In a new EBS video, Melinda Pankhurst, Dynamics NAV Developer/Consultant at EBS explains how to process your BAS using the new 2013 version of Microsoft Dynamics NAV.
Using the BAS features available in Dynamics NAV 2013 makes your monthly BAS reporting easier. Dynamics NAV provides figures in the format required by the ATO which means your BAS reporting will be quicker and less error prone. There are three steps involved in processing your BAS in Dynamics NAV 2013:
Step 1 Import the BAS report and create your new BAS reporting period In Dynamics NAV
Step 2 Update this BAS with the figures from GST transactions that have been entered in Dynamics NAV
Step 3 Export the BAS figures and send the details to the ATO.