In TaxTank the BAS report is prefilled on a cash basis, meaning we only include income and expenses when money is actually received or paid. So before you prepare your BAS report ensure your bank accounts are up to date and all transactions are reconciled.

When everything is up to date, from the left hand menu select 'Reports' and then 'BAS Report' from the dropdown.

To create a new BAS select the 'Add Report' button from the top right hand side and enter the date range you need to report to the ATO. TaxTank will pre-fill the Sales and GST amounts from the invoices and expenses reconciled during the date range select.

Then complete any PAYG Tax Withheld, PAYG Tax Installments and Fuel Tax Credit amounts. If none of these apply just enter 0 and select the 'Save' button.

We have coded the amounts in our BAS report with the ATO to make self lodging fast and easy through MyGov, or you can invite your accountant to assist.