Preparing Business Activity Statements (BAS)

The Business Activity Statement (BAS) prints a copy of the statement that needs to be manually transposed on either a printed or electronic BAS submitted to the tax department. 

The Synergetic report prepares for the section on GST (G1-G20) and the Amount withheld from payment of invoices where no ABN is supplied (W4). All other items must be calculated manually.

If no other items are applicable, then the amount showing under "item 3" and "item 9" will show your net amount of tax or credit payable for the period.