Australian BAS report including non-deductible GST

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Posted on by LD-17060130-0

Hi all,

We have a requirement to create a new GST code in D365F&O which is 50% non-deductible, meaning we still capture the 10% GST per a supplier invoice, though only 5% is to be claimed (50% of the expense net total is to be taxed).

This has been setup in the GST Code > values screen as value = 10% and non-deductible % being 50%.

When we produce the Australian BAS report, the full amount of the GST is appearing in the 1A field, where as I expected this would be the GST amount less the non-deductible amount.

Does anyone know how to action this? Is there something else to be setup on the GST code itself (screenshot below for reference), or does the Australian BAS report format need to be updated to deduct the non-deductible amount?

Thanks!
Lauren

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Dynamics 365 Finance

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Shaluma 369 on at

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Hi,

The Australian BAS electronic report maps Reporting Codes to specific boxes. To pull only the claimable (deductible) GST into field 1A, you must update the BAS report setup
Please check the below URL,
https://learn.microsoft.com/en-us/dynamics365/finance/localizations/australia/apac-aus-business-activity-statement

In the Australian BAS generation screen, review the lines, manually override the amount in the 1A field, and use the Additional BAS reconciliation account to track the difference
https://learn.microsoft.com/en-us/dynamics365/finance/localizations/australia/add-bas-report-boxes

If the issue still persists after following them, please raise a query, and we will be happy to support you further.

Thanks,
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