Learning Cashflow Manager BAS Basics

Learning Cashflow Manager BAS Basics

BAS Reporting 


Cashflow Manager makes reporting your Business Activity Statement (BAS) figures to the Australian Tax Office (ATO) simple.

Before you are ready to report your BAS, ensure that your transactions have been entered into the correct account, month, year, and allocated correctly within the Cashflow section. 


Your Money In and Money Out allocation columns should have the correct column name and tax type to ensure that your business records flow through to your BAS report accurately.

For more information on Column Allocation click here
If you need to add or change your columns with the Cashflow section, open the account that you need to change and click on [File] at the top left corner, then Customise, then Money In or Money Out.
This will open the Customise Columns window which you can make any changes required. Ensure you click on [Save] once you’re done. 

InfoPlease Note: Our Cashflow Manager Gold product will automatically populate your W1 and W2 figures by feeding this information through from the Wages section of your program, based on the pays that have been entered. If you are not using Cashflow Manager Gold, you will need to report your W1 and W2 figures to the ATO manually. If you are using our Wages Manager product, your BAS will only show the W1 and W2 figures. 

Accessing and Preparing your BAS Report 

When you are ready to lodge your BAS, click [Reports] on the left side of the main Dashboard, then double-click on BAS to open the report.


- Now select whether you wish to include all of your accounts, just the current account or to select specific accounts to be included in your report. 

- Select the date range to be reported by selecting the month, quarter, year or custom date range options. 

- The monthly, quarterly and yearly date range options stem from the month and year that is currently open, within the Cashflow - Money In or Money Out sections. The wages BAS dates can be selected, if you are wanting the W1 and W2 for a different date range.


- You can also tick the Use Simpler BAS option to report only your G1 (total sales), 1A (GST on sales) and 1B (GST on purchases), which can be used for small business owners who have been automatically transferred to the Simpler BAS option by the ATO, reducing the amount of GST information required.

- The reporting screen will also allow you to save the report as an excel format, save the report as .PDF format to your computer and to preview/print your report, if required.


    • Related Articles

    • GST Types And Codes In Cashflow

      All business registered for GST use the business activity statement (BAS) to complete their GST returns. Your reporting and payment period is shown on your BAS and will be monthly, quarterly or annually. You use a BAS to report and pay the GST your ...

    • Cashflow Manager Basics

      Cashflow Manager records the money in (Receipts) and money out (Payments) transactions of your business. You can also reconcile your bank and cash transactions to ensure that your records are accurate and in preparation for lodging your GST and BAS ...

    • How Do I Adjust The GST On My BAS?

      You may need to make adjustments that increase or decrease the net amount of GST you're liable to pay for a reporting period. You may have an adjustment if one of the following occurs: An event that has the effect of changing the price of a sale or a ...

    • Recording GST-only amounts

      How do you record a payment where the total amount is for GST? An example may be Internet Connection fees with the balance being paid before GST started. To record this in Cashflow Manager, record the amount you are paying (i.e. the GST) in the ...

    • SBR reporting using myGovID

      There are four steps that need to be followed for users to be able to use SBR reporting with a myGov in Cashflow Manager. 1. Set up myGovID - https://www.mygovid.gov.au/how-do-i-get-set-up 2. Link your myGovID to your business - ...

    • Popular Articles

    • Starting a New Financial Year in Wages

      You can start a new financial year by following the below steps: 1. In the Employees section of Wages, select [Tools] in the top left 2. Select [Financial Year] 3. Select [Start New Financial Year] 4. The financial year ending will read 202X, select ...

    • Software Subscription Pricing - Australia

      The Cashflow Manager Subscription model is monthly or yearly based. Please find below the pricing model: Cashflow Manager - $27/month or $295/yearly Cashflow Manager GOLD - $49/month or $534/yearly Wages Manager - $37/month or $398/yearly Wages 1-4 - ...

    • Converting your Version 12 business file to Version 14

      Summary If you're updating from Version 12 to Version 14, you will need to convert your business file to the new format. Fortunately, this is easily done by first creating a new back-up of your Version 12 Business File, then converting it to the new ...

    • Completing your EOFY payroll

      Finalising your year-end payroll It's important to note the final pay period for the financial year is the one that is PAID before the end of the financial year. The first pay period of the next financial year is the first one that is PAID during the ...

    • How Do I Email From Cashflow Manager?

      How do I email from Cashflow Manager? Cashflow Manager offers two main ways to send emails via the program: Sending through your desktop email program (e.g. Outlook) Sending through your web email client To get started, open up your business in ...