BAS summary
See the BAS labels for a period, such as G1, 1A, 1B, W1 and W2, with drill-down to the transactions behind each figure.
The problem it solves
Every BAS figure needs to be traceable to the transactions that make it up.
How it works
- Choose the period.
- Review the BAS labels.
- Drill into any figure to see its transactions.
What your practice gets
- Figures you can trace.
- Transaction appendix.
- Reconciled, summarised figures.
Watch it in the product
Short recordings of bas summary in use.
Questions accountants ask
Can I see what makes up a label?
Yes. Drill down to the transactions.
Does it lodge?
No. MYLEDGER reconciles and summarises the figures; you carry them into your own lodgement software. Fedix does not lodge.
Is there a tutorial?
Yes, see the BAS summary tutorial.
Related features
Features that work alongside bas summary.
GST settings and ABN check
Record GST registration, accounting method, reporting period and threshold, with an ABN lookup.
VideoTransaction ledger
Every transaction for the client is kept in one ledger that all MYLEDGER screens read from and write to.
GST reconciliation
Compare the GST in the ledger with the BAS figures, review the differences and keep a history of each reconciliation.
PAYG withholding from payroll journals
Wages and PAYG withheld (W1 and W2) come from the client's payroll journals rather than being retyped.
BAS period settings
Per-period BAS settings: adjustments, inputs such as PAYG instalments, account mapping and BAS journal posting.
VideoBAS client defaults
Set a client's BAS defaults once, so each period starts correctly.
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.