Business activity statement (BAS)

This article provides information about the Business activity statement (BAS) for Australia. The BAS is a form that all businesses submit to the Australian Taxation Office (ATO) to report their taxation obligations.

The Business activity statement (BAS) feature is designed to help you fill in your BAS. The statement resembles the calculation worksheet that the ATO provides when you receive the BAS form in the mail.

The BAS includes the following taxation liabilities:

• Goods and Services Tax (GST) amounts that you owe the ATO from sales
• GST amounts that the ATO owes you from purchases
• Pay-As-You-Go (PAYG) Tax Withheld
• PAYG Installment
• Fringe Benefit Tax (FBT)

Set up sales tax reporting codes

Set up sales tax reporting codes by following the instructions in Set up sales tax reporting codes. The following reporting codes are associated with fields on the BAS report.

Report layout	Reporting code	Report text	Report setup	Field on the BAS report
GST
Default	1	G1 Total sales & income and other supplies	Taxable sales and Sales tax payable	G1
Default	2	G2 GST free exports	Tax-free sales or Taxable sales	G2
Default	3	G3 Other GST free supplies	Tax-free sales or Taxable sales	G3
Default	4	G4 Input taxed sales & income and other supplies	Taxable purchases and Sales tax receivable	G4
Default	7	G7 Adjustment payable	Sales tax payable	G7
Default	10	G10 Capital acquisitions	Taxable purchases and Sales tax receivable	G10
Default	11	G11 Other acquisitions	Taxable purchases and Sales tax receivable	G11
Default	18	G18 Adjustment (credit)	Sales tax receivable	G18
Default	1013	G10 and G13 Acquisitions for making input taxed sales, income, and other supplies	Taxable purchases and Sales tax receivable	G10 and G13
Default	1014	G10, G14 Capital acquisitions with no GST in the price	Tax-free purchases or Taxable purchases	G10 and G14
Default	1015	G10, G15 Capital acquisitions for private use or with non-deductible tax Note: On the Sales tax codes page (Tax > Indirect taxes > Sales tax > Sales tax codes), enter a value in the Non deductible field for the sales tax code that uses this reporting code in the setup.	Taxable purchases and Sales tax receivable	G10 and G15
Default	101	1C Wine equalization tax payable	Sales tax payable	1C
Default	102	1D Wine equalization tax refundable	Sales tax receivable	1D
Default	201	1E Luxury car tax payable	Sales tax payable	1E
Default	202	1F Luxury car tax refundable	Sales tax receivable	1F

You can also set up the following reporting codes, and then make transactions or manually fill in corresponding fields of the BAS report. For more information, see the Generate additional BAS report boxes for the settlement period section later in this article.

Report layout	Reporting code	Report text	Field on the BAS report
Default	700	7 Deferred company/ fund installment	7
Default	701	7A Deferred GST on imports	7A
Default	400	4 Pay-As You Go Withholding	4
Default	501	5A Pay As You Go Installment	5A
Default	502	5B Credit arising from reduced Pay As You Go installment	5B
Default	31	W1 Total of salary, wages, and other payments	W1
Default	32	W2 Amounts withheld from salary, wages, and other payments	W2
Default	33	W3 Amounts withheld from investment distributions where no TFN is quoted	W3
Default	34	W4 Amounts withheld from payment of invoices where no ABN is quoted	W4
Default	51	T1 Installment income	T1
Default	601	6A Fringe benefit tax installment	6A
Default	602	6B Credit arising from fringe benefits tax installment	6B
Default	61	F1 ATO-calculated fringe benefits tax installment	F1
Default	62	F2 Estimated total fringe benefits tax payable	F2
Default	63	F3 Varied fringe benefits tax installment	F3

You can also set up the following reporting codes. However, we recommend that you use reporting codes 1013 through 1015, which generate both field G10 and fields G13 through G15, because the amount in field G10 of the BAS report must contain the amounts in fields G13 through G15.

Report layout	Reporting code	Report text	Field on the BAS report
Default	13	G13 Acquisitions for making input taxed sales & income and other supplies	G13
Default	14	G14 Acquisitions with no GST in the price	G14
Default	15	G15 Non-income tax deductible acquisitions	G15

Set up the BAS

1. In Microsoft Dynamics 365 Finance, go to Organization administration > Organizations > Legal entities.

2. On the Legal entities page, on the Tax registration FastTab, in the Tax registration number field, enter the tax registration number.

