LODGING ACTIVITY STATEMENTS DIRECTLY FROM XERO – COMING SOONish!!!
At Xerocon Brisbane 2018 Xero announced that we will be able to lodge activity statements directly to the Australian Tax Office.
They said “Every quarter, six million business activity statements are lodged in Australia, with 50% lodged by tax or BAS agents, and 30% on paper forms.”
“So it’s no surprise that being able to lodge activity statements to the ATO directly from Xero has been high on the request list from small business owners and the Xero partner community alike.”
“Currently, Xero partners (BAS agents and tax agents) can use Xero Tax to lodge activity statements or manually re-enter information from Xero into a form, either through the ATO portal, using alternative software, or filling in a paper form. This is time-consuming, as it requires double handling of data and the need for multiple systems. Lodging activity statements with Xero will make the process easier by eliminating the need to rekey data or submit paper forms; it will minimise errors and save time.”
With this new feature will come with a new user permission setting: Submit BAS. Only users with this permission will be able to lodge activity statements.
Click here to see how it will work
This great new feature will be rolled out progressively. First with partners practice organisations, then those with partner subscriptions and then a general release.
We will let you know as soon as we know when this will be released.
No more Auskeys or paper!! Yay Xero!!
Please contact us if you would like to discuss the financial management of your church or NFP at [email protected] or 1300 138 627
© Benkorp Management Services Pty Ltd 2018