The Agrimaster GST categories are used in conjunction with your receipts and payment codes to accumulate the totals for each GST category. The GST Full report will show you all the individual transactions grouped in the GST Categories and the BAS summary will display the totals in the GST labels (G number categories).
You can find these reports in the Tax Reports section (Home page > Cashbook Reports) and from these reports, you can transfer the figures to your BAS statement for submission to the ATO or your accountant.
Each code in your file must have a GST category, which is drawn from the GST Rates and Categories screen and is allocated to each code. To get the GST Rates and Categories screen, at the Home page > Setup & Tools > Cashbook Setup >Tax > Setup GST.
Example code and its GST category is shown in the diagram below in the Setup Transaction and Budget Codes window. To navigate to the Setup Transaction and Budget Codes screen, at the Home page > Setup & Tools > Cashbook Setup > Codes.
Here are the GST categories that are listed in the setup of your Agrimaster file. The list of Agrimaster GST Categories is classified in the respective G numbers (GST labels) ready for you to transfer to the ATO BAS statement.
GST Labels |
Source |
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G1 = “Standard” + “Exported” + “InputTaxed” + “GST Free” + “Financial” |
GST Rates and Categories – Setup GST |
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G2 = “Exported” |
GST Rates and Categories – Setup GST |
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G3 = “GST Free” |
GST Rates and Categories – Setup GST |
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G4 = “InputTaxed” + “Financial” |
GST Rates and Categories – Setup GST |
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G5 = G2 + G3 + G4 |
Calculation |
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G6 = G1 – G5 |
Calculation |
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G7 = Total increasing adjustments (Net of decreasing adjustments) |
Tax Reports – GST Adjustment (Non-cash) |
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G8 = G6 + G7 |
Calculation |
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G9 = G8 / 11 |
Calculation |
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G10 = “Capital” items over $300 |
Cashbook Transaction code with Capital GST category |
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G11 = “Standard” + “InputTaxed” + “GST Free” + “Financial” + “
No ABN” + "SuppNotReg" + “Capital” items $300 and under |
GST Rates and Categories – Setup GST
Cashbook Transaction format and Cashbook Transaction |
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G12 = G10 + G11 |
Calculation |
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G13 = “InputTaxed” |
GST Rates and Categories – GST Setup |
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G14 = “GST Free” + “Financial” + “No ABN” + "SuppNotReg" |
GST Rates and Categories – GST Setup Cashbook Transaction format |
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G15 = Private use of business acquisitions |
GST Proportional Codes – Homepage->Setup & Tools->Cashbook Setup->Tax->Setup GST-> Next (4 times) |
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G16 = G13 + G14 + G15 |
Calculation |
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G17 = G12 – G16 |
Calculation |
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G18 = Total decreasing adjustments (Net of increasing adjustments) |
Tax Reports – GST Adjustment (Non-cash) |
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G19 = G17 + G18 |
Calculation |
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G20 = G19 / 11 |
Calculation |
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The GST categories “No Claim”, “Wages”, “Loans, Tax” and “Pre-GST” are not included in the BAS. |
GST Rates and Categories – Setup GST Section – “No Claim”, “Wages”, “Loans, Tax” Transaction format - “Pre-GST” |
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The GST categories “Pre-GST”, "SuppNotReg" and “No ABN” are used by Agrimaster where appropriate and cannot be allocated to a transaction code. |
Cashbook Transaction format |
Below is a sample BAS code and cost list, showing the respective G numbers.
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