Australia

Wherever you do business, you can use Sage Intacct to meet your business needs. The following features and processes are specifically for Australia.

Cash Management

  • Bank files: Generate payment files in your regional bank format to make bank file payments.
  • Creation rules and VAT and GST: Use creation rules to automatically create additional transactions for reconciliation. Transactions can include VAT and GST tax calculations.

Taxes

  • Australian tax solution: The Australia GST standard tax solution provides an automated setup for the tax rates for Australia and customizable templates for tax invoices.
  • Australian tax submission: Using Intacct's integration with Sage Regulatory Reporting, your Business Activity Statements (BAS) are calculated for you.
  • Partial exemption for Reduced Input Tax Credit: Companies using an Australian tax solution can use partial exemption to take advantage of the Reduced Input Tax Credit (RITC).
  • Taxable Payments Annual Report (TPAR): Track payments that you make to eligible contractors and subcontractors in a TPAR. Use the information from this report to lodge your TPAR with the Australian Tax Office.
  • New Zealand tax solution—Early Adopter: The New Zealand GST standard tax solution provides an automated setup for the tax rates for New Zealand.
  • New Zealand tax submission—Early Adopter: Lock transactions for a tax submission period and run reports on the tax records for those transactions to extract the data you need to file your taxes. After you complete your manual tax filing, you can unlock the submitted transactions and mark them as filed.
  • Singapore tax solution—Early adopter: The Australia GST standard tax solution provides an automated setup for the tax rates for Australia and customizable templates for tax invoices.
  • Singapore tax submission—Early adopter: Lock transactions for a tax submission period and run reports on the tax records for those transactions to extract the data you need to file your taxes. After you complete your manual tax filing, you can unlock the submitted transactions and mark them as filed.

Early Adopter programs

Early Adopter programs give participants access to features before they're available to everyone. Early adopters are expected to respond to feedback and survey requests. As an early adopter, you can influence how we develop the product so that it best meets your business needs.