Completing your activity statement

Start by going to the Reports menu > BAS and click Create new. See below for info on completing each step of the BAS report process.

1. Setup

This page shows the setup of your BAS report. Check:

• the period you're completing a BAS for. If:

  • this is your first return, you can choose the BAS period you'd like to report on

  • you've previously completed a return, you won't be able to change the BAS period. To carry over late or edited transactions, reports need to be done every period in order. You can't skip the current period to a future period. If you don’t have any GST to report this period, you’ll still need to finalise this report to move to the next period.

• your business details are correct. These details are pre-filled from your MYOB Business data.

• your lock date. If you need to add or edit any transactions, you may need to remove or edit your lock date. A lock date prevents anyone from inadvertently creating, editing or deleting transactions prior to a date you specify.
  To check your lock date, click Business settings and scroll down to Lock date. Find out more about lock dates.
  

2. GST report

See the amount of GST collected and paid for each of your tax codes and to confirm that the right tax code has been assigned to transactions. To:

• see all the transactions that make up the totals in the report, click the dropdown arrow next to each Tax code

• view transactions on all tax codes, click Expand all

• view and edit a transaction's details, click its ID No. If you make any changes to transactions, click Refresh in the GST return report to include those changes in the report.
  

3. Prior period adjustments

See if there were any transactions added, edited or deleted in the previous BAS period.

If there are prior period adjustments, you can choose to:

• view or edit them by clicking the ID No. of the transaction. If you do change a transaction, click Refresh in the Prior period adjustments report to include them.

• add them to your BAS report by selecting Yes, add the prior period adjustments to

• remove them from your BAS report by selecting No, remove the prior period adjustments. You might do this if they aren't relevant to the period (e.g., because you've already included them in a revised BAS). Note that the removed claims won't be included in future BAS reports.

Click Export and choose to export the Prior period adjustments report as a PDF or Excel file.

4. Save

This shows the totals you need to enter in each field of your BAS. The amount you need to pay the ATO (a positive figure), or are to be refunded by the ATO (a negative figure), appears under Amount owed.

Click Save. If any transactions were changed while you created the report, you are prompted to review the report:

Click Review changes and once you're satisfied with the report, click Save again.

Once you've saved your BAS report, you're prompted to lodge online with MYOB. If you're not set up to lodge online with MYOB, or you want to do it later or by another method, click Lodge later. For more info on lodgement options, see 'Lodge your BAS', below.

To save a draft of the BAS report, click Close in the GST return report, Prior period adjustment or Save sections.

Once you're ready to complete your BAS report, go to the Reports menu > BAS and click the BAS period of your draft:

When you open the draft, MYOB Business will display a message if there are updates that have been made to transactions that affect the BAS report:

When you click Continue, the draft reopens. If there are updates affecting your BAS report, we recommend that you review it again.

If you need to change your tax code setup, authorised person, or change how year-end adjustments recorded in MYOB affect your BAS:

1. In MYOB, go to the Accounting menu and choose Prepare BAS or IAS.

2. If prompted, sign in to your MYOB account.

3. Click the Settings option.

If you change the tax code setup, it will not affect any returns that are already in progress. You’ll need to open the statement that’s in progress, choose to Edit it, and then click Update from ledger, to use the new tax code setup details.

Note that doing this will replace the values of all fields that are automatically calculated based on the tax code setup.

You can set the reporting frequency on the Report settings page. To set the frequency, click the settings menu (⚙️) and choose Report settings. Under PAYG withholding, select the frequency and click Save.

1. Go to the Reports menu > BAS. Any completed activity statements are listed in the BAS reports section:
   

   

2. If required, filter the list by Financial year.

3. Click the BAS period of a report to see its details.