54:48Z</dc:date>
</item>
<item>
<title>
Reclassify GST Codes (Now available in QuickBooks Labs)
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reclassify-gst-codes-now-available-in-quickbooks-labs/01/262714#M50
</link>
<description>
Do you have multiple transactions that you need to change the GST code for? The new Reclassify Transactions feature now available in QuickBooks Labs enables you to bulk reassign GST codes for historical transactions. In Addition you can reclassify the Account or Class of a transaction. Turning on the new Reclassify Transactions in QuickBooks Labs. Click the Gear Icon and select&nbsp;QuickBooks Labs Turn on&nbsp;New Bulk Reclassify tool&nbsp;and then click&nbsp;Done&nbsp; Watch the video below to learn more about this feature Reclassifying GST Codes Click the briefcase and select Reclassify Transactions Apply the relevant Filters and then click&nbsp;Find transactions&nbsp; Tick the transactions you wish to change then click&nbsp;Reclassify Select the relevant&nbsp;GST code under&nbsp;Change GST to&nbsp;then click&nbsp;Apply&nbsp; Notes: You can only change to one GST code at a time You may only apply changes to one page of transactions at a time. You can increase (or decrease) the amount of transactions per page (50, 150, 300) by clicking the Gear Icon&nbsp;and changing the&nbsp;Rows per page Reclassifying Accounts or Classes for Transactions Click the briefcase and select Reclassify Transactions Apply the relevant Filters and then click&nbsp;Find transactions&nbsp; Tick the transactions you wish to change then click&nbsp;Reclassify Select the relevant&nbsp;option&nbsp;under&nbsp;...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:29 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reclassify-gst-codes-now-available-in-quickbooks-labs/01/262714#M50
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:29Z</dc:date>
</item>
<item>
<title>Prepare your clients’ accounts with Prep for taxes</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/prepare-your-clients-accounts-with-prep-for-taxes/01/263175#M49
</link>
<description>
Learn how to use Prep for taxes to review and adjust your client’s QuickBooks Online accounts for tax season. Prep for taxes for QuickBooks Online Accountant lets you review a client’s accounts from a single dashboard. After your review, QuickBooks automatically assigns their accounts to the proper lines on tax forms. You can export the mapped tax forms to QuickBooks Tax powered by LodgeIT and get a headstart on your client’s tax return. Here’s how to use Prep for taxes to get your clients ready for tax season. Step 1: Review your client’s accounts Your client’s annual Balance Sheet and Profit and Loss Reports sit side-by-side for quick comparisons. You’ll also see last year’s totals, account differences, and any adjusting entries you’ve made in Prep for taxes . To dive into a specific account and get a complete list of transactions: Open your client’s QuickBooks Online company. Select the briefcase (Accountant Tools) icon. Then select Prep for taxes. Expand the list of accounts. Select the account total from the column for the current year. Step 2: Make adjusting entries as needed Prep for taxes has everything you’ll need to make adjusting journal entries. Among many uses, you can use them to adjust transaction totals without changing the original record. You can think of the...
</description>
<pubDate>Mon, 09 Sep 2019 06:36:02 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/prepare-your-clients-accounts-with-prep-for-taxes/01/263175#M49
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-09-09T06:36:02Z</dc:date>
</item>
<item>
<title>
Will setting up GST apply GST to all my prior transactions
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/will-setting-up-gst-apply-gst-to-all-my-prior-transactions/01/262699#M48
</link>
<description>
Will setting up GST apply GST to all my prior transactions? Setting up GST in your QuickBooks Self Employed file will NOT apply GST to all your prior transactions, GST will only be applied to newly created transactions after setting up GST.
</description>
<pubDate>Mon, 26 Aug 2019 18:37:43 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/will-setting-up-gst-apply-gst-to-all-my-prior-transactions/01/262699#M48
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-08-26T18:37:43Z</dc:date>
</item>
<item>
<title>
What do I need to know using Sync with Square and GST?
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-do-i-need-to-know-using-sync-with-square-and-gst/01/262707#M47
</link>
<description>
Note: This topic applies to you if you're using Sync with Square. Learn more about Sync with Square &nbsp; What is the Square Setting labelled Default GST tax name and rate? When transactions are imported from Square, Sync with Square tries to match the Square tax rates from each line of the transaction to a tax code in your QuickBooks online GST Centre. If no match is found (based on the tax rates and their names), then Sync with Square assigns the tax code that you set up for Default GST tax name and rate on the Defaults for Unmatched Items page in your Square settings. This tax is set to the Australian GST tax of 10% by default, unless you set up a different default rate. &nbsp; What is the default GST used for Sync with Square in Australia? By default, in Australia, Sync with Square attempts to use the default tax that is used in the Square invoice. In the event that the tax code can’t be found, that is, in case the tax code in a Square invoice fails to match one in QuickBooks, Sync with Square will use the default tax code that’s set up on the Defaults for Unmatched Items page in your Square settings. This tax is set to the Australian GST tax of 10% by default. &nbsp; When I look at my QuickBooks Online GST Centre, I see Unassigned Tax Agency for Apps. What is this? If you want, you can...
</description>
<pubDate>Thu, 18 Jul 2019 13:55:09 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-do-i-need-to-know-using-sync-with-square-and-gst/01/262707#M47
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:55:09Z</dc:date>
</item>
<item>
<title>How Cash and Accrual accounting affect GST</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-cash-and-accrual-accounting-affect-gst/01/262913#M46
</link>
<description>
Learn how cash and accrual accounting methods affect GST. The accounting method you use — cash basis vs. accrual basis — can affect the amount of GST you owe. In this article, we'll explain how. Understanding cash vs. accrual When you use the cash basis method, you report your income when you receive it. When you use the accrual basis method, you report your income when you bill it. For example: In August, you send out a $1000 invoice, with a GST rate of 10%, for a grand total of $1100. You receive a $440 payment in August, and the remaining $660 in September. With cash basis, you owe two GST payments, $40 for August and $60 for September, because you received payments in both August and September. With accrual basis, you owe one GST payment of $100 in August, because you invoiced your customer in August. View the difference The GST Centre reflects the accounting basis that was set as the default, but you can change the accounting basis to&nbsp;see&nbsp;the difference in GST owed using cash vs. accrual methods on the GST Liability report. From the left menu, select Reports. Select the GST Liability report from the list. Select the Customise button. Change the&nbsp;Accounting Method. Select&nbsp;Run Report.​ Depending on your location, there may be additional rules that govern when to use cash or ...
