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The following article has been transferred to https://help.synergetic.net.au/s/article/Business-Activity-Statement-Sections-BAS


If a transaction has a tax code with a SynergyMeaning, it will appear on the BAS. The tax code on the general ledger account will be the default on all transactions but can be changed at entry time if the tax code is not fixed, except:

  • Debtor charges entries default to the general ledger code and tax treatment defined against the fee being posted.
  • No payroll sourced transaction will have a tax code.
  • In general ledger journals, you can change anything.
  • No new transaction can be dated prior to the last BAS date if the transaction has a tax code.

BAS Sections

BAS SectionDescriptionCriteria
G1Total sales & income & other Supplies
  • Normal Journal (not a tax control account record)
  • Tax code has a SYNERGY MEANING which is NOT blank 
  • Tax code doesn’t have a SYNERGY MEANING value of ‘TAXED’ or Adjustment Posting flag not ticked when creating G/L journal
  • Income transaction
G2Exports
  • Normal Journal (not a tax control account record)
  • Tax code has a SYNERGY MEANING value of ‘EXPORT’
  • Income transaction
G3Other GST-free supplies
  • Normal Journal (not a tax control account record)
  • Tax code has a SYNERGY MEANING value of ‘TAXFREE’
  • Income transaction
G4Input taxed sales & other supplies
  • Normal Journal (not a tax control account record).
  • Tax code has a SYNERGY MEANING value of either ‘INPUTTAXED’ or ‘PRIVATE’. 
  • Income transaction.
G5Total of your GST-free and input taxed supplies
  • Normal Journal (not a tax control account record).
  • Tax code has a SYNERGY MEANING value of either ‘EXPORT’, ‘TAXFREE’, ‘INPUTTAXED’ or ‘PRIVATE’. 
  • Income transaction.
G6Total of your taxable supplies
  • Normal Journal (not a tax control account record).
  • Tax code does NOT have a SYNERGY MEANING value of either ‘EXPORT’, ‘TAXFREE’, ‘INPUTTAXED’ or ‘PRIVATE’. 
  • Income transaction.
  • Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G7Adjustments
  • Normal Journal (not a tax control account record).
  • Tax code does NOT have a SYNERGY MEANING value of either ‘EXPORT’, ‘TAXFREE’, ‘INPUTTAXED’ or ‘PRIVATE’. 
  • Income transaction.
  • Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G8Total of your taxable supplies after adjustments
  • Normal Journal (not a tax control account record).
  • Tax code does NOT have a SYNERGY MEANING value of either ‘EXPORT’, ‘TAXFREE’, ‘INPUTTAXED’ or ‘PRIVATE’. 
  • Income transaction.
G9 Divide G8 by 11
  • Normal Journal (not a tax control account record).
  • Tax Amount is NOT a zero value. 
  • Income transaction.
G10 Capital acquisitions
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code has a SYNERGY MEANING which is NOT blank. 
  • G/L Classification Code has a SYNERGY MEANING value of ‘ASSET’ or Tax code has a SYNERGY MEANING value of ‘ASSET’.
  • Tax code has a SYNERGY MEANING value of ‘TAXED’ or Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G11Other acquisitions
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code has a SYNERGY MEANING which is NOT blank.
  • G/L does NOT have a SYNERGY MEANING value of ‘ASSET’ And Tax code doesn’t have a SYNERGY MEANING value of ‘TAXED’.
  • Tax code does NOT have a SYNERGY MEANING value of ‘ASSET’ or Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G12Total acquisitions
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code does NOT have a SYNERGY MEANING value of ‘TAXED’ or Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G13Acquisitions for making input taxed sales & income & other supplies
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code has a SYNERGY MEANING value of ‘TAXED’.
G14Acquisitions with no GST in the price
  • Normal Journal (not a tax control account record).
  • Not an income transaction.
  • Tax code has a SYNERGY MEANING value of either ‘TAXFREE’ or ‘EXPORT’.
G15Total estimated private use of acquisitions + non-income tax deductible acquisitions
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code has a SYNERGY MEANING value of ‘PRIVATE’.
G16Total of non-creditable acquisitions
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code has a SYNERGY MEANING value of either ‘INPUTTAXED’, ‘TAXFREE’, ‘PRIVATE’ or ‘EXPORT’.
G17 Total of creditable acquisitions
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code does NOT have a SYNERGY MEANING value of either ‘INPUTTAXED’, ‘TAXFREE’, ‘PRIVATE’ or ‘EXPORT’.
  • Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G18Adjustments
  • Normal Journal (not a tax control account record).
  • NOT an income transaction.
  • Tax code does NOT have a SYNERGY MEANING value of either ‘INPUTTAXED’, ‘TAXFREE’, ‘PRIVATE’ or ‘EXPORT’.
  • Adjustment Posting flag not ticked when creating G/L journal - See General Ledger Journal --> Adjustment Posting flag.
G19Total of creditable acquisitions after adjustments
  • Normal Journal (not a tax control account record).
  • Not an income transaction.
  • Tax code does NOT have a SYNERGY MEANING value of ‘INPUTTAXED’, ‘TAXFREE’, ‘PRIVATE’ or ‘EXPORT’.
G20Divide G19 by 11
  • Normal Journal (not a tax control account record).
  • Tax amount NOT zero.
  • NOT an income transaction.

Note

You can right click on a tax code lookup table value within General Ledger Maintenance > General tab to access the SynergyMeaning or access luTax via System > Lookup Table Maintenance - Finance