Questions & Answers

Q: Is your Tax Invoice template customizable? If it can't be customised, would you be able to provide me with a sample tax invoice so I can see how it is structured?

A: Invoices are not customisable. You can see the layout by following the "How do I create an invoice?" link at https://bas-i.com.au/?getcontent=help

Question and Answer Item 2058544 - Browse All Question and Answer Items

Q: I noticed that the current valuation model appears to be based solely on a single year of operating performance. From what I understand, standard business valuation practices typically consider at least three years of historical operating results to ensure a more reliable and comprehensive assessment. Does your program include a model that incorporates multiple years of data?

A: Regarding the operating performance the model uses inputs for 1 year (current) and then forecasts a further 3 years of operating performance utilizing the current year data and the Relative Indicators provided on the Input tab. A relative indicator is used to reflect changes in the factors that influence future business performance and hence its value. Current year data should reflect a base operation state. Changes from this (internal and external) are captured by the Relative Indicators and applied in the business forecast and valuation.

Question and Answer Item 2058543 - Browse All Question and Answer Items

Q: How can I update my bas-i.c account?

A: Simply use the link in your last Account Code email to open bas-i.c ( https://bas-i.com.au ). You can also have your Account Code resent from https://bas-i.com.au/resend.html . When you use the Account Code link bas-i.c will use the email account details provided. However as all data is saved locally on the system / browser used data can only be accessed from the system / browser it was saved on.

Question and Answer Item 2058541 - Browse All Question and Answer Items

Q: Is https use for bas-i.c accounting required?

A: https secure protocol is now default for bas-i.c accounting. Please use https://bas-i.com.au for all accounts.

Question and Answer Item 2058540 - Browse All Question and Answer Items

Q: I would like to submit my BAS form online for 2022. Kindly send me the link as I have failed to complete the BAS with the assumption that I don't have any business activity.

A: The Australian Tax Office manages GST and BAS. You should contact them, for details see their gst page at https://www.ato.gov.au/Business/GST/ .

Question and Answer Item 2058536 - Browse All Question and Answer Items

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