3. In Microsoft Dynamics Lifecycle Services (LCS), in the Shared asset library, download the latest versions of the Electronic reporting (ER) configurations for the following report format:

   • BAS(AU)

   For more information, see Download Electronic reporting configurations from Lifecycle Services.

4. Back in Finance, go to General ledger > Ledger setup > General ledger parameters.

5. On the Sales tax tab, set the Apply sales tax taxation rules option to No.

6. In the Format mapping field, select the BAS(AU) format that you downloaded earlier.

Set up additional BAS report boxes

Set up an additional BAS reconciliation account

1. Go to Tax > Setup > Sales tax > Additional BAS reconciliation account.
2. In the BAS reconciliation account field, specify the ledger account that will be used in the Settle and post GST procedure to post sales tax amounts that are manually entered.

Set up PAYG reason codes

1. Go to Tax > Setup > Sales tax > BAS PAYG reason codes.
2. Select New, and set the Reason code and Description fields.

For a list of PAYG reason codes, see PAYG reason codes.

Set up fringe benefit reason codes

1. Go to Tax > Setup > Sales tax > BAS fringe benefit reason codes.
2. Select New, and set the Reason code and Description fields.

For a list of fringe benefit reason codes, see FBT reason codes.

Generate and print the BAS report

Generate additional BAS report boxes for the settlement period

1. Go to Tax > Declarations > Sales tax > Additional BAS report boxes.

2. Select New, and set the following fields.

   Field	Description
   Settlement period	Select the settlement period for sales tax reporting.
   From date	Enter the start date of the settlement period.
   To date	Enter the end date of the settlement period.
   Document identification number	Enter the document identification number for the BAS.
   Date	The date when tax is settled. This field is automatically set when you create a sales tax payment.
   Voucher	The voucher number of the sales tax payment. This field is automatically set when you create a sales tax payment.

   

   Note

   When you create a sales tax payment, the date and voucher are filled in for the period, and you can no longer edit the line. If a line on the Additional BAS report boxes page wasn't manually created, it's automatically created when the Sales tax payment or Settle and post GST procedure is run.

3. On the Cover page tab, manually set the following fields if you didn't post tax transactions on the corresponding reporting codes.

   Field	Description
   7 Deferred installment	Enter the company or fund of the deferred installment.
   7A Deferred GST on imports	This field isn't used in the official BAS form. Note: In earlier versions of official BAS form, you could use this field to enter the deferred GST amount on imports that organizations can use under the Deferred GST Imports Scheme.
   1G Credit for wholesale sales tax	This field isn't used in the official BAS form. Note: In earlier versions of the official BAS form, you could use this field to enter the sales tax for items that are traded wholesale.
   5B Credit from PAYG	Enter the credit that is created when PAYG installments are reduced.
   6B Credit fringe benefits tax	Enter the credit that is created when FBT installments are reduced.

4. On the Back cover page tab, manually set the following fields if you didn't post tax transactions on the corresponding reporting codes.

   Field	Description
   W1 Total payroll	Enter the total for salary, wages, and other payments.
   W-2 Withheld from payroll	Enter the amount that is withheld from salary, wages, and other payments.
   W3 Withheld from investment where no TFN	Enter the amount that is withheld from investment distributions that no tax file number (TFN) is available for.
   W4 Withheld from invoices where no ABN	Enter the amount that is withheld from invoice payments that no Australian Business Number (ABN) is available for.
   T1 Installment income	Enter the PAYG installment income.
   T2 Installment rate	Enter the PAYG commissioner's installment rate as a percentage.
   T3 New varied installment rate	Enter the PAYG new varied installment rate as a percentage.
   T4 Reason for variation	Select the reason code for the variation. The list of available reason codes is shown on the BAS PAYG reason codes page. For more information, see the Set up PAYG reason codes section earlier in this article.
   F1 ATO fringe benefit	Enter the FBT installment that is calculated by the ATO.
   F2 Estimated total fringe benefits	Enter the estimated total FBT that must be paid.
   F3 Varied fringe benefits tax	Enter the varied FBT installment.
   F4 Reason for variation	Select the reason code that explains why the amount on the BAS was changed. The list of available reason codes is shown on the BAS fringe benefit reason codes page. For more information, see the Set up fringe benefit reason codes section earlier in this article.
   7C Fuel tax credit over claim	This field isn't used in the official BAS form. Note: In earlier versions of the official BAS, you could use this field to enter the amount of credit that must be claimed on tax for fuel that was used for business activities, machinery, plant equipment, and heavy vehicles.
   7D Fuel tax credit	This field isn't used in the official BAS form. Note: In earlier versions of the official BAS, you could use this field to enter the amount that you want to reduce your previously claimed fuel tax refund by.

