The following instructions detail how to prepare a Business Activity Statement (BAS) for reporting your quarterly PAYG instalment amount using a provided rate.

1. Set up your company information for the current tax year in HQ ATO Tax Years.
2. Open the HQ BAS Process form. The system defaults to the current tax year as specified in HQ ATO Tax Years.
3. Enter a new sequence number in the Sequence field. You can also enter New, N, or + to use the next available sequence number.
   Note: Each time you create a BAS for reporting, you must use a new sequence number. By creating a new sequence number, you can report amounts specific to the quarter (or other specified time period) rather than for the whole year.
4. Set up your general BAS information in the following fields: Form Due On, Payment Due On, Contact Person, Contact Phone, GST Acct Method, Signature, Date, Return this completed form to, Hours, and Minutes. For more information on a specific field, see the F1 help.
5. On the PAYG tab (PAYG Income Tax section), enter a reporting date range in the Start Date and End Date fields.
   Tip: You can click the Calendar button () to select dates for either field.
6. Select Option 2: Calculate PAYG instalment using income (x) rate from the Option drop-down. The system enables the PAYG Instalment Income, Rate, New varied rate, and T1 x T2 (or x T3) fields.
7. Enter your total income in the PAYG Instalment Income field.
8. Enter the rate provided by the ATO in the Rate field.
The system defaults the total income multiplied by the rate in the T1 x T2 (or x T3) field.
9. On the FBT/Summary tab, enter an amount in the Credit from PAYG instalment variation field if necessary.
10. Save the record as normal.
11. Return to the Info tab and select Options > Reports > HQ Business Activity Statement Report to run the report.
12. Submit the BAS report to the ATO.