When and How exactly the function "Create a BAS" should be used?

clean_gujjuscleaning

Hi Everyone

Now I have checked all my inbound and outbound transactions to make sure every things good. it's a time for me to lodge a BAS for my company. so if I go to 'TAX' section and select a 'BAS' and 'Create a BAS' for first quarter… What exactly it will do?

is it just for record? or is it actually help lodge a BAS for my PTY LTD company..?

When and How exactly it should be used?

klaura

Hi @clean_gujjuscleaning,

Reckon One doesn't submit your BAS directly to the ATO. It only helps you prepare the report for you to review and submit manually.

You can Mark as lodged once you’ve submitted to the ATO (manually or via GovReports integration).

I hope it helps.