</description>
<pubDate>Thu, 18 Jul 2019 16:20:27 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-cash-and-accrual-accounting-affect-gst/01/262913#M46
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T16:20:27Z</dc:date>
</item>
<item>
<title>Enable BAS E-lodgement for QuickBooks</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/enable-bas-e-lodgement-for-quickbooks/01/262797#M45
</link>
<description>
Small businesses can now save time by lodging IAS or BAS from QuickBooks directly to the ATO. Connecting QuickBooks Online with the ATO will create a secure channel for sharing information, but the ATO can only access what is lodged with them directly. Benefits of connecting QuickBooks to the ATO for e-lodgement include: Automatically import Income Tax and Fringe Benefit Tax Instalments Lodge IAS and BAS directly from QuickBooks Online Connecting to the ATO can be done by calling the ATO directly, or through the ATO Access Manager. To authorise via phone, all you need is your tax file number and software ID which can be found inside QuickBooks Online. To authorise via ATO Access Manager, you will need an AUSkey* or myGOV Account. *An AUSkey is a secure login that identifies you when you use participating government online services on behalf of a business. For more information please visit the ATO website. Users on our updated GST centre and that are eligible to lodge electronically will see a green Connect to the ATO button in the upper right hand corner of the GST centre in QuickBooks, which will provide instructions on how to authorise QuickBooks to lodge your BAS with the ATO. Connecting QuickBooks Online with the ATO via phone Spending time with customers, we've found call...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:55 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/enable-bas-e-lodgement-for-quickbooks/01/262797#M45
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:55Z</dc:date>
</item>
<item>
<title>Fringe Benefit Tax (FBT) on BAS and IAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fringe-benefit-tax-fbt-on-bas-and-ias/01/262744#M44
</link>
<description>
In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Fringe Benefits Tax? Fringe benefits tax (FBT) is a tax employers pay on certain benefits they provide to their employees – including their employees’ family or other associates. Some businesses are required to make FBT payments to the ATO (monthly or quarterly), and that amount is normally fixed, but can vary in certain circumstances. Fringe benefits tax amounts are not calculated by QuickBooks, only reported on the business or instalment activity statement. For more information about whether FBT applies for your business and how to report FT instalment variances, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/" target="_blank">https://www.ato.gov.au/General/Fringe-benefits-tax-(FBT)/</A> <A href="https://www.ato.gov.au/business/business-activity-statements-(bas)/fringe-benefits-tax-(fbt)-instalment/" target="_blank">https://www.ato.gov.au/business/business-activity-statements-(bas)/fringe-benefits-tax-(fbt)-instalment/</A> FBT in Classic GST Centre When FBT is enabled in GST Settings, your BAS form will include a Fringe benefits tax (FBT) Instalment section, an FBT instalment line under Amount...
</description>
<pubDate>Thu, 18 Jul 2019 13:54:38 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fringe-benefit-tax-fbt-on-bas-and-ias/01/262744#M44
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:54:38Z</dc:date>
</item>
<item>
<title>Luxury Car Tax (LCT) and BAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/luxury-car-tax-lct-and-bas/01/262783#M43
</link>
<description>
In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Luxury Car Tax (LCT)? Luxury Car Tax (LCT) is a tax on cars with a GST-inclusive value above the LCT threshold at a rate of 33%. LCT is paid by businesses that sell or import luxury cars (dealers), and also by individuals who import luxury cars. LCT is paid based on the same period required for GST reporting, which in QuickBooks is usually the Business Activity Statement (BAS). Luxury Car Tax is not determined by QuickBooks, so reportable amounts have to be determined manually or another fashion. For more information about Luxury Car Tax, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/Business/Luxury-car-tax/​" target="_blank">https://www.ato.gov.au/Business/Luxury-car-tax/​</A> <A href="https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Instructions/LCT---how-to-complete-your-activity-statement-labels/" target="_blank">https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Instructions/LCT---how-to-complete-your-activity-statement-labels/</A> LCT in Classic GST Centre When FBT is enabled in GST Settings, your BAS form will include a Luxury Car Tax line under Amounts you owe the tax office, and a Luxury Car Tax...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:34 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/luxury-car-tax-lct-and-bas/01/262783#M43
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:34Z</dc:date>
</item>
<item>
<title>What is Simpler GST?</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-gst/01/262820#M42
</link>
<description>
Simpler BAS will make it easier for businesses to do their bookkeeping to classify and code GST transactions. To help you gain the most benefit from simpler BAS, QuickBooks Online is introducing simplified GST classification. This simplified method allows you to code your GST transactions as: GST GST Free Out of Scope You’re no longer required to code your GST transactions against the detailed list of GST codes that included: Export Sales Input Tax GST on capital purchases GST on non-capital purchases GST Free capital purchases GST Free non-capital purchases This change will reduce the complexity to run your business day-to-day and still enable you to be compliant with BAS reporting requirements. I’m only seeing GST, GST Free and Out of Scope tax codes when I try to create a sales or a purchase transaction.&nbsp;Does this mean I’m already on simpler GST? Yes, this means you’re already on simpler GST. You don’t need to do anything. After we introduced simpler GST,&nbsp;any new customer creating a file in QuickBooks Online would be set to simpler GST by default.
</description>
<pubDate>Thu, 18 Jul 2019 14:43:29 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-gst/01/262820#M42
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:29Z</dc:date>
</item>
<item>
<title>BAS Detail Report</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/bas-detail-report/01/262815#M41
</link>
<description>
What transactions make up the BAS amounts? This report lists the transactions that are included in each box on the BAS. The report is based on accrual accounting unless you changed your GST reporting preference to cash basis. If you created the report from a menu or the Reports page, the report may show transactions for today's date only. You can choose the start and end dates of the transactions listed by adjusting the dates in the From and To fields at the top of the report. What if I have a bolded amount in the balance column on this report? If you have an amount other than 0.00 that is in bold in your GST Detail report, a transaction was made or changed that affected GST but it was backdated to an earlier GST reporting period. You can modify the dates for this report in order to show the transactions affecting GST liability. If you created the report from a menu or the Reports page, the report may show transactions for today's date only. You can choose the start and end dates of the transactions listed by adjusting the dates in the From and To fields at the top of the report.
</description>
<pubDate>Thu, 18 Jul 2019 14:45:50 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/bas-detail-report/01/262815#M41
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:50Z</dc:date>
</item>
<item>
<title>Switch to Simpler GST</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-simpler-gst/01/262816#M40
</link>
<description>
If I’m an existing customer, how can I switch to simple GST? You can switch to Simpler GST through the QuickBooks Online GST centre settings page. Note: We're rolling this feature out to users from August 2017, if you don't see this option and wish to switch to simple GST please reach out to our customer care team. From the left menu, select GST. Click on Edit GST on the right-hand&nbsp;corner. Choose Edit settings. Select Simpler under GST codes option. Once you switch, you’ll see only the simplified GST codes while creating transactions. Note: QuickBooks Online is not a tax or BAS agent. If you’re relying on advice from a BAS or tax agent,&nbsp;it’s recommended that you consult with them before you switch. What will happen to my default GST settings once I switch? You or your tax/BAS agent may need to set up default GST codes on Chart of Accounts, products and services, bank rules and recurring transactions. We will map any default GST codes on Chart of Accounts, products and services, and bank rules to the simplified GST codes. However, you’ll need to map the GST codes on recurring transactions, if any, to the new codes. What will happen to my existing transactions if I switch to simple GST? There will be no impact on your existing transactions when you switch to simple GST. You can ...
