Cash and Accruals Accounting on Your Activity Statement
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Understanding Cash and Accruals Bookkeeping and Accountancy At On The Money Bookkeeping Services Melbourne, we’ve noticed that business owners are sometimes uncertain about why their BAS amount payable is considerably higher or lower than what they are expecting. For most businesses, an activity statement reports GST, PAYG withholdings (for employees) and PAYG instalments (for company…