Currently the Taxable Payments Annual Report for Australia retrieves all vendors from a vendor group for TPAR calculation and reporting.
However, there's the situation where some vendors, across certain legal entities, may change their business nature (e.g., providing both materials and services, or vice versa).
Therefore, it'll be helpful to have a vendor filter to exclude such vendors from vendor group when running Taxable Payments Annual Report.
Comments
Having a payment agent who makes payments independently and provides us with a report would require the ability to manually enter details to the system generated report. Could we have the ability to add and remove vendors payments since the ATO requires only one TPAR report for each entity.
Category: Accounts Payable