hello33
Level 1

GST and BAS

Thanks that article was helpful. I have successfully reconciled the BAS and Cash Boost against the bank transactions. However, my balance sheet is still showing a negative balance in the PayG Instalment Liabilities account (equal to the PayGI on the BAS in question). Why was this amount not zeroed as in the case of PayG Withholdings Payable/GST Liabilities accounts?