Assess the cash flow and payment options and arrangements andinitiate a discussion with management to ensure there are sufficient funds are available to meet the statutory requirements. Document the options and arrangements and the discussion. Identify, interpret and apply and record the GST principlesIdentify and code the purchases and/or payments, as per the GSTclassifications. Document this step.Identify and code the sales and/or receipts, as per GST classifications. Document this step.Process the accounting data to comply with tax and GST reporting requirementsFor the required reporting period, calculate and reconcile total salaries, wages and other payments to enter onto the BAS. Provide the calculations. Verify or calculate PAYGI amount, or calculate for other payments, where applicable. Provide the verification/calculations.Prepare and reconcile the activity statement reports, identifying and correcting statement errors, and amending bookkeeping entries as requiredReview any extraordinary transactions in the accounting system,including transactions involving capital acquisitions and imports. Document the review of these extraordinary transactions.Where necessary according to legislative guidelines, make adjustments for previous quarters, months or year-end. Record these adjustments, including the reasoning. Complete the BAS and IAS return according to current statutory,legislative, regulatory and organisational scheduleReconcile the figures completed on the BAS and IAS form with the journal entries, financial statements, GST and other control accounts. Document this reconciliation.