Accounts Payable
How to process AP Taxable Payments in Australia in Vista
Prepare Subcontractor Taxable Payments reporting data for the ATO.
Overview
Use the AP Taxable Payments form to prepare Subcontractor Taxable Payments reporting data for the ATO. Applies to all Vista versions in Australia.
Where: Accounts Payable → AP Taxable Payments
1 – Set up HQ ATO Tax Year first
Before preparing reports, set up the current HQ ATO Tax Year. It holds the company-specific information shared across the reports you submit to the ATO.
2 – Prepare the Taxable Payments Annual report
Once the standard information is set up, generate amounts for Subcontractor Payments from all AP Vendors flagged for Taxable Payment reporting.
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