I remember well the Valvoline advertising campaign........oils ain't oils!!

Well I support that Data Entry is not just data entry! I

It is impossible to complete data entry without also being involved in determine tax codes and therefore  the allocation of GST. There are many situations where GST is not a straight 10% of the purchase and needs to be split. eg. shopping from a supermarket, insurance premiums. This of course has BAS implications.

To ensure the accuracy of BAS Lodgements, every transaction entered into MYOB should be cross referenced with the paper trail to check the value of GST. In some instances this is not possible - if a client does not produce receipts and only a bank statement or a bank statement with receipts of which some have been misplaced eg. fuel receipts.

It must be stressed that the ATO requires all transations  over $82.50 to be supported with a relevant tax invoice. In the case of a tax office audit - these receipts will be called upon.

Receipts make a Book Keepers life easier and make the clients records reliable - so keep all your receipts and provide them to your book keeper.