</description>
<pubDate>Thu, 18 Jul 2019 14:43:54 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-simpler-gst/01/262816#M40
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:54Z</dc:date>
</item>
<item>
<title>Setting up Fuel Tax Credit</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/setting-up-fuel-tax-credit/01/262812#M39
</link>
<description>
To turn on Fuel Tax Credits follow these steps below: 1. Select sales tax on the left hand navigation bar. 2. Select Edit sales tax on the top right hand corner. 3. Select Edit Settings. 4. Tick the box next to Fuel Tax Credit. 5. Click Save. To view information in regards to Fringe Benefit Tax follow this link below: <A href="https://www.ato.gov.au/business/fuel-schemes/fuel-tax-credits---business/&nbsp;" target="_blank">https://www.ato.gov.au/business/fuel-schemes/fuel-tax-credits---business/&nbsp;</A>
</description>
<pubDate>Thu, 18 Jul 2019 14:43:08 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/setting-up-fuel-tax-credit/01/262812#M39
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:08Z</dc:date>
</item>
<item>
<title>Record a deferred GST liability</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-a-deferred-gst-liability/01/262809#M38
</link>
<description>
Below is the process for recording a Deferred GST Liability for your internationally imported goods. Step 1 - Setup an account to record the deferred GST liability Click the Gear Icon and select Chart of Accounts. Click New. In Category Type, select Credit Card. Give the account an appropriate name, such as Deferred GST Import Liability. Click Save and Close. Step 2 - Record the overseas purchase Enter the details of your overseas purchase. Use the tax code Out of Scope to ensure that GST is not payable to the supplier. This transaction can be entered in foreign-currency for those using the multi-currency function (Available in QuickBooks Online Essentials and Plus) This task records the inventory but not the GST on landed cost. Step 3 - Record the deferred GST liability Click on the +&nbsp;symbol and select Expense. Select the Deferred GST Liability account in the Pay From Account field. Select Exclusive of Tax in the Amounts are field. &nbsp;In the first allocation line, select an allocation account (the Deferred Tax Liability Account) and enter the tax-exclusive cost amount. Ensure you use the tax code:&nbsp;GST on non-capital. In the second allocation line, select the same allocation account as above, enter the tax-inclusive cost amount as a negative. Ensure you use the tax code Out of S...
</description>
<pubDate>Thu, 18 Jul 2019 14:44:03 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-a-deferred-gst-liability/01/262809#M38
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:44:03Z</dc:date>
</item>
<item>
<title>
GST Chart of Accounts and Lodgement Journal Overview (Australia only)
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-chart-of-accounts-and-lodgement-journal-overview-australia/01/262791#M37
</link>
<description>
In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see&nbsp;View reports, you are in the classic experience or if you can see&nbsp;Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. Classic Tax Centre Chart of Accounts Overview Upon setup of the current tax centre, there are two system generated accounts created: BAS Liabilities Payable BAS Suspense The BAS Liabilities Payable account is where the GST Collected and GST Paid amounts are posted when transactions include&nbsp;GST. The BAS Suspense account is like a clearing account; once you lodge your BAS in QuickBooks Online, the amount payable or refundable will be posted to this account. These two accounts can be renamed if you prefer. From your&nbsp;Chart of Accounts.&nbsp;&nbsp; If KeyPay is enabled in QuickBooks Online, a 3rd account related to BAS will be created during Payroll Setup called PAYGW liabilities payable, but in the current experience that is triggered when you turn on KeyPay, not by GST setup. Lodgement Journal Details If FTC is enabled, a Fuel Tax Credit Income account is created, which a CR is posted to when BAS is lodged. Upon lodgement, a three-line journal entry will move&nbsp;what you owe...
</description>
<pubDate>Thu, 18 Jul 2019 15:30:54 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-chart-of-accounts-and-lodgement-journal-overview-australia/01/262791#M37
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T15:30:54Z</dc:date>
</item>
<item>
<title>What happens after you enter a GST adjustment?</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-you-enter-a-gst-adjustment/01/262900#M36
</link>
<description>
When you enter a GST adjustment, QuickBooks Online automatically adds a general journal entry to show the adjustment. The next time you lodge your GST, the adjustment is included in the Lodge GST window. QuickBooks Online includes the adjustment on the GST line that you chose in the GST Adjustment window. The adjustment is shown as a general journal entry in the related section of the GST Detail report. When you enter a tax adjustment, QuickBooks automatically adds a general journal entry to show the adjustment.
</description>
<pubDate>Tue, 06 Aug 2019 02:52:27 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-you-enter-a-gst-adjustment/01/262900#M36
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-08-06T02:52:27Z</dc:date>
</item>
<item>
<title>GST Settings Overview</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-settings-overview/01/262747#M35
</link>
<description>
Note: In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in ​ Classic GST Centre Settings Overview GST centre settings are accessible in the current experience by clicking Edit GST&nbsp;or Add Tax in the upper right hand corner from within the GST centre dashboard. Edit GST menu settings Start of current GST period:&nbsp;is selected prior to lodging the first BAS in QuickBooks and should be the first period lodged in QBO or first period liable for GST. Lodging frequency:&nbsp;determines the period for which all future BAS lodgements will be (e.g. Quarterly). GST method:&nbsp;determines if GST should be calculated on Cash or Accrual basis. Switching can have consequences. GST codes:&nbsp;determines the GST bookkeeping method (gst codes) used in QuickBooks and can be Simpler or Detailed. Switching can have consequences. Australia Australian Business Number (ABN):Displays in BAS reporting and on Sales forms where GST is charged/collected. PAYG Instalment method:&nbsp;Used for enabling Income Tax instalment to be included and reported on the BAS ...
</description>
<pubDate>Thu, 18 Jul 2019 13:53:48 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-settings-overview/01/262747#M35
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:53:48Z</dc:date>
</item>
<item>
<title>About your GST agency</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/about-your-gst-agency/01/262800#M34
</link>
<description>
A GST agency is the government organisation that collects taxes and controls tax laws for an area. Your default GST agency is determined by the location of your business and the type of GST you collect. You can set up additional agencies on the GST page if necessary (for example, if your industry requires you to collect special taxes or levies).
</description>
<pubDate>Thu, 18 Jul 2019 14:42:37 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/about-your-gst-agency/01/262800#M34
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:37Z</dc:date>
</item>
<item>
<title>Simpler GST FAQ</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/simpler-gst-faq/01/262675#M33
</link>
<description>
What is simpler BAS? The Australian Taxation Office (ATO) has listened to the concerns of small businesses, tax professionals, industry associations and software providers, and is working towards reducing GST compliance costs for small businesses. The ATO is reducing the amount of GST information required for the Business Activity Statement (BAS) to simplify GST bookkeeping and reporting requirements. What stays on the simpler BAS? From July 1st 2017 you’ll only need to report: Total sales GST on sales GST on purchases What is removed from BAS? From July 1st 2017 you’ll no longer need to report: Export sales GST-free sales Capital purchases Non-capital purchases Does this apply to my business? If your business is registered for GST, and you have an annual GST turnover of less than $10 million, you’re eligible for simpler BAS. Do I still need to keep records? Yes. You need to keep records, such as invoices, as proof of any claims you make in your BAS lodgements. How often do I need to report GST? However frequently you report now (e.g. monthly, quarterly or yearly) is how you’ll continue to report after July 1st 2017. What is simpler GST? Simpler BAS will make it easier for businesses to do their bookkeeping to classify and code GST transactions. To help you gain the most benef...
