BAS Reconciliation

Description

Module 5 shows you how to prepare and check your BAS in Xero. You’ll learn to use a preparation checklist, review payables and receivables, and record personally paid expenses. The lessons cover downloading and reviewing reports, checking activity statements, reconciling suspense accounts, and comparing reports against the balance sheet and payroll. You’ll also go through fuel tax credits and learn how to set lock dates. By the end, you’ll know how to review and finalise BAS with accuracy.