This report is formatted for Australian BAS lodgement. All figures are GST-inclusive.
G1 — Total Sales
Gross Sales (incl. GST)$90,750
Less: GST on Sales-$8,250
G1 Net Sales (excl. GST)$82,500
G10 / G11 — Purchases
Total Purchases (incl. GST)$13,079
GST on Purchases$1,189
Net Purchases (excl. GST)$11,890
BAS Summary
GST on Sales (1A)$8,250
GST Credits on Purchases (1B)-$1,189
Net GST Payable$7,061