</description>
<pubDate>Mon, 22 Jul 2019 18:23:15 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/simpler-gst-faq/01/262675#M33
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-22T18:23:15Z</dc:date>
</item>
<item>
<title>
How do I send a BAS Summary Report to an Accountant/Bookkeeper
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-send-a-bas-summary-report-to-an-accountant-bookkeeper/01/262723#M32
</link>
<description>
What is a BAS Summary Report? This report shows you the summary information for each box of the BAS. This will help you as you lodge your return in QuickBooks Online and then complete and submit your return to the Australian Tax Office (ATO). The report is based on accrual accounting unless you changed your GST reporting setting (in Company Settings) to cash basis. The amounts on this report are calculated from your QuickBooks Online start date until the To date at the top of the report. That way, any transactions you enter but backdate to a previous GST period are accounted for properly in your BAS. Any changes in GST liability caused by changing a previously lodged transaction are also accounted for in this report. You can modify the dates for this report in order to show your GST liability as of an earlier date, or to see total sales and purchases for a different date range. How do I send a BAS Summary Report to an Accountant or Bookkeeper? To send your BAS Summary Report to an Accountant or Bookkeeper follow these steps below; Open your QuickBooks Self Employed App Select Taxes in the bottom menu Select Tax Summary Report at the top of the screen Select your Tax Time Frame (financial year) you need to send Enter your accountant/bookkeepers email address Select&nbsp;Send Your BA...
</description>
<pubDate>Wed, 21 Aug 2019 23:28:07 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-send-a-bas-summary-report-to-an-accountant-bookkeeper/01/262723#M32
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-08-21T23:28:07Z</dc:date>
</item>
<item>
<title>Reporting PAYG Instalments on BAS and IAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-instalments-on-bas-and-ias/01/262640#M31
</link>
<description>
Learn how to report Pay-As-You-Go (PAYG) Instalments on Business Activity Statements (BAS) and Instalment Activity Statements (IAS) in QuickBooks Online. Note: In March 2018, QuickBooks started rolling out a new GST experience. This happened gradually over a period of time. If you see View reports menu when you’re on the GST centre main page, you’re in Classic Experience. If you see Run Reports menu, then you’re on the New Experience. What are PAYG Instalments? Pay as you go (PAYG) Instalments is a system for making regular payments towards your expected annual income tax liability.PAYG instalments are typically reported and paid to the ATO on a quarterly (BAS) or monthly (IAS) basis, the frequency of which is determined by the ATO based on your annual business income. The ATO will let you know if you need to start paying by instalments under the PAYG instalment system, and before your PAYG instalments are due, they will send an activity statement or instalment notice, depending on your circumstances. PAYG Instalments are not calculated by QuickBooks, only reported on the business or instalment activity statement. For more information about PAYG instalments, please consult a tax advisor and/or explore the ATO website links below: PAYG instalments Calculating the amount you pay...
</description>
<pubDate>Thu, 18 Jul 2019 15:31:37 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-instalments-on-bas-and-ias/01/262640#M31
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T15:31:37Z</dc:date>
</item>
<item>
<title>GST Central</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-central/01/263102#M30
</link>
<description>
QuickBooks helps small businesses save time and money when GST and other tax obligations are due. This article links to instructional content for GST, PAYGW, PAYGI, Other tax and e-lodgement capabilities within the GST centre of QuickBooks. For quick answers around our GST centre updates&nbsp;currently rolling out visit&nbsp;GST Centre Update FAQs To learn more about the GST centre in QuickBooks: GST Dashboard Overview GST Settings Overview GST Chart of Accounts and Lodgement Journal Overview Enable BAS E-lodgement for QuickBooks To learn more about the BAS filing flow in QuickBooks: Lodging BAS and IAS Reporting PAYG Withholding on BAS and IAS Reporting PAYG Instalments on BAS and IAS E-Lodge BAS and IAS with the ATO&nbsp;(Coming Soon!) To learn more about reporting&nbsp;Other taxes specifically: Fringe Benefit Tax (FBT) on BAS and IAS Fuel Tax Credit (FTC) and BAS Wine Equalisation Tax (WET) and BAS Luxury Car Tax (LCT) and BAS To learn more about Simpler BAS and Simpler GST visit&nbsp;Simpler GST FAQ Understanding GST can be complicated for new business owners, so ultimately refer to ATO guidelines, and consult with your BAS or tax professional for advice and recommendations. If you are not working with a bookkeeper or accountant, you can easily find a local QuickBooks certified expert via our Find...
</description>
<pubDate>Thu, 18 Jul 2019 13:56:27 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-central/01/263102#M30
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:56:27Z</dc:date>
</item>
<item>
<title>Manage a tax rate change</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/manage-a-tax-rate-change/01/263225#M29
</link>
<description>
Learn how to handle changing tax rates. Tax rate changes Whenever a tax rate changes, you'll need to update your items and existing transactions to use the new rate. However, if you use preconfigured rates or you're a new user setting up a tax rate for the first time, the new rate will be added to your list of taxes automatically. The following list of scenarios will help you determine where you need to update your rate. Situations affected by tax rate changes Current products and services list Manually adjust the rate for each item to the new value. Recurring transactions that use the old tax rate Manually adjust those transactions to use the new rate. Invoices created before the tax change date but future-dated If the product or service will not be provided until after the date of the tax change, you'll need to manually adjust the rate on the invoice to reflect the new rate. Invoices created on or after the tax change date but back-dated If you provided goods or services before the date of the tax change, but didn't issue the invoice at the time of the sale, you'll need to&nbsp;adjust the rate on the invoice to the new rate. Outstanding purchase orders created before the tax change date with a corresponding bill created after that date Manually adjust the rate for those transacti...
</description>
<pubDate>Thu, 18 Jul 2019 15:33:31 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/manage-a-tax-rate-change/01/263225#M29
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T15:33:31Z</dc:date>
</item>
<item>
<title>What happens after a GST PAYG payment is entered?</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-a-gst-payg-payment-is-entered/01/262724#M28
</link>
<description>
Are you wondering what happens after you enter a Goods and Services Tax (GST) Pay as You Go (PAYG) payment? When you enter a GST PAYG payment, QuickBooks automatically adds a general journal entry in the related section of the GST Detail report to show the payment. The next time you lodge your GST, the PAYG payment is included in the Lodge GST window. QuickBooks includes the PAYG payment on the GST line that you chose in the GST Adjustment window.
</description>
<pubDate>Thu, 18 Jul 2019 15:31:16 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-happens-after-a-gst-payg-payment-is-entered/01/262724#M28
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T15:31:16Z</dc:date>
</item>
<item>
<title>What is Simpler BAS?</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-bas/01/262716#M27
</link>
<description>
What is Simpler BAS?&nbsp; The Australian Taxation Office (ATO) has listened to the concerns of small businesses, tax professionals, industry associations and software providers, and is working towards reducing GST compliance costs for small businesses. The ATO is reducing the amount of GST information required for the Business Activity Statement (BAS) to simplify GST bookkeeping and reporting requirements. What stays on the simpler BAS? From July 1 2017 you’ll only need to report: Total sales GST on sales GST on purchases What is removed from BAS? From July 1 2017 you’ll no longer need to report: Export sales GST-free sales Capital purchases Non-capital purchases Does this apply to my business? If your business is registered for GST, and you have an annual GST turnover of less than $10 million, you’re eligible for simpler BAS. Do I still need to keep records? Yes. You need to keep records, such as invoices, as proof of any claims you make in your BAS lodgements. How often do I need to report GST? However frequently you report now (e.g. monthly, quarterly or yearly) is how you’ll continue to report after July 1 2017.
