Australian Business Activity Statement
Tax Reporting enables you to prepare an Australian Business Activity Statement (BAS) report. The Business Activity Statement object enables you to prepare an Australian Business Activity Statement report from the Business Activity Statement record page. In the preparation process, the report boxes that correspond to the object fields are completed automatically. You can also manually complete them but, in this case, be aware that the information entered is not linked to any transactions and therefore you cannot reconcile them. For more information, see Manual Adjustments.
You cannot submit your BAS reports to the Australian Taxation Office (ATO) directly from Tax Reporting. You have the following options for the submission:
- Submission via your online accounting software.
- Submission through your myGov account if you are a sole trader.
- Submission through the ATO's online business portal.
- Submission by a registered tax or BAS agent. This agent is generally an accountant or bookkeeper.
From the Notes & Attachments section on the Related tab, you can upload any documents to be considered for the submission to the ATO.
For more information, see Creating a Business Activity Statement.