Setting up your company file for GST

• Overview
• GST Overview & Terms
• Tax inclusive or tax exclusive
• Reviewing and setting up tax codes
• Assigning tax codes
• Checklist for entering transactions

The End of Period Checklist

• End of period & end of financial year
• Using the Myob company data auditor

Bank Reconciliation

• Bank reconciliation overview
• Fixing out of balances
• Displaying a reconciliation report

Reconciling Accounts Receivable

• Sales overview
• Sales linked accounts
• Reconcile the account receivable

Reconciling your Inventory

• Inventory reconciliation overview
• Inventory linked accounts
• Reconciling your inventory
• What causes an inventory out of balance
• Identifying & correcting inventory

Reconciling Payroll

• Payroll linked accounts
• Reconcile wages
• Differences between payroll reports
• Paying and reconciling your payroll liabilities
• Reconciling payroll liabilities
• Additional reporting for payroll liabilities

Reconciling GST

• Reviewing your BAS-related reports
• Reconcile the tax information
• Tax amount variances
• Tax code exemptions
• Tax information reconciliation
• Reviewing the audit trail report

Simplifying BAS Reporting with Baslink

• Completing the business activity statement
• FBT instalment fields
• Review – Bas fields
• Compare and check BAS labels to MYOB reports
• Finalise your BAS
• Lodge your BAS & record the ATO payment

Reports

• Report customisation and filtering
• Saving reports in different formats
• Formatting a report
• Saving custom reports
• Report batches

Reviewing and providing data to your accountant

• The company data auditor
• Sending information to your accountant
• Locking the previous financial year
• Entering end-of-year adjustments

Starting a new payroll and financial year

• End of financial and payroll year overview
• End of payroll year checklist
• Start a new financial year
• Optimise your company file