</description>
<pubDate>Thu, 18 Jul 2019 14:44:44 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/what-is-simpler-bas/01/262716#M27
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:44:44Z</dc:date>
</item>
<item>
<title>How to unlodge a BAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-unlodge-a-bas/01/262719#M26
</link>
<description>
Do you need to correct something for a previously file BAS period to match what you submitted to the ATO? Unlodge BAS Our Customer Service team has the facility to unlodge / undo a lodged BAS in QuickBooks Online, if you require you BAS to be reversed please reach out to our support team: Contact Us
</description>
<pubDate>Thu, 18 Jul 2019 14:44:29 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-unlodge-a-bas/01/262719#M26
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:44:29Z</dc:date>
</item>
<item>
<title>Lodging BAS and IAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-bas-and-ias/01/262741#M25
</link>
<description>
In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. This article outlines the current and updated GST filing experience for QuickBooks Online Australia. Lodging BAS in the Current GST Centre For more information about how to Lodge BAS in the current tax centre, please refer to Lodging a BAS. Below are also some comprehensive overviews for the current lodgement experience: Lodging BAS Using QuickBooks Online How to lodge your BAS with QuickBooks Online [Video] For more information about how to apply a GST payment, please refer to Recording a GST payment. Lodging Activity Statements in the New GST Centre The updated GST Centre features a completely redesigned lodgement experience where users only review the aspects of the lodgement that apply for the filing period based on the tax settings, and also introduces native support for both Business Activity Statements (BAS) and Instalment Activity Statement (IAS) lodgements. Inputs for the lodgement are saved as you go, saving time if you need to double check a figure...
</description>
<pubDate>Thu, 18 Jul 2019 13:55:30 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-bas-and-ias/01/262741#M25
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:55:30Z</dc:date>
</item>
<item>
<title>Fuel Tax Credit (FTC) and BAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fuel-tax-credit-ftc-and-bas/01/262625#M24
</link>
<description>
Please Note:&nbsp;In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Fuel Tax Credit (FTC)? Fuel tax credits provide businesses with a credit for the fuel tax (excise or customs duty) that's included in the price of fuel used in: machinery plant equipment heavy vehicles light vehicles travelling off public roads or on private roads. The amount depends on when you acquire the fuel, what fuel you use and the activity you use it in. Fuel tax credits rates also change regularly so it's important to check the rates each time you do your business activity statement (BAS). Unlike the other&nbsp;taxes reported on BAS, Fuel Tax Credits are refundable amounts, and depending on the business may even result in a refund from the ATO for fuel taxes paid. QuickBooks does NOT support FTC calculation natively at this time, and therefore FTC figures have to be calculated manually or via another solution. For more information about Fuel Tax Credits, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/b" target="_blank">https://www.ato.gov.au/b</A>...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:03 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/fuel-tax-credit-ftc-and-bas/01/262625#M24
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:03Z</dc:date>
</item>
<item>
<title>
Where do W1 and W2 amounts come from on the BAS report?
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/where-do-w1-and-w2-amounts-come-from-on-the-bas-report/01/262611#M23
</link>
<description>
If you do not use KeyPay to process&nbsp;your&nbsp;payroll,&nbsp;you can&nbsp;input&nbsp;your W1 and W2 amounts directly in the BAS report screen within Quickbooks. If you&nbsp;process pay runs through KeyPay, W1 and W2 line amounts in the BAS report are determined from the journal entries created automatically in&nbsp;QuickBooks from KeyPay. If you look at a journal entry posted from KeyPay, you will notice that certain lines of the journal entry will have a GST code applied: BAS-W1 (Purchases) and BAS-W2 (Purchases). These tags are used by QuickBooks (along with the date of the journal entry) to determine the W1 and W2 line amounts that show on the BAS report. These Tax rates are created automatically the first time a payrun is created in KeyPay and pushed to QuickBooks. W1 line amounts are typically applied against the full wage expense incurred by the pay run, and will have a GST code of BAS-W1 (Purchases). W2 line amounts are typically applied against a PAYG Withholdings Payable account for the amount of PAYG withholdings made by the payer that then needs to be paid out to the ATO later, and will have a GST code of BAS-W2 (Purchases). If the amounts on your report are different than what you expect, the first thing to check would be that all of the pay run journals to make sure that the dates and amounts a...
</description>
<pubDate>Thu, 18 Jul 2019 14:42:48 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/where-do-w1-and-w2-amounts-come-from-on-the-bas-report/01/262611#M23
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:48Z</dc:date>
</item>
<item>
<title>Reporting PAYG Withholding on BAS and IAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-withholding-on-bas-and-ias/01/263068#M22
</link>
<description>
Please Note:&nbsp;In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu&nbsp;when you are on the GST centre main page, you are in the&nbsp;classic&nbsp;experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the&nbsp;new&nbsp;experience. What is PAYGW (Pay-as-you-go-withholding) As an employer, small business owners have a role to play in helping your payees meet their end-of-year tax liabilities. They do this by collecting pay as you go (PAYG) withholding amounts from payments they make to: your employees other workers, such as contractors, that you have voluntary agreements with businesses that don't quote their Australian business number (ABN). PAYG withholding for employees is at the national level, and&nbsp;is different than&nbsp;payroll tax, which is a state levied tax. PAYG is normally reported and paid to the ATO on a quarterly (BAS) or monthly (IAS) basis, the frequency of which is determined by the amount of wages paid to your employees annually. For more information about PAYG withholding tax obligations, please consult a payroll tax professional and/or explore the ATO website links below: <A href="https://www.ato.gov.au/Business/PAYG-withholding/" target="_blank">https://www.ato.gov.au/Business/PAYG-withholding/</A> <A href="https://www.ato.gov.au/business/payg-withholding/paying-and-re" target="_blank">https://www.ato.gov.au/business/payg-withholding/paying-and-re</A>...
</description>
<pubDate>Thu, 18 Jul 2019 13:56:40 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/reporting-payg-withholding-on-bas-and-ias/01/263068#M22
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:56:40Z</dc:date>
</item>
<item>
<title>How do I turn off GST</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-turn-off-gst/01/263106#M21
</link>
<description>
Once GST is turned on it cannot be turned off, however if you recently set your QuickBooks Online file you can reset your file and start again (provided it us under 90 days old). If your file is older than 90 days or you do not wish to reset your file you can change your default tax rate to Out of Scope and your transactions will be be posted to GST.&nbsp; For assistance on changing your default tax rate, see How to I set up a default tax rate for transactions (Inclusive / Exclusive of GST)?&nbsp;
</description>
<pubDate>Thu, 18 Jul 2019 13:56:56 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-turn-off-gst/01/263106#M21
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T13:56:56Z</dc:date>
</item>
<item>
<title>
Troubleshooting: We're sorry we can't delete filed tax right now. Please try again later.
