GST Report

The GST report assists with GST reporting requirements such as the ATO Business Activity Statement (BAS) that is used to periodically report to the ATO on GST collected and paid, and provides a summary of GST collected and earned on an accrued basis and cash basis for a specified period (practice-wide or practitioner-wide).

Before you begin

The GST report is calculated based on date of entry. This means, for example, that a GST-inclusive Tax Invoice generated on 1 July, for a service that was provided on 30 June, will be included in a report covering the month of July, but not in a report covering the month of June.

The GST report is separated into two sections: GST Invoiced (accrual accounting) and GST Received (cash accounting). The report has been designed this way so that users will benefit from it, whichever accounting method they use.

The following data is displayed on the report:
  • GST invoiced (accrued) including the net of the totals of the following transaction types:
    • Add invoices issued
    • Less claim write-offs
    • Bad debt write-offs
    • Discounts granted for invoices
    • Refunds of allocated payments

    The GST Invoiced section reports the dollar amounts of invoices where GST was involved, and the GST input for those amounts. It also takes into account, and subtracts, any write-offs or discounts that may have been applied.

  • GST receipted (cash) including the net of the totals of the following transaction types:
    • Add receipt allocated to invoice items
    • Credit allocated to invoice items
    • Less refunds of allocated payments

      Ancillary Information: Totals displayed on this report tally with the related sections of the following reports for the same date range;

  • Invoice Summary
  • Invoice Detail
  • Invoice Detail Items
  • Allocation Summary
  • Allocation Detail
  • Allocation Detail Items
  • Income Summary
  • Income Analysis
  • Income Analysis Detail
  • Debtors' Reconciliation

Procedure

To run this report:
  1. Either:
    • Click
    • Press Ctrl + P
    • Select Reports > Print
  2. The Print Report window appears.
  3. Select GST Report from the list of reports and click Next The Print GST Report window appears.
  4. Enter the date range for the report.
  5. Next to Practitioner there are two option buttons, labelled All and Specific. If every Practitioner on your system has given you permission to print their earnings reports, then both options will be available to you. If, however, not every Practitioner has given you this permission, then the option button next to All will not be enabled. In this case, you will only be able to select from the list of Practitioners who have given you this permission.
  6. If you have selected All, click Next select the appropriate printer, tray and number of copies and then click Next again to print the report.
  7. If you are limited to, or have chosen Specific, select the check boxes next to the Practitioners you want to print reports for. Click Next select the appropriate printer, tray and number of copies and then click Next again to print the report.

    Printing All will produce one report that summarises the earnings for the whole practice. If you want to print separate reports for all Practitioners, then you will need to choose Specific and then select each check box.

  8. Click Next Ensure that the correct printer, tray and number of copies are selected, and then click Next again to print the report.

Results