Generate and preview a BAS report, and settle and post GST

1. Go to Tax > Declarations > Sales tax > Australian BAS.
2. In the Australian BAS dialog box, set the following fields.

Field	Description
Settlement period	Select the settlement period.
From date	Enter the start date of the settlement period.
Transaction date	Enter the posting date for the sales tax settlement.
Sales tax payment version	Select the version of the sales tax report to settle: Original – Include sales tax transactions of the first settlement calculation that was posted for the period. Corrections – Include sales tax transactions of subsequent settlement calculations for the period. Latest corrections – Include sales tax transactions of the last settlement calculation that was posted for the period. Total list – Include all sales transactions for the period. These transactions include original and corrected transactions.
Post and settle GST	Set this option to Yes to post and settle the transactions for GST and create a sales tax payment. Before you complete the Post and settle GST procedure, make sure that you set up the BAS reconciliation account as described in the Set up an additional BAS reconciliation account section earlier in this article.

3. Select OK.
4. In the Print Australian BAS dialog box, select OK.

Note

You can find the form for the 2020 official Quarterly BAS report in BAS C - Quarterly business activity statement. For GST, option 1 is supported. For PAYG, option 2 is supported.

5. On the generated BAS report, you can review the following data. You can then use the data to fill in the official BAS form.

Note

In the following table, in the formulas in the "Calculation" column, brackets ([…]) enclose the values of reporting codes.

