- Created by admin, last modified by AdrianC on Feb 27, 2019
https://help.myob.com/wiki/x/Fgic
ANSWER ID:10532
Different businesses would have different options to pay their GST and lodge their BAS/IAS. These settings can be entered into AccountEdge to get the correct form when using BASlink.
For more information on setting up and using BASlink, press F1 on your keyboard when using BASlink.
Here are the basics for setting up your BAS Info.
- Go to the Accounts command centre and click BASlink. The BASlink window is displayed.
- Click BAS Info. The BAS Information window is displayed.
- Enter/select the details for Goods and Services Tax, PAYG Instalments, PAYG Withholding and FBT/WET/LCT relevant to your business.
Monthly PAYG instalments
AccountRight can't currently cater for monthly PAYG instalments. Instead, you'll need to calculate your figures manually.
The table below lists the various BAS forms and their settings relating to the BAS Information window shown above. For help setting up the BAS for your business requirements, speak to your accounting advisor.
Check your paper BAS to see the expected form:
Expected Form | GST Reporting Frequency | Fuel Tax Credits | PAYG Instalment Reporting Frequency | PAYG Withholding Reporting Frequency | FBT, WET or LCT Obligation |
| Chosen Option |
| Chosen Option | Chosen Option |
|
A | Quarterly |
| Quarterly | Not Registered or Quarterly |
|
B | Annually |
| Quarterly | Not Registered |
|
C | Quarterly |
| Not Registered or Quarterly | Quarterly | R |
D | Quarterly |
| Not Registered | Not Registered |
|
G | Monthly |
| Not Registered or Quarterly | Not Registered or Monthly or Quarterly | Y or N |
I | Annually | Y or N | Not Registered | Monthly or Quarterly |
|
I & A | Quarterly |
| Quarterly | Monthly |
|
I & C | Quarterly |
| Not Registered or Quarterly | Monthly | R |
I & F | Quarterly |
| Not Registered | Monthly |
|
I & j | Annually | Y or N | Not Registered | Monthly | R |
I & U | Quarterly | R | Quarterly | Monthly |
|
I & X | Quarterly | R | Not Registered | Monthly |
|
I & Y | Quarterly | R | Not Registered or Quarterly | Monthly | R |
J | Annually | Y or N | Not Registered or Quarterly | Not Registered or Quarterly | R |
* U | Quarterly | R | Quarterly | Not Registered or Quarterly |
|
* V | Monthly | R | Not Registered or Quarterly | Not Registered, Monthly or Quarterly | Y or N |
| * W | Quarterly | R | Not Registered | Not Registered | |
* X | Quarterly | R | Not Registered | Quarterly | |
* Y | Quarterly | R | Not Registered or Quarterly | Not Registered or Quarterly | R |
Annual forms
| Expected Form | GST Reporting Frequency | Fuel Tax Credits | PAYG Instalment Reporting Frequency |
N | Not Registered |
| ANNUALLY |
P | Quarterly Opt 3 |
| Not Registered |
P | Annually |
| Not Registered |
Q | Quarterly Opt 2 |
| Not Registered |
* Z | Annually | R | Not Registered |
* = New Forms
R = Registered