To report taxable payments

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   Go to the Purchases command centre and click Report Taxable Payments. The Taxable Payments Assistant opens.
2. Click Chose the year you're reporting for then click Next. The Company Information window appears.
3. Enter any company information that doesn’t appear by default.
4. Click Next. The Review window appears.In this window, you can click
5. To review your reportable transactions:
   1. Click Review Your Transactions to
   :review
   1. see a list of all transactions marked as reportable.
   change the reporting status of transactions
   1. Click the blue zoom arrow Image Added for a transaction to see its details.
   2. Deselect any transactions that are not reportable.
   3. Click Record.
6. Click Next. The Create window appears.
7. Click View Taxable Payments Report. The Taxable Payments Annual Report (Detail) report appears. You can use the report to help you complete your ATO forms, or to keep for your records.
8. If you're lodging the Taxable Payments Annual Report file:
   1. Click Create Taxable Payments File. The Save As window appears.
   2. Select the location to store save the file and click Save. The taxable payments file is saved. By default, the file will be saved as TPAR.C01
9. Click Finish to close the assistant.

For information on how to lodge this file, see the ATO website.

<h2><i class="fa fa-comments"></i>&nbsp;&nbsp;FAQs</h2><br>

How do I enter an overseas address when reporting taxable payments?

The ATO require that overseas addresses are entered in a specific format when using the Taxable Payments Assistant:

• Enter the overseas State and Postcode in the Suburb/Town/City field.
• Enter OTH in the State field. The Postcode field will default to 9999 and can't be changed.

Here's an example:

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Here's an example of a supplier card with an overseas address:

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What about payments made to suppliers after 1 July for purchases dated before 1 July?

Because the purchase is dated before the reporting period, AccountRight won't automatically mark it as reportable. This means the payments on that purchase, which need to be reported, won't automatically be included on the Taxable Payments Annual Report.To identify these purchases and mark them as

To mark these purchases as reportable:

1. Run the Supplier Payment History report for the reporting period, for example 01/07/2015 to 30/06/2016.
2. Take note of the purchases dated prior to 1 July where payments were applied after 1 July.
3. Open the Purchases Register (via the Purchases command centre).
4. Set the date range to capture the purchases noted at step 2.
5. On the All Purchases tab, repeat the following for all purchases noted at step 2:
6. Click the zoom arrow to open the purchase.
7. Select the Reportable Payment option.
Click OK
8. Open the Taxable Payments Assistant (Purchases > Report Taxable Payments).
9. Click Next twice to get to the Review window.
10. Click Review Your Transactions.
11. Set the Dated From and To fields to specify the previous financial year.
12. Select All from the Transactions dropdown list then click Update.
13. Select the transactions to be marked as reportable.
14. Click Record.

How are the taxable payments features in the new AccountRight different from AccountRight v19?

If you used the taxable payments features in AccountRight v19 before upgrading to the new AccountRight, you'll notice the following differences:

• A new system preference to activate taxable payments reporting.
• Individual transactions can be marked as reportable (spend money, purchase orders, and bills).
• Employee cards can no longer be used to track taxable payments. If you previously used employee cards to track taxable payments in AccountRight v19, see the Reporting taxable payments in the new AccountRight support note for more information make sure you've completed the Upgrade task - taxable payments reporting.
• A new Taxable Payments Assistant to help you review reportable transactions and generate the Taxable Payments Annual Report.
• A new Taxable Payments Annual Report [Detail] (Reports > Index to Reports > Purchases > Payments > Taxable payments).

What about suppliers previously identified for taxable payments reporting in AccountRight v19?

For suppliers previously identified for taxable payments reporting in AccountRight v19, their supplier cards will still be setup for taxable payments in the new AccountRight. In addition, all new and existing spend money and purchase transactions for these suppliers the current financial year will be marked as reportable by default.

However, existing transactions for the supplier for the current financial year can now be marked as reportable.

There are two ways you can do this, depending on how many transactions you have for these suppliers:

• If you only have a few existing transactions, select them as reportable when you generate the taxable payments report.
• If you have many existing transactions, complete these steps:

1. Go to the Card File command centre and click Cards List.
2. Click the Supplier tab.
3. Click the zoom arrow next to a supplier whose transactions you want to select as reportable.
4. Click the Buying Details tab.
5. Deselect then re-select the Report Taxable Payments option.
6. In the message that appears, click Yes to report existing transactions for the supplier for the current financial year.
   Note that you can remove payments from reporting when you generate the taxable payments report.
7. Click OK.
8. Repeat steps 3 - 7 for each supplier whose existing transactions you want to mark as reportable.