As of about 2 months ago the ability to select between Cash and Accrual basis in the Business Activity Statement (BAS) reporting has disappeared and even when the BAS report claims that it displays amounts on a cash basis it is actually accrual. Am I the only one with this problem?
If you search the forum this was brought up and a solution posted a few days ago
Indeed but the calculation is still wrong.
Changing from Cash to Accrual makes no difference even when the Cash/Accrual button re-appears
Unless you are entering sales invoices and/or purchase invoices and you have unpaid accounts receivable or accounts payable there will be no difference between Cash and Accrual.
@Nick_Pan what version are you currently on? Can you upgrade to the latest version (22.1.83) ? Because this issue has been resolved.
Running 22.1.75
I’ll run the updates and will let you know
Same problem even after running update
This is the screenshot of the BAS under cash basis
and this is the screenshot of the BAS under the Accrual basis
Cut me some slack Tony not that naive
@Nick_Pan, I tried it myself and was able to reproduce the bug. It seems @lubos is already addressing the bug and hopefully it will be resolved soon. I didn’t intend to discredit your accounting knowledge but the Forum includes a wide variety of user knowledge and I recall someone with the same issue asking me outside of the Forum.
@Nick_Pan
I suspect the fastest way of getting this fixed is to create a test business with just enough transactions to illustrate the issue (eg an invoice). Then show screen shoots of that (no personal data is then published but representative details are shown)
For a moment I though I was doing something wrong, corrupted my data somehow or perhaps an issue with my operating system. But no matter what I did the issue reappeared over and over again.
I am on version 22.1.51 and it works there, so it is after that it stuffed up.
I can reproduce the issue. Fixed in the latest version (22.1.85)
Thank you lubos much appreciated
@lubos When I adjust monthly GST free sales using a journal entries i have created a GST free sales account for this purposes:
- Dr GST sales account with GST code
- Cr GST free sales account with GST free
It looks fine as it was intended at accounting side of thing, however when I generate the BAS report, G1 would artificially increase the sales amount by that GST free sales (by right should be decreased) and 1A GST on sales remaining un-change and adjusted GST sales amount (since it was debited) went into 1B GST on purchases.
Please advise if there a way for putting in a formula for the BAS form G1 reflected reporting sales amount has been adjusted and GST on sales amount would reduce accordingly (not went to become GST on purchase)
G1 is TOTAL sales which is all sales so any sales including GST regardless of GST get reported at G1.
see attached pdf for ATO worksheet
68f311eb-9d6a-4367-8ea5-3dbb52fb859e.pdf (264.2 KB)
It would be nice if the manager report was generated in the same format…