BAS Category

Note: This menu option is not available in the Cloud environment.

The Business Activity Statement (BAS) is a form submitted to the Australian Taxation Office to report tax obligations. The BAS Reconciliation report is helpful in completing this report. It exports charge records that are associated with BAS categories. It is run weekly to calculate taxes associated with agent activity and compared to the actual tax. Use this option to create the BAS categories.

To add BAS categories:

1. Select BAS Category from the Taxes menu to display the BAS Category screen.

   
2. Click the Add icon and complete the following fields.

   Field	Type	What to enter
   CATEGORY	open (8)	Enter a name for this BAS category.
   DESCRIPTION	open (30)	Enter a description of the BAS category.
   INCLUDE FOR RCTI	yes/no	Indicate whether this category should be included for RCTI (recipient-created tax invoice). When the BAS Reconciliation report is run, charges will be exported for agents only if the BAS category of the charge is included for RCTI.

3. Click OK to save the BAS category in the database or Add Another to save the existing record and add another category.