Xero BAS and GST - How to Lodge Business Activity Statements - Australia

[@mark-and-trina]

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[@JC-pj3by]

Thanks for this, very helpful. My bookkeeper wanted to charge me an extra $1,000 per year to file my IAS statements, so this video just saved me that amount. Very grateful!

[@alison6091]

Thank you Mark, love your work. Clear and concise!

[@mark-and-trina]

You're welcome!

[@MaryM-j8e]

Hi Mark, can we amend a lodged BAS on Xero? If yes, could you please explain how to proceed?

[@rommelramirez8188]

Thanks Mark, that was so easy.

[@carolinec8804]

Thank you, Mark! Amazing as usual

[@mark-and-trina]

Thanks again!

[@iansm1000r]

Do you have the same video for Quickbooks online?

[@anon-842]

Will the values in Xero already be correct and I just have to lodge it?

[@georgecarnie546]

Can you assist me please. You say in the video to "Lodge" and then go on to "Finalise". How do you "Finalise"? I have some BAS statements that say "Finalised" but many after that, that just say "Lodged"?

[@glam.byKanchi]

Hey, Do we need to create a bill after lodging BAS with ATO for payment??

[@mark-and-trina]

You can if you want to but you can reconile the transaction as Spend Money when it comes into your bank account feed.

[@cadup2000]

Hello, is it compulsary to pay activity statement? I got statenment of double than my business amount. How to stop activity statement? Thanks

[@mark-and-trina]

Contact the ATO.

[@halocrat]

Hi is there a penalty if I amend my Aug 2021 IAS due to overstated PAYGW? Thanks...

[@Lone.wolf004]

Hello. May I ask why activity statement is not available in demo account? i cant see it in reports and advanced.

[@mark-and-trina]

It should be there in the Australian demo company.

[@ujangpeter]

Is there any disadvantage to doing it trough Xero directly? it seems way easier and more efficient than involving the ATO website

[@mark-and-trina]

There is no disadvantage

[@lifetrail_hiking_mentoring]

Hi, it's great but I'm guessing Xero have updated it as I can't see Activity Statement under Accounting.

[@laurenhowie7792]

Find it in Reports and put a star next to it

[@shirleybrearley6562]

I can't see the lodge button... only publish, print and export. I also can't see setting in the activity statement page.

[@mark-and-trina]

Have you hooked up Xero to the ATO so you can lodge your BAS automatically?

[@BureauExperts]

Good job