BAS Reports¶
Generate Business Activity Statement reports for your GST obligations.
What is a BAS?¶
The Business Activity Statement (BAS) is a form submitted to the Australian Tax Office (ATO) to report your GST collected and GST paid. FairBooks calculates these figures automatically.
Generating a BAS Report¶
- Navigate to Reports → BAS
- Select the reporting period (typically quarterly)
- Review the calculated figures
How It's Calculated¶
FairBooks uses cash basis accounting for BAS:
| BAS Label | Field | Source |
|---|---|---|
| G1 | Total Sales | Revenue from invoices with a paid date in the period |
| 1A | GST Collected | GST from invoices with a paid date in the period |
| G10/G11 | Total Purchases | Expense amounts (GST-inclusive) with a paid date in the period |
| 1B | GST Paid | GST from expenses with a paid date in the period |
| - | Net GST | GST Collected (1A) − GST Paid (1B) |
Cash Basis
Only transactions with a paid date within the selected period are included. The invoice issue date or expense creation date are not used.
Selecting a Period¶
FairBooks defaults to quarterly periods aligned with the Australian financial year (July–June). You can also select a custom date range.
Understanding Your Position¶
- Positive net GST (shown in red): You owe the ATO
- Negative net GST (shown in green): You're entitled to a refund
Exporting¶
Click Export to download your BAS summary as a CSV file for submission to the ATO or your accountant.