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Can a sole trade claim use accruals to workout the fail in turnover, if there BAS is sumbittted using the cash method??
I have looked everywhere and it appears there is no direct answer to this question.
Yes you can choose to compare using cash or accrual basis. However, the ATO has announced recently that if you choose to compare using the method that is different from your BAS reporting, you need to be able to explain why if you are asked.