EDIT CATEGORY

BOOK KEEPING SETUP

In this window you can find:

Financial Year Starts From Month: allows you to insert the month that the financial year starts from e.g. 7 for July in Australia.
Edit Category : Lets you change your Income and Expenses names and setup the B.A.S. codes.

Printer Setup : This will bring up the windows printer setup window.

Change Bank Name : To add your new bank account names highlight the number (1-9). Click on Change Bank Name Details, type in the name and press ENTER then in the next box type in the account number and press ENTER again.

Exit and Retotal Year : This is the only exit from this screen and will re-total the current selected year at the same time.

EDIT CATEGORY

This allows you to setup your category names for expenses and income. You can name up to 69 expense categories and 30 income categories to suit your personal requirements.
The Print Codes Button will print a list of all the categories with there G code and setups.
To insert or change a name highlight the category number, select Change Category button.

Change Category Picture Below
Type in your category name in the first box.
Next enter a percentage of personal if used in this Category.
The accounting Group codes used for your accountant in the profit and loss print out. Just press 1 of the 5 button to set the group name to the category.
The GST Business Activity Statement fields contains 5 boxes along the bottom of the form . These allow you to indicate where in your Business Activity Statement this category belongs to. Eg. All Income categories (including GST-exempt) must be totalled up in the "G1" field in the Business Activity statement. Therefore, almost all income categories should include "G1" in any of the 5 boxes. Depending on your type of business, different categories may need to be shown on different fields in the Business Activity statement form. You can use any of the other boxes to indicate any more fields.

How to made easy
If you are not using PAYG do not use, T1
Income, G1, G3, T1, is the normal settings
Income Rent No GST, G1, G4, T1
Expenses, G11, G14, G15
Wages, W1
Wages Income Tax, W1, W2
Bank Fees G11, G13
***** See the chart below *****

You may also allocate the percentage for Personal/ Assets for that category e.g. fuel 60% may be personal for a vehicle. The OK button will return you to the category menu and save the changes made to the category name.

The exit button will return to the category menu without saving the changes.

Remember, whenever in doubt move the mouse cursor to the button you wish to select and read the message at the bottom of the screen.

****** PLEASE NOTE ******

VERSION 10 MUST HAVE NEW GROUP CODES ENTERED

HOW TO SETUP CATEGORIES IN BIZZ WIZZ LEDGER

*Category Change Window*			*Transaction Entry*
CATEGORY	GROUP CODE	B.A.S. CODES	AMOUNT ENTERED

Expenses Amount Tax Personal

Parts Purchase	SALES	G11			F	T
Accountant	GENAL	G11			F	T
Plant & Equipment	CAPAL	G10			F	T
BAS Payments	TAXES				F
Phone Expenses	GENAL	G11	G15		F	T	P
Petrol Expenses	GENAL	G11	G15		F	T	P
Bank Charges	GENAL	G11	G13		F
Wages	SALES or GENAL	W1			N
Wages Tax	SALES or GENAL	W1	W2		F
Car Rego	GENAL	G11	G14	G15	F	TC	P
Rent	MISCS	G11			F	T
Loan Repayment	CAPAL				F
Loan Interest	GENAL	G11	G13		F
Personal Drawings	MISCS	G11	G15		F		F
Super fund	GENAL				F		P
Rates / No Gst Fees	GENAL or MISCS	G11	G13	G15	F	TC	P

Income Amount Tax Personal

Invoices	SALES	G1	G3	T1	F	T
Bank Interest	GENAL	G1	G3	T1	F
Equipment Sales	CAPAL	G1	G3	T1	F	TP
Personal Injection	CAPAL				F		F
Tax Refund	TAXES				F		P

NOTE THIS CHART IS ONLY A GUIDE                                                                                       F = Full Amount
IF YOU NEED MORE INFORMATION                                                                                          N = Net Amount
RING BIZZ WIZZ ON 93490255                                                                                                    T = GSTax in Full
                                                                                                                                                            TC = GSTax Claimable
                                                                                                                                                              including GST on any Personal
                                                                                                                                                            TP = GSTax Payable
                                                                                                                                                             P = Personal if Applicable