PAYG Tax Withheld Amount is zero in BAS

Issue – When generating the Business Activity Statement on Reports > VAT/GST > Business Activity Statement, after selecting the Tax Period, PAYG Tax Period, and Subsidiary (if applicable), the PAYG Tax Withheld Amount being returned is 0.00. When there are taxes withheld on NetSuite records.

Solution –

1. Go to Setup > Company > Setup Tasks > Business Activity Statement (Administrator).

2. On Set Up Business Activity Statement Page, click Edit.
3. On Total salary, wages and other payments (W1) and Amount withheld from payments shown at W1 (W2) Multi-select Fields, add the applicable accounts to be included for each of the fields.
4. Click Save.

Generating the Business Activity Statement on Reports > VAT/GST > Business Activity Statement would now show the amounts for PAYG Tax Withheld.
Note: The BAS report will be only available for Australian subsidiaries.