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Program solves the BAS blues

THE mere mention of the word BAS in a group will create an intense and heated debate – all negative.

Alex Page, from Optimal Business Solutions (OBS) in Queensland, claims a program created in Queensland that his company is now distributing in WA has solved his problems.

Frank Kohlmann, of Frank Kohlmann & Associates, who specialises in small business consulting in WA and is a partner in IT company Genisys Consulting said: “I found the program on the Internet for $49.95.

“I was staggered how easy it made my BAS, so I negotiated the distribution rights for WA.”

The program, CASH BAS, is a simple electronic cash receipts and cash book which automatically links to your Business Activity Statement.

“This MS Excel 2000 spreadsheet is very easy to use, with custom menu commands,” he said.

“Just fill in your Cash Receipts and Cash Payments Book on the screen, and the program automatically totals the relevant columns and displays them in your own BAS look-a-like, ready to transpose the data to the BAS sheet sent to you by the ATO every month/quarter.”

The program will do the following automatically:

l Work out the GST component of the GST-inclusive acquisitions and supplies (sales),

l Total all the columns,

l Post the appropriate totals to the correct boxes on your Business Activity Statement.

He says the only downside to it is that it runs in Excel 2000, and Office 98 won’t open it.

And he says it doesn’t replace Quickbooks and MYOB.

“The problem with these programs is they are aimed at accountants and other professionals that understand the complexities of acc-ounting,” Mr Kohlmann said.

“This is targeted to people who want to keep things simple. For BAS this is simple and fast. I now spend around two hours on my BAS.”

The program even contains worksheets to calculate adjust-ments in the Business Activity Statement, should these be required, he said.

A calculation sheet is also provided to determine the GST-free amount, the GST amount itself, the amount excluding GST, and the total GST-inclusive amount of your acquisitions or supplies (sales) for those businesses using the Simplified GST Accounting Method, i.e. some small food retailers with a range of GST-free, taxable and mixed sales.

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