Questions & Answers

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 https://www.ato.gov.au/Business/GST/Lodging-your-BAS- or-annual-GST-return/Options-for-reporting-and-paying-GST/ Monthly-GST-reporting/

Question and Answer Item 2058458 - Browse All Question and Answer Items

Q: I downloaded a current version of the excel business valuation model however even with inputting my email and registration code the download is not allowing me to use the software.

A: Attached is a zip file with version 60 files to match your registration. Save to your pc and open the excel file. This is also available at https://bizpep.com/superseded.html . We have recently released a new version which uses a different license process (this is the current version). Can you tell me what link you used to make your purchase and I will investigate the purchase/version issue?

Question and Answer Item 2058457 - Browse All Question and Answer Items

Q: I recently had an issue with PayPal and the backup payment option. I've noticed that our BAS-I.C account was cancelled because of this. If we were to resign would I lose all my previously saved data?

A: If you access BAS-I.C on the same computer and browser your data should still be there.

Question and Answer Item 2058456 - Browse All Question and Answer Items

Q: I purchased your software before you brought in the new yearly fee so does mine still work or do i have to upgrade to the yearly one?

A: Your original version will continue to function as always and your registration details remain valid for the original but not the new version.You do not need to upgrade.

Question and Answer Item 2058454 - Browse All Question and Answer Items

Q: Entering into income page under accounts, entering the income account name as I have done on the previous two pages (i.e. July, August) only to be told "this value doesn't match the data validation restrictions defined for this cell"

A: The Account value should be selected from the drop down list. Click the cell and down arrow to find the correct account. Thisensures it is exactly as set in the accounts sheet and can be calculated correctly. If you need it to be a different acccount set up the account in the accounts sheet. If I can assist further please let me know.

Question and Answer Item 2058453 - Browse All Question and Answer Items

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