Prepare your BAS
Plain prepares the figures from your approved invoices, bills and pay runs. You review and approve them.
- Go to Tax & filings.
- Plain shows the current reporting period with every figure worked out from posted lines.
- Select Review source reports to see the invoices and bills behind each figure.
- Check the figures, then select Complete authorised review. An approver with authority over accounting must do this.
What Plain fills in on your BAS
| Label | What it includes |
|---|---|
| G1 | Total sales, including GST, less credit notes |
| G2 | Export sales (code EXPORT) |
| G3 | Other GST-free sales (code GST_FREE) |
| G4 | Input-taxed sales (code INPUT_TAXED) |
| G10 | Capital purchases (code CAPITAL) |
| G11 | Non-capital purchases |
| 1A | GST on sales |
| 1B | GST on purchases |
| W1 | Total salary, wages and other payments, from pay runs paid in the period |
| W2 | Amounts withheld (PAYG) from those pay runs |
Out-of-scope lines are left off. Total payable is 1A + W2 − 1B.
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