How can I show Tax exempt purchases on BAS, I am in Australia. How can I do a print out of Tax exempt purchases.
Go to Settings and add a new tax code by selecting GST Free from the In-built tax codes for Australia.
One the GST Free tax code is selected, it will show up on the various tax reports, too.
GST Free and GST exempt are different. Generally GST exempt purchases are not shown on BAS and can be excluded from the Manager BAS worksheet by not selecting a Tax code (No Tax).
The Tax Audit report in Manager shows items with No Tax code. Reports>Tax Audit
Below is a list of purchases not included on BAS from ATO website at: https://www.ato.gov.au/business/business-activity-statements-(bas)/in-detail/simpler-bas-gst-bookkeeping-guide/