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/troubleshooting-we-re-sorry-we-can-t-delete-filed-tax-right-now/01/262644#M20
</link>
<description>
&nbsp;“An error occurred while deleting the transaction: We're sorry, we can't delete filed tax right now. Please try again later.” This error occurs when you are trying to delete a GST payment or GST refund but either the books are closed&nbsp;for the period the transaction is dated, or the GST payment/refund has been matched to a banking transaction. To fix, follow these steps: Select the&nbsp;Gear&nbsp;Icon. Choose Accounts and Settings. Select&nbsp;Advanced. Choose Accounting. Uncheck&nbsp;the box&nbsp;Close the books. Select&nbsp;Save, then&nbsp;Done. If the transaction was not matched to a banking download, Delete the tax payment. If the transaction was matched to a transaction from your bank feed follow the instructions below to unmatch the transaction:&nbsp; Select Banking. Choose the bank account that was used to pay for the GST payment. Select the In QuickBooks&nbsp;tab, then find the transaction with the correct&nbsp;date and amount for the payment. Choose Undo. Attempt to delete the GST payment again. If the issue persists, please contact support:&nbsp;<A href="https://help.quickbooks.intuit.com/en_AU/contact" target="_blank">https://help.quickbooks.intuit.com/en_AU/contact</A>
</description>
<pubDate>Thu, 18 Jul 2019 21:17:23 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/troubleshooting-we-re-sorry-we-can-t-delete-filed-tax-right-now/01/262644#M20
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T21:17:23Z</dc:date>
</item>
<item>
<title>
How to change lodging frequencies in the GST Centre
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-change-lodging-frequencies-in-the-gst-centre/01/262645#M19
</link>
<description>
Please Note: From March&nbsp;2018 QuickBooks will start rolling out a new GST experience.&nbsp;This will happen gradually over a period of time.&nbsp; While on the GST page if you see View reports, you are in the classic experience, if you can see Run Reports, you are in the new experience. Please follow the relevant steps below based on the GST experience you are in. How to change lodging frequency for GST in the Current&nbsp;Experience: Select GST&nbsp;in the left hand menu Select Edit GST&nbsp; Select Edit Settings Change Frequency here Select Save&nbsp; &nbsp; How to change lodging frequency for GST in the New Experience: Select GST in the left hand menu Click Settings&nbsp;on the top right, then select&nbsp;Tax Settings&nbsp; Edit Lodging Frequencies Click Save to confirm.
</description>
<pubDate>Thu, 18 Jul 2019 14:42:09 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-change-lodging-frequencies-in-the-gst-centre/01/262645#M19
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:09Z</dc:date>
</item>
<item>
<title>GST terminology</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-terminology/01/262661#M18
</link>
<description>
Here are a few words you will use a lot if your company collects GST. Word How it relates to GST setup GST agency The government agency that sets the requirements for GST collection and payment, such as ATO. GST code The identifier that you use on forms to charge GST. The GST code is associated with a rate. GST rate The rate is used to calculate the appropriate GST for each transaction. Each GST rate links to a specific box of the BAS. There can be separate rates for things you sell and things you buy. To see all of your GST rates, go to the GST page, then select&nbsp;Rates &amp; settings.
</description>
<pubDate>Thu, 18 Jul 2019 14:43:11 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-terminology/01/262661#M18
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:11Z</dc:date>
</item>
<item>
<title>
Record PAYG payment or IAS Witholding for Quarterly BAS [Video]
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-payg-payment-or-ias-witholding-for-quarterly-bas-video/01/262634#M17
</link>
<description>
Please Note: In March 2018 QuickBooks will start rolling out a new GST experience.&nbsp;This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. To record a PAYG Payment follow these steps below: &nbsp;Select GST in the left-hand menu &nbsp;Select the Payments tab &nbsp;Select Record PAYG Payment on the right-hand side &nbsp;Fill out required details Click Save&nbsp; Your payment has now been recorded for this particular month. Record PAYG and PAYGI Payments in the New Experience: Select GST on the left hand menu Under To lodge, select Prepare IAS&nbsp; If required, enter in other PAYG withholdings Click Next&nbsp; Enter the PAYGI amount If required, add adjustments Select Next&nbsp; If Summary is correct, Click Mark as Lodged Your payments have now been recorded for this period. Don’t forget to file your BAS directly with ATO!
</description>
<pubDate>Thu, 18 Jul 2019 14:43:42 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/record-payg-payment-or-ias-witholding-for-quarterly-bas-video/01/262634#M17
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:42Z</dc:date>
</item>
<item>
<title>How to setup GST [VIDEO]</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-video/01/262636#M16
</link>
<description>
Below is a video on how to setup GST How to setup GST
</description>
<pubDate>Thu, 18 Jul 2019 14:44:30 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-video/01/262636#M16
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:44:30Z</dc:date>
</item>
<item>
<title>
How to find the BAS Amendment (GST Exception) Report
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-find-the-bas-amendment-gst-exception-report/01/262641#M15
</link>
<description>
A GST Exception report is available in QuickBooks Online, however we refer to it as the BAS Amendment Report Please Note: In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. To find the BAS Amendment &nbsp;(GST Exception Report) Click Reports Click All Reports Click Manage Taxes. Click BAS&nbsp;Amendment Report Click Run Report To Find the BAS&nbsp;Amendment Report in the New Experience: Select GST on the left hand menu Select Run Reports in the top right corner Select GST Amendments
</description>
<pubDate>Thu, 18 Jul 2019 14:43:49 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-find-the-bas-amendment-gst-exception-report/01/262641#M15
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:49Z</dc:date>
</item>
<item>
<title>GST Centre Update FAQs</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-centre-update-faqs/01/262603#M14
</link>
<description>
Keeping track of GST and other obligations to lodge your Business Activity Statement (BAS) or Installment Activity Statement (IAS) on time is an important part of operating a business in Australia. When cash flow is tight, no one wants to pay Failure to Lodge (FTL) penalties in addition to other expenses. To make this process easier we have redesigned the GST centre in QuickBooks Online to give small businesses complete confidence to remain compliant with their BAS reporting needs. These improvements include: Support for monthly activity statements (Monthly IAS) An all-new easy to use BAS lodgement workflow Enhanced backend bookkeeping changes based on customer feedback This new experience has been available to new customers since February 2018, and are pleased to announce that existing customers will be able to opt-in and update their GST centre over the coming months. We are also pleased to announce that we will also be enabling BAS e-lodgement capabilities in QuickBooks, which will be rolling out gradually over the coming months as well. We anticipate many questions around how the update will work and have created this article to provide those answers. FAQs When can I update? When your QuickBooks file is eligible to update, you will see a green&nbsp;Update&nbsp;Button&nbsp;in the upper ri...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:53 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-centre-update-faqs/01/262603#M14
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:53Z</dc:date>
</item>
<item>
<title>
How to lodge your BAS with QuickBooks Online [VIDEO]
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-lodge-your-bas-with-quickbooks-online-video/01/262607#M13
</link>
<description>
Below is a video on how to lodge your BAS with QuickBooks Online How to lodge your BAS with QuickBooks Online&nbsp;
</description>
<pubDate>Thu, 18 Jul 2019 15:30:59 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-lodge-your-bas-with-quickbooks-online-video/01/262607#M13
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T15:30:59Z</dc:date>
</item>
<item>
<title>Validation Error when marking BAS as Lodged</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/validation-error-when-marking-bas-as-lodged/01/262588#M12
</link>
<description>
“Validation Failed – One of the list elements assigned to this transaction has been deleted. Before you can modify this transaction, you must restore PAYG Withholdings Payable (deleted). To resolve this error, you’ll need to activate the PAYG Withholdings Payable account. The activate the account: Click Accounting in the left hand navigation bar. &nbsp;Click the Chart of Account tab. Click the Gear Icon above the Action Column then click Include Inactive. Search for PAYG Withholding’s Payable (You will see (deleted) next to one of the accounts) Select Make Active in the “Action” Column -&nbsp;&nbsp; &nbsp;This will save as PAYG Withholding’s Payable-1 (if you have two accounts set up) Note: Moving forward you will need to keep this account active as it is the default account for lodging the BAS. If you have two accounts, you’ll need to merge the two together. To merge the accounts, follow these steps: Scroll to the PAYG Withholding’s Payable-1 account click the drop down arrow in the Action and select Edit. Change the name to the match the other account (Note: Ensure all details are the same for each account. e.g. Category type, Detail Type etc) Click Save and Close &nbsp;A Message will pop up asking if you would like to Merge these accounts. click Yes. You will be able to lodge your BAS and moving fo...