Field	Description	Calculation	Reference to the box in official BAS report
G1	Total sales and income and other supplies	[1] + G2 + G3 + G4	G1
G2	Exports	[2]	G2
G3	Other GST-free supplies	[3]	G3
G4	Input taxed sales and income and other supplies	[4]	This data isn't printed. It's used to calculate G9.
G5	Total GST-free and input taxed supplies	G2 + G3 + G4	This data isn't printed. It's used to calculate G9.
G6	Total taxable supplies	G1 – G5	This data isn't printed. It's used to calculate G9.
G7	Adjustments	[7] or the manual calculation on the Additional BAS report boxes page. For more information, see the Generate additional BAS report boxes for the settlement period section earlier in this article.	This data isn't printed. It's used to calculate G9.
G8	Total taxable supplies after adjustments	G6 + G7	This data isn't printed. It's used to calculate G9.
G9	GST on sales	The sales tax amount that is included in G1 + [9]	This data isn't printed. It's used to calculate 1A.
G10	Capital acquisitions	[10] + [1013] + [1014] + [1015]	G10
G11	Other acquisitions	[11] + G13 + G14 + G15	G11
G12	Total acquisitions	G10 + G11	This data isn't printed. It's used to calculate G20.
G13	Acquisitions for making input taxed sales and income and other supplies	[13] + [1013]	This data isn't printed. It's used to calculate G20.
G14	Acquisitions with no GST in price	[14] + [1014]	This data isn't printed. It's used to calculate G20.
G15	Total of estimated private use of acquisitions and non-income tax deductible acquisitions	[15] + [1015]	This data isn't printed. It's used to calculate G20.
G16	Total of non-creditable acquisitions	G13 + G14 + G15	This data isn't printed. It's used to calculate G20.
G17	Total of creditable acquisitions	G12 – G16	This data isn't printed. It's used to calculate G20.
G18	Adjustments	[18]	This data isn't printed. It's used to calculate G20.
G19	Total of creditable acquisitions after adjustments	G17 + G18	This data isn't printed. It's used to calculate G20.
G20	GST on purchases	The sales tax amount that is included in G12	This data isn't printed. It's used in 1B.
W1	Total of salary, wages, and other payments	[31] or the manual calculation on the Additional BAS report boxes page	W1
W2	Amounts withheld from salary, wages and other payments	[32] or the manual calculation on the Additional BAS report boxes page	W2
W3	Amounts withheld from investments distributions where no tax file number (TFN) is quoted.	[33] or the manual calculation on the Additional BAS report boxes page	W3
W4	Amounts withheld from payment of invoices where no Australian business number (ABN) is quoted.	[34] or the manual calculation on the Additional BAS report boxes page	W4
T1	Installment income	[51] or the manual calculation on the Additional BAS report boxes page	T1
T2	Commissioner's installment rate	[52] or the manual calculation on the Additional BAS report boxes page	T2
T3	New varied installment rate	[53] or the manual calculation on the Additional BAS report boxes page	T3
T4	Reason for variation	The value from the Additional BAS report boxes page	T4
F1	ATO-calculated fringe benefits tax installment	[61] or the manual calculation on the Additional BAS report boxes page	F1
F2	Estimated total fringe benefits tax payable	[62] or the manual calculation on the Additional BAS report boxes page	F2
F3	Varied fringe benefits tax installment	[63] or the manual calculation on the Additional BAS report boxes page	F3
F4	Reason for fringe benefits tax variation	The value from the Additional BAS report boxes page	F4
1A	Goods and services tax payable	G9	1A
1B	Credits for goods and services tax paid	G20	1B
1C	Wine equalization tax payable	[101] or the manual calculation on the Additional BAS report boxes page	1C
1D	Wine equalization tax refundable	[102] or the manual calculation on the Additional BAS report boxes page	1D
1E	Luxury car tax payable	[201] or the manual calculation on the Additional BAS report boxes page	1E
1F	Luxury car tax refundable	[202] or the manual calculation on the Additional BAS report boxes page	1F
1G	Credit for wholesale sales tax	The value from the Additional BAS report boxes page	Not used
2A	Total amounts you owe the ATO	1A + 1C + 1E	Not used
2B	Total amounts the ATO owes you	1B + 1D + 1F + 1G	Not used
3	GST net amount	2A – 2B	Not used
4	PAYG tax withheld	W2 + W3 + W4 + [400]	4
5A	PAYG installment	T1 × T3 ÷ 100, if T3 is entered. Otherwise, T1 × T2 ÷ 100.	5A
5B	Credit arising from reduced PAYG installments	[502] or the manual calculation on the Additional BAS report boxes page	5B
6A	FBT installment	F3, if a value is entered for that field. Otherwise, F1.	6A
6B	Credit arising from reduced FBT installments	[602] or the manual calculation on the Additional BAS report boxes page	6B
7	Deferred company or fund installment	[700] or the manual calculation on the Additional BAS report boxes page	7
7A	Deferred GST on imports	[701] or the manual calculation on the Additional BAS report boxes page	Not used
7C	Fuel tax credit over claim	The value from the Additional BAS report boxes page	Not used
7D	Fuel tax credit	The value from the Additional BAS report boxes page	Not used
8A	Total amounts you owe the ATO	2A + 4 + 5A + 6A + 7 + 7A	8A
8B	Total amounts the ATO owes you	2B + 5B + 6B	8B
9	Net amount for the statement	8A – 8B, if 8A > 8B. 8B – 8A, if 8B > 8A.	9

 

Generate an E-BAS XML file

In the Print Australian BAS dialog box, set the Generate E-BAS option to Yes to generate the E-BAS statement. If you set this option on the Select a file page, browse to the XML file that you want to use as a template.

For example, create an XML template file that contains the following information.

<?xml version="1.0" encoding="UTF-8"?>

<DATA>
        field ID="fA1">BAS1</field>
        <field ID="fA3">1/1/2020</field>
        <field ID="fA4">31/3/2020</field>
        <field ID="fMANUAL_MODE">true</field>
    <FIELD\_LIST>
    </FIELD\_LIST>
</DATA>

Replace the values in the fA1, fA3, and fA4 fields with the document identification number and dates that you require. To use this XML file as a template, browse to it on the Select a file page.

Note

If you've previously selected the Generate E-BAS option, you don't have to generate the XML file again the next time that you run the procedure. Instead, follow these steps:

1. Go to Settings > User options.
2. Select Usage data.
3. On the General tab, select Reset.

Print the BAS report from Sales tax payments page

1. Go to Tax > Inquiries and reports > Sales tax inquiries > Sales tax payments.
2. Select the required line.
3. Select Print Australian BAS.

Print the BAS report from the Additional BAS report boxes page

1. Go to Tax > Declarations > Sales tax > Additional BAS report boxes.
2. Select the required line.
3. Select Additional BAS report boxes > Print Australian BAS.

Example

Generate the BAS statement

The following example shows how you can set up sales tax codes and sales tax reporting codes, post transactions, and generate and print the BAS report. It uses the USMF legal entity.

