Activity Statement (BAS)
accounting systems have
"add-ons" or Excel spreadsheets to meet the requirements
of the Business Activity Statement, these have proven to be difficult to
configure and use. As a second generation
product Web Ledger was designed around BAS and GST
requirements, so BAS is an integral part of Web Ledger. You can produce
your BAS report with a simple click of a
button, VillageMall even completes the Cheque or
always view, in real-time, your BAS details, which is useful for tracking your
liabilities and managing your cash flow, no more end of month/quarter BAS
hassles. VillageMall also supports BAS drill down within each BAS fields so you can see
what makes up the field value. Additionally there is a special No Tax report to make sure that all items are
correctly accounted for.
Web Ledger processing BAS and GST is no more difficult
than issuing an invoice or purchase order.