Items selected where Topic is BAS-I.C
Questions & Answers
Q: I'm keen to include the wages component to my spreadsheet but am unsure how this will affect the setup I already have. The info box says it will delete certain components and add others. I'm not sure which ones and whether they will affect me?
A: Before any change please back up all data (transactions and setup), this will allow you to restore if required. You can see the Preset Accounts detail at bas-i.com.au . If you change the preset account or set up (ie Include Wages) then any existing pre set Accounts will be removed and the new pre set accounts added. Any transactions that are set with an account that has been removed will become orphaned and unable to be reconciled in the BAS View. The transactions will still remain but in List View they will be shaded red. Accounts that you have individually added will remain valid. If you Include Wages existing preset accounts will be replaced with the Include Wage setup and if needed you can then re load the required preset accounts (ie click Generic etc..). In list view check that you have no orphaned accounts (shaded red) and you should be all good. Please back up before making any changes and ensure you backup regularly. All data is saved locally on your system (no where else). Hope that makes sense. Additional detail on accounts is available at bas-i.com.au . If you have a different computer or browser you can use your account link to access BAS-I.C and play around with account settings without impacting your current setup.
Q: I'm trying to load previously saved data. When I open the link below all my entered data has gone but I have a couple saved html files on my computer, is there a way to extract that data from the html files or do I have to re-enter the whole of 2017's data again?
A: All data is saved locally via your browser on your computer. Automatically saved data can only accessed from the same computer and browser from which it was saved. This means to automatically use saved data you need to use the same computer and browser that it was saved from. If you computer/browser data storage is cleared the data will be cleared. Also keep in mind that only data for the selected period is displayed. To see all data click ALL, List View, Revenue/Expense. BAS-I.C also allows you to access and save data in other formats using Share, Backup, Archive and Export functions. If you have the data saved via one of these functions you can reinstate it using Restore or Import. If you are unable to access your old data send me the html files you have and I will have a look to see if anything can be done to assist further.. however I will not be able to get to this until late next week at the earliest.
Q: For some reason i can't change the financial year button from 2017 to 2016.
A: You should be able to change the date. At the top left where it says "Financial year from" click the Month button to select a month ie Jul and then click the Year button the change the year ie 2016. Q: I need to make entries for 3 different entities, can I just create 3 different books completely? A: Yes. You can run separate accounts easily using sub domains ie add a sub domain like mybiz. in front of your BAS-I.C Account Code url so it becomes something like http: //mybiz.bas-i.com.au?c=........ . See bas-i.com.au for full details.
Q: Is it possible to change a free account to a paid account and then back up info? I have signed up with a different email account by mistake.
A: Yes, if you use the same pc and browser your data should be automatically saved and will be available to your new account.
Q: Am I reading this correctly BAS is only completed quarterly? We currently do ours on a monthly basis.
A: For most small business < $20 million turnover yes...according to the ATO "If you have a GST turnover of $20 million or more, you must report and pay GST monthly .... Other businesses may choose to report GST monthly." See www.ato.gov.au or-annual-GST-return/Options-for-reporting-and-paying-GST/ Monthly-GST-reporting/