Question: TASK EIGHT: Completing the Wages section of the BAS Form You are required to complete the Wages section of the BAS return for the June

TASK EIGHT: Completing the Wages section of the
TASK EIGHT: Completing the Wages section of the BAS Form You are required to complete the Wages section of the BAS return for the June quarter, noting that the business pays the PAYGW monthly . [ Hint: refer to the Payroll Activity Summary Report for June 2020] PAYG Tax Withheld Total salary, wages and other payments Amount withheld from payments shown W2 $ at W1 Amount WIthheld where no ABN Is W 4 $ quoted Other amounts with held (excluding any W3 $ amount shown at W2 or W4} 9 Total payment amount (w2 + W4 + W3) 5' ' | ' ' .00 Extract and apply BAS and instalment activity statement (IAS) data according to legislative and regulatory requirements. Calculate and reconcile total salaries, wages and other payments for a reporting period to enter into a BAS. TASK NINE: Update records and systems in line with salary reviews (T 1P: Do this at the end once nished MYOB) Francis Flightie has had her annual workplace review, she has now received a 3% payrise. Explain in 250 words or less, how the record should be updated in the system to ensure this increase is processed in line with salary reviews

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