</description>
<pubDate>Thu, 18 Jul 2019 14:42:18 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/validation-error-when-marking-bas-as-lodged/01/262588#M12
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:18Z</dc:date>
</item>
<item>
<title>Switch to Detailed GST</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-detailed-gst/01/262610#M11
</link>
<description>
How do I switch to detailed GST if I don’t want to be in simpler GST? Remember, if you’re eligible for simpler BAS, you’ll be fully compliant if you’re on Simple GST and our testing has proved that small&nbsp;businesses find it much easier to code GST transactions when they use simplified GST codes. However, if you want to switch to detailed GST, you can do so by contacting our Customer care team. Note: QuickBooks Online is not a tax or BAS agent. If you are relying on advice from a BAS or tax agent, it’s recommended that you consult with them before you switch. If you’ve set default GST codes on the Chart of Accounts, products and services, bank rules and recurring transactions,&nbsp;please be aware that you will lose these default settings when you switch and the action cannot be rolled back. You’ll need to visit&nbsp;each of those sections to reset the GST defaults. There will be no impact on existing transactions. What will happen to BAS reports once I switch to detailed GST? BAS detailed report - There will be no change to BAS detailed report. You will continue to see transactions grouped by tax codes in the BAS detailed report. If you have existing transactions that use the detailed GST codes, the BAS details report will continue to report the transactions under the detailed GST codes....
</description>
<pubDate>Thu, 18 Jul 2019 14:42:50 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/switch-to-detailed-gst/01/262610#M11
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:50Z</dc:date>
</item>
<item>
<title>Wine Equalisation Tax (WET) and BAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/wine-equalisation-tax-wet-and-bas/01/262651#M10
</link>
<description>
Please Note:&nbsp;In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see the&nbsp;View reports&nbsp;menu when you are on the GST centre main page, you are in the classic experience, and if you can see&nbsp;Run Reports&nbsp;menu,&nbsp;you are on the updated experience. What is Wine Equalisation Tax (WET)? If you make wine, import wine into Australia or sell it by wholesale, you'll generally have to account for wine equalisation tax&nbsp;(WET). WET is a tax of 29% of the wholesale value of wine. It is generally only payable if you are registered or required to be registered for GST. It's designed to be paid on the last wholesale sale of wine, which is usually between the wholesaler and retailer. But it may apply in other circumstances – such as cellar door sales or tastings – where there hasn't been a wholesale sale. WET is also payable on imports of wine (whether or not you are registered for GST). QuickBooks does NOT support WET calculation natively at this time, and therefore amounts owed or to be refunded have to be calculated via another method. For more information about Wine Equalisation Tax, please consult a tax professional and explore the ATO website links below: <A href="https://www.ato.gov.au/Business/Wine-equalisation-tax/​" target="_blank">https://www.ato.gov.au/Business/Wine-equalisation-tax/​</A> https:...
</description>
<pubDate>Thu, 18 Jul 2019 14:42:41 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/wine-equalisation-tax-wet-and-bas/01/262651#M10
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:41Z</dc:date>
</item>
<item>
<title>100% GST - Importing goods</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/100-gst-importing-goods/01/262657#M9
</link>
<description>
When a business imports goods from overseas, often the imported goods are paid for direct to the overseas company and no GST is liable on that payment but the freight company pays the GST when they pay the import taxes and duties. This causes a situation where the business has to record the GST, taxes, and insurance to a different entity than the payment of the goods. Two entries are required. Payment of the Goods to the supplier. Create a supplier payment for the goods without GST. Payment of GST, Taxes, and insurance. Create a supplier payment with the Transactions as follows. Goods GST 1100.00 Goods GST Free -1100.00 Insurance GST Free 10.00 Tax GST Free 10.00 Total 20.00 This causes the total amount on the invoice to equal the GST of the product plus the insurance and taxes.
</description>
<pubDate>Thu, 18 Jul 2019 14:43:58 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/100-gst-importing-goods/01/262657#M9
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:58Z</dc:date>
</item>
<item>
<title>Recording a GST refund</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-refund/01/262658#M8
</link>
<description>
Please Note: In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. The record refund link inside the GST Centre can only be applied to a previously lodged BAS . In order to record that refund/payment against a previous BAS period, you have to first find the previously lodged BAS in the GST Centre&nbsp;and then select the&nbsp;Record Payment&nbsp;option in the&nbsp;Action&nbsp;column. Current GST Centre Go to the&nbsp;GST Centre&nbsp;from the left-hand menu. Click&nbsp;Record Payment&nbsp;in the&nbsp;Action&nbsp;column for the BAS period you wish to record the refund against. Change the radio button option&nbsp;to&nbsp;Refund. Select the date of the refund and the account the refund was deposited to. Input the amount of the payment and any memo for the transaction. Click the&nbsp;Save&nbsp;button. Record a Refund when you don't lodge your BAS through the GST Centre Select Gear Icon in the top right-hand corner. Select Journal Entry. Line 1 &amp; 2 will be your BAS Liabilities Payable account. Debit the amount you Collected on&nbsp;GST. Credit the amount you Paid on GST. Line 3 will be your BAS S...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:02 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-refund/01/262658#M8
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:02Z</dc:date>
</item>
<item>
<title>Lodging a BAS</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-a-bas/01/262596#M6
</link>
<description>
QBO allows the ability to create a Business Activity Statement in order to report to the ATO. Lodging a BAS 1. Click the GST&nbsp;menu&nbsp;from the main navigation menu. 2. In the Action column click Prepare BAS Note: &nbsp;The values in the BAS are determined automatically from the transactions for which GST tax codes were assigned. Any amounts not determined by QBO transactions are directly editable on the BAS form on the far right column in the grey boxes. Adjustments can be made for selected lines where the blue Record links rest on the right. The adjustment account selected will be reduced by the amount recorded in the adjustment and added to the total of the BAS liability owed. 3.&nbsp;Once the information in the BAS report has been verified, click Mark as lodged.&nbsp;QuickBooks will create a journal entry to reflect the amount payable behind the scenes. &nbsp; Lodging a BAS in&nbsp;QuickBooks does not file that BAS with the ATO electronically. You&nbsp;can use the BAS statement&nbsp;to manually file the BAS report and make payments directly. If a payment is made to the ATO, or a refund has later been received, those transactions should be recorded in the GST Centre against that BAS report for reporting. Additional Resources - Step by step guide to completing your BAS -&nbsp;Lodging BAS Using QuickBooks Online How to ...
