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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 http://bas-i.com.au/accountsgst.html . 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 http://bas-i.com.au/chartofaccounts.html . 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.
Question and Answer Item 2058504 - Browse All Question and Answer Items
Q: Having downloaded the licensed software I notice that the date starts with July 18. Should it be 2019? Or will it adjust itself?
A: The Start date is set on the Income sheet (Cell B5) this is passed to all other sheets. See Start Date in the Income section of the Help file https://bizpep.com/basbusinessaccountssoftware.html#help
Question and Answer Item 2058501 - Browse All Question and Answer Items
Q: I would like to learn more. What does the subscription give you? It seems that the valuation is free as it is just a spreadsheet, am I wrong? You provide valuation service, and financial analysis services? Anything else? Do business owners primarily use this? or do advisors as well?
A: Subscription fully enables the analysis software and allows use on multiple devices by the individual licensed email address holder for the 1 year duration of the license. In evaluation mode without a license some valuation inputs are locked. Business Valuation allows individuals or consultants to perform their own business valuation, it is an xlsx file developed with Microsoft Excel and will run on current versions of Microsoft Excel and most other spreadsheet applications. It does not include any macros or visual basic coding. Business Valuation is used by both individual business owners and advisers. Full help and additional detail is available at https://bizpep.com/businessvaluation.html
Question and Answer Item 2058496 - Browse All Question and Answer Items
Q: We have received our first import duty charges for an import. How do i add the full amount of gst we were charged along with other import fees, currently I can only see 10% of the gst charged, i need to have the full amount of gst included for our next quarter bas.
A: You can add a New Tax to set up a required gst charge. To do this click the up arrow after the Expense button, this displays the New Tax button, click New Tax and input details Name and Amount as a percentage. You can then set up a New Account using the new GST % tax. Alternatively break the fees and charges into components ie the bit that is gst related and any non gst components and enter these as individual items.
Question and Answer Item 2058464 - Browse All Question and Answer Items
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.
Question and Answer Item 2058462 - Browse All Question and Answer Items