1. Go to Organization administration > Organizations > Legal entities.
2. On the Tax registration FastTab, in the Tax registration number field, enter AU89434123400.
3. Go to Tax > Indirect taxes > Sales tax > Sales tax codes, and set up the following sales tax codes.

Sales tax code	Percentage	Description
CAPITAL	10	Capital acquisitions at a rate of 10 percent.
GST	10	Taxable sales and purchases at a rate of 10 percent.
NONDED CAP	10 (non-deductible part = 25%)	Capital acquisitions at a rate of 10 percent, where the non-deductible part of tax is 25 percent.
EXPORTS	0	Export sales where the Exempt option is set to Yes.
FREE	0	GST-free sales and purchases where the Exempt option is set to Yes.
CAPFREE	0	GST-free capital acquisitions where the Exempt option is set to Yes.
LUX	10	Luxury car sales and purchases at a rate of 10 percent.

 

4. On the Report setup FastTab, assign reporting codes to sales tax codes.

   The following table shows how to assign the sales tax reporting codes to sales tax codes.

Sales tax code	Taxable sales	Tax-free sale	Sales tax payable	Taxable purchases	Tax-free purchase	Sales tax receivable
CAPITAL				10		10
GST	1		1	11		11
NONDEDCAP				1015		1015
EXPOTRS	2	2
FREE	3	3
CAPFREE				1014	1014
LUX			201			202

 

Note

This configuration is just an example and depends on the structure of the sales tax codes that are used. If you want values to be calculated and transferred to the sales tax report, for each tax code that is used in the sales tax payment process, you must set a relevant sales tax reporting code in one or more fields on the Report setup tab.

5. Post the following transactions.

For example, for customer invoices, go to Accounts receivable > Invoices > All free text invoices. For vendor invoices, go to Accounts payable > Invoices > Invoice journal.

Date	Transaction type	Amount net	VAT amount	Sales tax code	Amount is expected on the reporting code	Amount is expected on BAS report in the field
January 1, 2020	Customer invoice	2,000	200	GST	1	G1
January 1, 2020	Vendor invoice	800	80	CAPITAL	10	G10
January 1, 2020	Vendor invoice	1,400	140 (includes a non-deductible amount of 35)	NONDEDCAP	1015	G10, G15
January 1, 2020	Vendor invoice	700	0	CAPFREE	1014	G10, G14
January 1, 2020	Customer invoice	1,200	0	EXPOTRS	2	G2
January 1, 2020	Customer invoice	500	0	FREE	3	G3
January 1, 2020	Customer invoice	300	30	LUX	201	1E

 

6. Go to Tax > Declarations > Sales tax > Additional BAS report boxes.
7. Select New, and create the following line.

Settlement period	From date	To date	Document identification number
ND	1/1/2020	3/31/2020	BAS1

 

8. Go to Tax > Declarations > Sales tax > Australian BAS.
9. In the Australian BAS dialog box, set the following values:

• Settlement period: ND
• From date: 1/1/2020
• Transaction date: 1/1/2020

10. Select OK.
11. In the Print Australian BAS dialog box, set the Generate E-BAS option to No.
12. Select OK, and review the following data in the printed form.

Field	Description	Value
GST
G1	Total sales and income and other supplies	3,900 (= 2,000 + 200 + 1,200 + 500)
G2	Exports	1,200
G3	Other GST-free supplies	500
G5	Total GST-free and input taxed supplies	1,700 (= 1,200 + 500)
G6	Total taxable supplies	2,200 (= 3,900 – 1,700)
G8	Total taxable supplies after adjustments	2,200
G9	GST on sales	200
G10	Capital acquisitions	3,120 (= 800 + 80 + 700 + 1,400 + 140)
G12	Total acquisitions	3,120
G14	Acquisitions with no GST in price	700
G15	Total of estimated private use of acquisitions and non-income tax deductible acquisitions	385 (= [1,400 + 140] × 25%)
G16	Total of non-creditable acquisitions	1,085 (= 700 + 385)
G17	Total of creditable acquisitions	2,035 (= 3,120 – 1,085)
G19	Total of creditable acquisitions after adjustments	2,035
G20	GST on purchases	185 (= 80 + [140 × 75%])
Totals
1A	Goods and services tax payable	200
1B	Credits for goods and services tax paid	185
1E	Luxury car tax payable	30
2A	Total amounts owed to the ATO	230 (= 200 + 30)
2B	Total amounts owed by the ATO	185
3	GST net amount	45 (= 230 – 185)
8A	Total amounts owed to the ATO	230
8B	Total amounts owed by the ATO	185
9	Net amount for the statement	45 (= 230 – 185)

