# BAS Liabilities

**URL:** <https://forum.manager.io/t/bas-liabilities/3361>\
**Category:** Uncategorized\
**Created:** [July 21, 2015, 11:17am UTC](https://forum.manager.io/t/bas-liabilities/3361 "2015-07-21T11:17:59Z")\
**Posts on this page:** 10\
**Page:** 1

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**Author:** ![mattyh](https://avatars.discourse-cdn.com/v4/letter/m/e9bcb4/32.png) [@mattyh](https://forum.manager.io/u/mattyh)\
**Post date:** [July 21, 2015, 11:18am UTC](https://forum.manager.io/t/bas-liabilities/3361/1 "2015-07-21T11:18:00Z")

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As of 1st July I’ve moved one of my companies to Manager.

I would like to know what journal entries or configuration I should enter in consideration of an existing BAS liability which was incurred as at the last tax quarter but is payable in this new quarter.

Is there a way to enter an opening balance in the “Tax Liailibities” account or similar? I’m not sure how this ties in with the account that GST is reported into.

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [July 21, 2015, 11:58am UTC](https://forum.manager.io/t/bas-liabilities/3361/2 "2015-07-21T11:58:56Z")

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You should set start date under `Settings` to July 1st, 2015 then set up opening balances for all your accounts. Opening balance for tax liabilities is set the same way as for any other general ledger account.

See: [Manager Cloud](http://guides.manager.io/businesses/settings/start-date)

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**Author:** ![mattyh](https://avatars.discourse-cdn.com/v4/letter/m/e9bcb4/32.png) [@mattyh](https://forum.manager.io/u/mattyh)\
**Post date:** [July 22, 2015, 1:42am UTC](https://forum.manager.io/t/bas-liabilities/3361/3 "2015-07-22T01:42:55Z")

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I can’t see a Tax Liabilities account in there. Do I create it? If so, what under?

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**Author:** ![Kal](https://avatars.discourse-cdn.com/v4/letter/k/9de053/32.png) [@Kal](https://forum.manager.io/u/Kal)\
**Post date:** [July 22, 2015, 2:48am UTC](https://forum.manager.io/t/bas-liabilities/3361/4 "2015-07-22T02:48:38Z")

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It’s called ‘Tax payable’. I did not have to manually create this. It was just there in the Chart of Accounts (presumably because I have set up GST tax codes in settings).

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**Author:** ![mattyh](https://avatars.discourse-cdn.com/v4/letter/m/e9bcb4/32.png) [@mattyh](https://forum.manager.io/u/mattyh)\
**Post date:** [July 22, 2015, 5:32am UTC](https://forum.manager.io/t/bas-liabilities/3361/5 "2015-07-22T05:32:31Z")

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Does this account include any PAYG Liabilities which form part of the BAS?

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [July 26, 2015, 2:04pm UTC](https://forum.manager.io/t/bas-liabilities/3361/6 "2015-07-26T14:04:28Z")

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@mattyh, how do you record PAYG liabilities from now on? Using third-party payroll program and making journal entries in Manager or are you managing payroll from Manager using `Payslips` tab?

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**Author:** ![mattyh](https://avatars.discourse-cdn.com/v4/letter/m/e9bcb4/32.png) [@mattyh](https://forum.manager.io/u/mattyh)\
**Post date:** [July 27, 2015, 5:58am UTC](https://forum.manager.io/t/bas-liabilities/3361/7 "2015-07-27T05:58:40Z")

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I have copied all the records from the Payroll Software into Manager’s Payslips feature

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**Author:** ![mattyh](https://avatars.discourse-cdn.com/v4/letter/m/e9bcb4/32.png) [@mattyh](https://forum.manager.io/u/mattyh)\
**Post date:** [July 28, 2015, 2:10am UTC](https://forum.manager.io/t/bas-liabilities/3361/8 "2015-07-28T02:10:54Z")

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I have actually now set up two accounts “PAYG” and “Super” but I wonder what account GST goes into.

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**Author:** ![lubos](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/lubos/32/62798_2.png) [@lubos](https://forum.manager.io/u/lubos)\
**Post date:** [July 29, 2015, 12:24pm UTC](https://forum.manager.io/t/bas-liabilities/3361/9 "2015-07-29T12:24:59Z")

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There is a control account called `Tax payable` which you can rename to `GST payable`.

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**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [January 18, 2023, 3:36pm UTC](https://forum.manager.io/t/bas-liabilities/3361/10 "2023-01-18T15:36:55Z")

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