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The information provided is to used to complete the BAS form.
The PAYG amount was provided and not worked out.
The provided profit and loss information can assume it is for the quarter for BAS.
Outcomes;
1. Confirm the TAX codes used are correct. (i.e GST, N-T and Free)
2. Complete BAS form.
Please advise if you require more information.
Attachment:- Entity 2 information provided.rar
Verified Expert
BAS statements of a business have been filled. BAS is Business Activity Statement. Businesses in Australia have to fill them. It gives their net GST and PAYG tax liabilities.
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