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Australia Local Functionality
The following articles describe local functionality unique to the Australian version of Multi-Entity Management.
For more information about the local funcationality, see the Microsoft Dynamics 365 Business Central documentation:
Business Activity Statements
Businesses in Australia that are registered for Goods and Services Tax (GST) must lodge business activity statements (BAS). For more information on GST and BAS within Microsoft Dynamics 365 Business Central, review the Microsoft Dynamics 365 Business Central documentation:
- Set Up Business Units for Business Activity Statements
- Set Up Goods and Services Tax Posting
- Calculate Goods and Services Tax on Prepayments
- Print Goods and Service Tax Settlement Reports
Business Activity Statements must be submitted to the Australian Taxation Office and includes the following tax liabilities:
- Goods and Services Tax (GST) amounts that you owe the Australian Taxation Office from sales
- GST amounts that the Australian Taxation Office owes you from purchases
- Pay-As-You-Go (PAYG) Tax Withheld
- PAYG Instalment
- Fringe Benefit Tax (FBT)
To automatically electronically submit the BAS to the Australian Taxation Office, ensure the following is completed as part of your standard Microsoft Dynamics 365 Business Central setup:
- Set up the regional and localization settings.
- Download the electronic reporting configurations.
- Set up the BAS calculation sheet.
- Contact the Australian Taxation Office for this sheet. This setup uses the XML file format.
Note: An Entity Filter field is available to specify the entity or entities of the BAS report. Users can enter entities without user entity access (as determined by MEM User Security Setup), however, the report line amount will only be calculated for the entities to which the user has access. Additionally, users can access a BAS report if they have access to any entity that is specified in the Company Filter.
Actions
| Action | Description |
| BAS Report> Actions> Functions> GST Purchase Entries | Displays detailed records of purchase transactions that include Goods and Services Tax (GST). The purchase transactions are filtered based on the Company Filter specified in the BAS Report. |
| BAS Report> Actions> Functions> GST Sales Entries | Displays detailed records of sales transactions that include Goods and Services Tax (GST). The sales transactions are filtered based on the Company Filter specified in the BAS Report. |
MEM VAT Report Request Page
The MEM VAT Report Request Page enables users to specify reporting periods, apply filters (such as entity or date), and generate BAS Report Lines based on transactions recorded in the system for the BAS Report.
Users are restricted from modifying the Company Filter to ensure that the report lines are generated only for the entities specified in the BAS Report. As a result, the suggested BAS Report Line amounts are calculated based on the Company Filter.
Australian Business Number
The Australian Business Number (ABN) is a unique 11-digit number that identifies a business to the government and community.
- Use the MEM Entity Setup page to specify the ABN for an entity. ABNs are issued by the Australian government . For more information, see Applying for an ABN .
For more information about Microsoft Dynamics 365 Business Central and ABNs, see the Microsoft Dynamics 365 Business Central documentation.
