|QUESTION:||GL: How do I find out what makes up the G7 Adjustments figure on the BAS Report?|
To find out what makes up the G7 Adjustments figure on the BAS Report, perform the following:
1. From ProStix Main Menu select 'General Ledger' then 'Reporting' then 'GST BAS Reports'.
2. Select the relevant Company if applicable, then select <F1> or <Enter>
3. Enter the require From Date and To Date in the date fields using date format dd/mm/yy. Press <Enter> to run the report.
4. You will prompted via "Options" to select the output format of the report.
The calculation behind the G7 figure is the amount in your GST Sales Adjustment account (this captures the GST portion of any settlement discount given to customers) multiplied by 11.
For example, reviewing a July BAS report:
IF THIS FAQ DOESN’T RESOLVE YOUR ISSUE:
Contact Sterland Support.