The BASlink function in MYOB is a useful tool to help you prepare your Business Activity Statement. However, it can also be a hindrance if your BASlink is not setup correctly, and this often leads to incorrect information being reported to the ATO.
If you are familiar with using the BASlink function, ensure that all of the “Setup” fields in the GST worksheet do not include the N-T code. This code should only be used in the Asset, Liability and Equity sections of your MYOB.
If, however, you feel that I have just been speaking to you in another language, and you would like some help with your BASlink setup so that you can report correctly to the ATO, contact All Systems Go to arrange a time to meet and discuss further.