GL - BAS Parameters

GL BAS Parameters Overview

This is where the parameters and system defaults are set up for the collation of Business Activity Statement (BAS) data in TASS.web.

Upon entry to this program, the 'BAS Parameters' screen is displayed. Three tabs are available for the setup of your entity's BAS parameters:

The 'Parameters' tab.
The 'GST Setups' tab.
The 'PAYG Setups' tab.

Important!

Setting up these parameters is very important as it is these setups that determine which GST codes are used in calculating each reported section (e.g. G1 – Total Sales, G10 – Capital Purchases) on your BAS Period Details Report.

Parameters Tab

Fields that require further explanation
BAS Form ID	This is a read-only field, which has been preloaded with the default form identifiers developed by the Australian Taxation Office (ATO) and preloaded into TASS.web. The values available for selection are: BAS-A Quarterly Business Activity Statement (Nat 4189). BAS-C Quarterly Business Activity Statement (Nat 4195). BAS-D Quarterly Business Activity Statement (Nat 4191). BAS-F Quarterly Business Activity Statement (Nat 4190). BAS-G Monthly Business Activity Statement (Nat 4235). For a detailed explanation of these forms go to the Australian Taxation Office website and click on the 'Sample Activity Statements' link.
BAS Frequency	The BAS lodgement frequency. This field is read-only and populated in accordance with the BAS Form ID previously selected.
Deletion Password	Security password, which you will be prompted to enter if you attempt to delete a BAS period's details.

GST Setups Tab

This is where you define the tax codes used in the calculation of GST on supplies (income), which relate to items G1, G2 and G3 on your BAS, and GST on acquisitions (expenses), which relate to items G10 and G11 on your BAS.

These tax codes are pre-defined in Finance > General Ledger > Setup Information > General Ledger Setup on the 'Tax Codes' tab.

Fields that require further explanation
Tax Codes for … Total Sales - G1	These are the tax codes used on all of your taxable, input-taxed and GST-free supplies.
Include GST in G1 Amount	Yes/No field indicating whether GST is to be included in the amount calculated at item G1 on your BAS form. Set to 'Yes' if you want the Gross Total Amount to be reported or 'No' if you want the Net Total Amount to be reported.
Tax Codes for … Export Sales – G2	These are the tax codes used on any supplies exported by your entity.
Tax Codes for … Other GST Sales – G3	These are the tax codes used on supplies, which have a GST Free status.
Tax Codes for … Capital Purchases – G10	These are the tax codes attached to acquisitions of a capital nature (e.g. Fixed assets).
Tax Codes for … Non-capital Purchases – G11	These are the tax codes used on acquisitions of a non-capital nature, with the exclusion of wages and wage-related expenses such as payroll tax and superannuation.

PAYG Setups Tab

This is where you define the paycodes used in the calculation of your Pay As You Go (PAYG) tax withheld amounts. These relate to items W1, W2 and W4 on your BAS.

Fields that require further explanation
Paycodes for … Total salary, wages and other payments – W1	These are the paycodes used for gross total wages and salaries, including overtime, annual leave, allowances etc. This also includes paycodes used on any voluntary withholding arrangements.
Paycodes for … Amounts withheld from payments at W1 – W	These are the paycodes used for the amounts withheld from the items included at W1 (above).
Tax Code for … Amount withheld where no ABN is quoted – W	Amounts that have been withheld from vendor acquisitions where no ABN has been supplied.

Make your required entries and click the 'Save' button to commit your changes to the TASS.web database. Alternatively, click the 'Reset' button to undo any changes and return to read-only mode.