13. Create an XML file that contains the following information.

<?xml version="1.0" encoding="UTF-8"?>
<DATA>
        <field ID="fA1">BAS1</field>
        <field ID="fA3">1/1/2020</field>
        <field ID="fA4">31/3/2020</field>
        <field ID="fMANUAL_MODE">true</field>
    <FIELD_LIST>
    </FIELD_LIST>
</DATA>

14. Go to Tax > Declarations > Sales tax > Australian BAS.
15. In the Australian BAS dialog box, set the following values:

• Settlement period: ND
• From date: 1/1/2020
• Transaction date: 1/1/2020

16. Select OK.
17. In the Print Australian BAS dialog box, set the Generate E-BAS option to Yes, and then select OK.
18. Browse to the XML file that you created in step 13 to generate the printed form and XML file.
19. Select OK, and review the following data in the XML file.

<?xml version="1.0" encoding="UTF-8"?>
<DATA>
        <field ID="fA1">BAS1</field>
        <field ID="fA3">1/1/2020</field>
        <field ID="fA4">31/3/2020</field>
        <field ID="fMANUAL_MODE">true</field>
    <FIELD_LIST>
    <FIELD
    ID="fG10"><VALUE>3120</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG1"><VALUE>3900</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="f1E"><VALUE>30</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG2"><VALUE>1200</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG3"><VALUE>500</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG9"><VALUE>200</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG14"><VALUE>700</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG15"><VALUE>385</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD><FIELD
    ID="fG20"><VALUE>185</VALUE><IS_EDITABLE>true</IS_EDITABLE><VISIBILITY>normal</VISIBILITY></FIELD>
    </FIELD_LIST>

</DATA>

Generate a BAS statement with manual transactions

1. Go to Tax > Setup > Sales tax > BAS PAYG reason codes.
2. Select New, and create the following line.

Reason code	Description
21	Change in investments

3. Go to Tax > Setup > Sales tax > BAS fringe benefit reason codes.
4. Select New, and create the following line.

Reason code	Description
22	Current business structure not continuing

5. Go to Tax > Declarations > Sales tax > Additional BAS report boxes.
6. Select New, and set the following values:

• Settlement period: ND
• From date: 4/1/2020
• To date: 6/30/2020

7. On the Cover page tab, set the following values.

Field	Value
7 Deferred installment	100
7A Deferred GST on imports	200
1G Credit for wholesale sales tax	300
5B Credit from PAYG	400
6B Credit fringe benefits tax	500

8. On the Back cover page tab, set the following values.

Field	Value
W1 Total payroll	600
W-2 Withheld from payroll	700
W3 Withheld from investment where no TFN	800
W4 Withheld from invoices where no ABN	900
T1 Installment income	1,000
T2 Installment rate	10
T3 New varied installment rate	15
T4 Reason for variation	21
F1 ATO fringe benefit	1,100
F2 Estimated total fringe benefits	1,200
F3 Varied fringe benefits tax	1,300
F4 Reason for variation	22
7C Fuel tax credit over claim	1,400
7D Fuel tax credit	1,500

9. Go to Tax > Declarations > Sales tax > Australian BAS.
10. In the Australian BAS dialog box, set the following values:

• Settlement period: ND
• From date: 4/1/2020
• Transaction date: 4/1/2020
• Post and settle GST: Yes

11. Select OK.
12. Go to Tax > Inquiries and reports > Sales tax inquiries > Sales tax payments.
13. Select the required line, select Voucher, and review the following data.

Description	Debit	Credit
7 Deferred installments	100
7A Deferred GST on imports	200
1G Credit for wholesale sales tax		300
5B Credit from PAYG		400
6B Credit fringe benefits tax		500
Pay as you go withholding	2,400 (= 700 + 800 + 900)
Pay as you go – installment	150 (= 1,000 × 0.15)
Fringe benefits tax installment	1,300
7C Fuel tax credit over claim	1,400
7D Fuel tax credit		1,500

Note

Transactions weren't generated for amounts in fields W1, F1, and F2, because those fields aren't related to tax.