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 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.
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Click Reports > Finance.
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On the top right, click New Report.
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For Report Type, select Business Activity Statement (BAS). (Note: Alternatively, select Simpler BAS, which only shows total sales, GST on sales and GST on purchases.)
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Set the payment date range.
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(Optional) Filter the report by practitioner.
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Click Run.
Updated