If you are a business registered for GST, you need to lodge a business activity statement (BAS) to the Australian Tax Office to report your GST and PAYG instalments.
The Business Activity Statement (BAS) Report in Halaxy automatically calculates your inputs for your monthly or quarterly business activity statement, including GST amounts owed to the Australian Tax Office from sales and purchases and the appropriate reference number for each category.
The BAS report accounts for GST on a cash basis. For income reporting on an accrual basis, you can use an Invoice report.
To run a BAS report:
Click Reports > Finance.
Click New Report at the top-right of the page.
In the Report Type field, select Business Activity Statement (BAS). Alternatively, you can run a Simpler BAS report by selecting Simpler BAS, which only shows total sales, GST on sales and GST on purchases.
Set the appropriate payment date range.
If desired, filter the report by practitioner.
RESULT: A BAS Report for the payment date range will be generated. You can Save, Export or Print the report as desired.