Book Keeping, BAS, IAS, and Annual GST Return Services in Australia
Book keeping:-Book keeping is the analyzing , classifying and recording of
the financial transactions and information pertaining to a business. It ensures
that records of the individual financial transactions are correct, up-to-date
and comprehensive. Book keeping provides the information from which accounts
are prepared. It is a distinct process that occurs within the broader scope
of accounting.
Business Activity
Statement (BAS):- BAS has been designed to provide one statement for most taxes
and allows for the offset of the different taxes in a period.
Instalment Activity
Statement (IAS):- An Instalment Activity
Statement is a form used by taxpayers who are not registered for the GST. IAS
is also the form required to be lodged by entities that prepare a quarterly BAS
but are required to remit their PAYG withholding tax on a monthly basis because
they are a medium withholder.
Annual GST Return:-An annual return has to
be filed once in a year by the registered taxpayers under GST including those
registered under composition levy scheme.
Cygnus is group of
professional accountants. We are providing financial and accounting
services to people of Australian country. We are dominate and trusted
outsourcing partner with many accounting and financial firms in Australia.
Call us +61
283109800 or write an email sales@cygnusaccountants.com.au for any
query.
For more information
please click- http://www.cygnusaccountants.com.au/book-keeping-bas-return/
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