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Top 3 BAS Mistakes to Avoid | GST and BAS Tips | Future Proof Accountants
In this video, we dive into the top three mistakes accounting and bookkeeping professionals commonly make when preparing Business Activity Statements (BAS). Presented by Future Proof Accountants, the episode highlights critical issues such as lodging BAS from unreconciled data, using incorrect GST codes for imports and contractors, and overlooking GST impact in manual journal entries.
Top 3 BAS Mistakes to Avoid | GST and BAS Tips | Future Proof Accountants
In this video, we dive into the top three mistakes accounting and bookkeeping professionals commonly make when preparing Business Activity Statements (BAS). Presented by Future Proof Accountants, the episode highlights critical issues such as lodging BAS from unreconciled data, using incorrect GST codes for imports and contractors, and overlooking GST impact in manual journal entries. These errors can lead to inaccurate BAS reporting and potential compliance issues. The video also emphasizes the importance of proper reconciliation, correct data entry, and the use of checklists to ensure accuracy.
Top 3 BAS Mistakes to Avoid | GST and BAS Tips | Future Proof Accountants
In this video, we dive into the top three mistakes accounting and bookkeeping professionals commonly make when preparing Business Activity Statements (BAS). Presented by Future Proof Accountants, the episode highlights critical issues such as lodging BAS from unreconciled data, using incorrect GST codes for imports and contractors, and overlooking GST impact in manual journal entries. These errors can lead to inaccurate BAS reporting and potential compliance issues. The video also emphasizes the importance of proper reconciliation, correct data entry, and the use of checklists to ensure accuracy.
Top 3 BAS Mistakes to Avoid | GST and BAS Tips | Future Proof Accountants
In this video, we dive into the top three mistakes accounting and bookkeeping professionals commonly make when preparing Business Activity Statements (BAS). Presented by Future Proof Accountants, the episode highlights critical issues such as lodging BAS from unreconciled data, using incorrect GST codes for imports and contractors, and overlooking GST impact in manual journal entries. These errors can lead to inaccurate BAS reporting and potential compliance issues. The video also emphasizes the importance of proper reconciliation, correct data entry, and the use of checklists to ensure accuracy.
Top 3 BAS Mistakes to Avoid | GST and BAS Tips | Future Proof Accountants
In this video, we dive into the top three mistakes accounting and bookkeeping professionals commonly make when preparing Business Activity Statements (BAS). Presented by Future Proof Accountants, the episode highlights critical issues such as lodging BAS from unreconciled data, using incorrect GST codes for imports and contractors, and overlooking GST impact in manual journal entries. These errors can lead to inaccurate BAS reporting and potential compliance issues. The video also emphasizes the importance of proper reconciliation, correct data entry, and the use of checklists to ensure accuracy.
Top 3 BAS Mistakes in Xero | Future Proof Accountants
From Future Proof Accountants, Neha walks you through the top 3 BAS mistakes made inside Xero — even by experienced bookkeepers and accountants — and how to avoid them before you lodge with the ATO.
