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In April 2016 we rolled out the GST Calculations for the Business Activity Statement in Australia. While the functionality is the same as the other Sales Tax / GST modules around the world, some of the tax codes must be correct. For users who were on Actionstep Prior to the Rollout, adjustments will need to be made.

 

Below is the full description of the functionality for Australia - which is pretty much the same as these three pages in the user guide:

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Actionstep helps you complete this document by providing a report which does the calculations and locks any affected general ledger (GL) transactions to prevent them from being modified (since you have reported them to the ATO it is important they are not modified).

Beta status

This facility has been rolled out with our Trust Accounting upgrade and is not completely tested in a real world environment. We do not take any responsibility for the calculations used in this report and it is up to you to verify the numbers manually before submitting your BAS to the ATO.

If you discover any inconsistencies with the report, please contact actionstep as soon as possible so that we can amend the report. If you are 100% happy – we’d be keen to know that too.

Disclaimer

Actionstep provides the BAS report as a shortcut to calculating your BAS data. We can only calculate the data we have been given and your business is ultimately responsible for any data given to the ATO. Actionstep does not provide advice for tax matters and if you have any concerns or if you are unsure on how to file your BAS or the content of your BAS we recommend you speak to an accountant or other expert in Australian tax law. This user guide content is purely to explain how to use the BAS report in Actionstep.

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