re: still having trouble with liability account

[cazza]

I'm still having trouble with my liability accounts (see post 9th March 04).

I did what you said Gibbo and went back and changed each deposit/cheque appropriately with PAYG liability and Tax Payable). This correctly changed my liabilty accounts but when I now go to do March BAS it gives me an incorrect PAYG Tax withholding as there was a payment to ATO for Feb PAYG recorded in March.

It is taking up the amounts that I am paying to ATO and including them in the BAS and giving me a negative figure to pay for PAYG to ATO in March.

What am I doing wrong?

[gibbo]

What you need to do is to separate the Payments to the ATO from the Withholding. Under your PAYG Liability account create two sub accounts - one for the withholding and one for the payments to the ATO. You will need to move the existing transactions to the correct subaccount. In your BAS reporting, link only the withholding subaccount and it will not see the payments. Normally the BAS reporting works from tax codes, but for withholding it uses the accounts, so if it is in it, it sees it. the only way to fix it is to get it out of the account.