What this screen is for
This screen builds a BAS from your accounting data. Choose quarterly or monthly, then pick the period. The GST calculation worksheet fills in the G labels (total sales, export sales, GST-free sales and the purchase side) and the PAYG section carries the tax withheld from payroll; every field remains editable. The BAS summary then shows 1A GST on sales, 1B GST on purchases, the 8A/8B net GST figure, 5B PAYG tax withheld and label 9, the total you owe the ATO or it owes you.
When to use it
Use it at the end of each BAS period. Save as draft while you are still checking, then finalise. Saved reports are listed below with their status, and a finalised one can be marked as lodged once you have lodged it with the ATO. The screen prepares the statement; it does not lodge it for you.
What you see on this screen
Four cards head the page: GST on Sales (1A) with the number of journal entries behind it, GST on Purchases (1B), PAYG Withheld (W2) from payroll entries, and Total Payable (9), marked payable or refundable.
GST Calculation Worksheet runs in three blocks.
Sales & Income — G1 Total sales (including any GST), G2 Export sales, G3 Other GST-free sales, G4 Input taxed sales, G5 (G2 + G3 + G4), G6 Total sales subject to GST (G1 less G5), G7 Adjustments (if any), G8 Total sales subject to GST after adjustments, G9 GST on sales (1A).
Purchases & Expenses — G10 Capital purchases (including GST), G11 Non-capital purchases (including GST), G12 (G10 + G11), G13 Purchases for making input taxed sales, G14 Purchases with no GST in price, G15 Estimated purchases for private use or not income tax deductible, G16 (G13 + G14 + G15), G17 Total purchases for GST credits (G12 less G16), G18 Adjustments (if any), G20 GST on purchases (1B).
PAYG Tax Withheld — W1 Total salary, wages and other payments; W2 Amount withheld from payments shown at W1; W3 Other amounts withheld; W4 Amount withheld from payments shown at W3.
BAS Summary then gives 1A GST on sales or GST instalment, 1B GST on purchases, 8A Net GST payable or 8B Net GST refundable, 5B PAYG tax withheld, and 9 Total amount you owe the ATO or Total amount the ATO owes you. A Notes box takes any remarks about the period.
Saved BAS Reports lists earlier statements with Period, GST on Sales, GST on Purchases, Net GST, Total Payable, Status and Actions.
Filters and actions
Choose Quarterly or Monthly, then Select Period. Every worksheet field can be typed over; the computed lines recalculate as you go. Save as Draft keeps work in progress, Finalise BAS closes it off, and Mark Lodged records that you have lodged it with the ATO. Delete BAS Report removes a saved statement and cannot be undone.
Status values
- draft — still being worked on, and freely editable
- finalised — closed off and ready to lodge
- lodged — recorded as lodged with the ATO