</description>
<pubDate>Thu, 18 Jul 2019 14:44:53 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/lodging-a-bas/01/262596#M6
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:44:53Z</dc:date>
</item>
<item>
<title>
How to I set up a default tax rate for transactions (Inclusive / Exclusive of GST)? [Video]
</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-i-set-up-a-default-tax-rate-for-transactions-inclusive/01/262580#M5
</link>
<description>
QuickBooks Online gives you the ability to set a default tax type for your transactions, you can choose between: Exclusive of GST Inclusive of GST Out of scope of GST To change the default type: Click the Gear Icon and select Accounts and Settings. Click Advanced, then Accounting. Click the drop down for&nbsp;Default tax rate selection&nbsp;and make your selection. Click Save, then click Done.
</description>
<pubDate>Thu, 18 Jul 2019 14:44:54 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-i-set-up-a-default-tax-rate-for-transactions-inclusive/01/262580#M5
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:44:54Z</dc:date>
</item>
<item>
<title>GST Dashboard Overview</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-dashboard-overview/01/262576#M4
</link>
<description>
This article outlines important changes to the GST Centre Dashboard in QuickBooks Online for Australia. Current GST Centre Dashboard Experience The GST Centre Dashboard in QuickBooks Online is the starting off point to help you stay on top of your BAS lodgements. The GST Summary&nbsp;at the top of dashboard displays the current open period running balance, collected sales, purchases paid, and adjustments recorded. The GST Settings&nbsp;menu enables users to view/edit GST settings, and&nbsp;View Reports hosts quick links to all GST related reporting. Under&nbsp;Next BAS to lodge QuickBooks will display the next open lodgement period and status,&nbsp;the&nbsp;Prepare BAS button will initiate the BAS lodgement process. Under&nbsp;Lodged BAS&nbsp;QuickBooks will display all historical lodgements made in QuickBooks Online to date, including BAS Summary and Amendment reports on the far right for each lodgement. Under the&nbsp;Payments tab QuickBooks lists all GST payments recorded against existing lodgements. While this experience caters for most Australian small businesses, we have made some important updates to the GST dashboard that are rolling out right now, and are explained in detail below. &nbsp; Updated GST Centre Dashboard Experience The updated GST Centre dashboard has been updated to simplify the&nbsp;To do tab, list&nbsp;historic...
</description>
<pubDate>Thu, 18 Jul 2019 14:45:36 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/gst-dashboard-overview/01/262576#M4
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:45:36Z</dc:date>
</item>
<item>
<title>Recording a GST payment (BAS Payment)</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-payment-bas-payment/01/262569#M3
</link>
<description>
On March 2018, QuickBooks rolled out a new GST experience. This change is expected to happen gradually over a period of time. While in the GST Centre and you see View reports, you are in the classic experience. If you see Run Reports, you are on the new experience. Perform the steps according to the GST experience you are in. To record a GST Payment (BAS Payment) in the Classic GST Experience: Select GST in the left hand navigation Menu. In the Action column, select Record Payment for the BAS period you wish to record and payment against. Select Payment. Select the date of the payment and the account the payment was withdrawn from. Enter the amount of the payment and any memo for the transaction. Select Save. Note: You can only record a payment for a previously lodged activity statement. Record a GST Payment (BAS Payment) in the New GST experience: Select GST in the left hand menu. Select Record Payment on the activity statement you want to record a payment against. Enter the Amount. Select the Account the payment was withdrawn from and the Date of the payment. Enter a Memo for the transaction if required. Select Save Note: You can only record a payment for a previously lodged activity statement. How to record a GST Payment when not using the Lodge BAS function in the GST Cent...
</description>
<pubDate>Thu, 18 Jul 2019 14:43:23 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/recording-a-gst-payment-bas-payment/01/262569#M3
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:23Z</dc:date>
</item>
<item>
<title>How to setup GST in QuickBooks Online?</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-in-quickbooks-online/01/262574#M2
</link>
<description>
Please Note: From March 2018, QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time.&nbsp; While in the GST Centre If you can see&nbsp;View reports, you are in the classic experience, if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in. Classic&nbsp;GST Centre&nbsp; Click GST in the left hand menu Click&nbsp;Set up GST. &nbsp;Complete the form Enter your ABN &nbsp;The starting month for your current GST Period Your GST method (Cash or Accural) Your GST lodging Frequency Click Set up You Can also turn on other applicable taxes such as PAYG Installment method, Wine Equalisation, Fringe Benefit, Fuel Tax Credits and Luxury Car Tax. How to setup GST in QuickBooks Online New GST experience: Select GST in the left hand menu Select Get Started&nbsp; Select which Taxes you pay and how often Select Show other taxes to add additional taxes Select Save and Finish&nbsp; Select Done
</description>
<pubDate>Thu, 18 Jul 2019 14:43:52 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-to-setup-gst-in-quickbooks-online/01/262574#M2
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:43:52Z</dc:date>
</item>
<item>
<title>How do I delete a GST Payment?</title>
<link>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-delete-a-gst-payment/01/262564#M1
</link>
<description>
In March 2018 QuickBooks will start rolling out a new GST experience. This will happen gradually over a period of time. If you can see View reports, you are in the classic experience or if you can see Run Reports, you are on the new experience. Please follow the relevant steps below based on the GST experience you are in To delete a previous GST Payment follow the steps below: Note: Before deleting a GST payment make sure it is not matched to a banking transaction if the transaction&nbsp;is matched you will have to un-match&nbsp;it first. Current GST Centre Click GST. Click Payments. Hover over the payment you wish to delete. In the Action column click the drop down arrow and select Delete. Click Yes. New GST experience Select GST on the left hand menu. Select Payments. Find the payment you’re looking for, and click Delete. Select Yes.
</description>
<pubDate>Thu, 18 Jul 2019 14:42:13 GMT</pubDate>
<guid>
https://quickbooks.intuit.com/learn-support/en-au/gst-and-bas/how-do-i-delete-a-gst-payment/01/262564#M1
</guid>
<dc:creator>QuickBooksHelp</dc:creator>
<dc:date>2019-07-18T14:42:13Z</dc:date>
</item>
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