Does Kontuly do my BAS?
Kontuly prepares the figures for your BAS (Business Activity Statement) from your books, but it doesn't lodge it. You, or your registered BAS agent or accountant, check the figures and lodge through the ATO's channels.
Which BAS figures does it work out?
The GST figures (G1, 1A and 1B), PAYG withholding (W1 and W2) and PAYG instalments, on a cash or accruals basis, monthly, quarterly or annually. Some labels aren't worked out, such as G2, G3, G10 and G11, fuel tax credits and FBT instalments. The full list is on BAS and tax.
Kontuly also prepares TPAR figures (the Taxable payments annual report) for contractor payments. Once you've lodged, you can lock the period so nothing in it changes.
How does it know my GST?
When you set up a business, you say whether it's registered for GST, whether you report on the cash or accruals basis, and how often you lodge. Kontuly then separates the GST from every sale and purchase as you record it. The GST Report in the sidebar shows the BAS figures for any period, and the Dashboard shows the current period's GST payable or refund with its due date.
For the steps, see How do I prepare my BAS figures in Kontuly?, Cash or accruals: when does Kontuly report GST? and How do I prepare a TPAR in Kontuly?.
Is Kontuly ATO-approved?
No. Kontuly isn't registered with, listed by or certified by the ATO. It prepares figures for you or your agent to check and lodge. Where a tax question needs judgement, check with your accountant or registered BAS agent.
Does it do payroll?
No. Record the totals from your payroll service, and the PAYG labels on your BAS come from those accounts.
Related questions
- What is Kontuly?Kontuly is desktop double-entry accounting software for Australian small businesses, sole traders and bookkeepers, with your books kept on your own computer.
- Who is Kontuly for, and is it right for my business?Kontuly suits Australian sole traders, small businesses and bookkeepers who do the books on one computer. Here's what it doesn't do yet.
- How do I set up my first business in Kontuly?Kontuly's setup wizard creates your books in four steps (business name and ABN, GST registration, financial year, main bank account), changeable later.
- How do I prepare my BAS figures in Kontuly?Kontuly's GST Report prepares the G1, 1A and 1B labels of your BAS, plus PAYG labels if you set them up. Here's how to run it for your BAS period.
- How do I prepare a TPAR (taxable payments report) in Kontuly?Flag contractors on their contact and Kontuly's Taxable Payments Annual Report totals what you paid each one, with GST, for your TPAR. You lodge it.
More about getting started
- Is Kontuly cloud software? Where are my books kept?Kontuly is desktop software, not cloud. Each business is a file on your own computer. Here's what does go online, and how your books are kept safe.
- Does Kontuly run on Mac, Windows and Linux? How do I install it?Kontuly runs on macOS (Apple silicon and Intel), 64-bit Windows and Linux. How to install it on each, and what happens the first time it opens.
- Is Kontuly in beta? How do I join?Kontuly is in beta (version 0.2). Licences aren't on sale yet; Australian testers sign up at kontuly.com/beta and are emailed a download link and a licence key.
- How do I try Kontuly with a sample business?Open Kontuly's sample business, a small design studio with three months of made-up invoices, bills and bank lines, to try things before using your own books.
- What does the Kontuly Dashboard show?The Kontuly Dashboard shows cash at bank, profit this year, what you're owed and owe, GST for the period, and a Needs attention list of jobs waiting on you.