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Q: I have just started inputting for the 2015-16 tax year. I cleared the income and expense sheets from last year. Inputted expense fine, but income will not show the GST or work out the tax. How can I fix this?
A: It sounds like when you cleared your data you may have also cleared formula which do the calculations. Input is in the blue cells only and if anything else is deleted you could overwrite formula and the calculations will be corrupt. So to fix you can revert to your last year file (assuming it is all good) and then just delete the inputs in the blue cells or you can download a new clean file and use that https://bizpep.com/basbusinessaccounts.html .
Question and Answer Item 2058433 - Browse All Question and Answer Items