Platform
Activity statements that are ready, not reconstructed.
GST coding and draft activity statements, prepared as you go. Lodgement stays human.
Overview
Compliance should not be a quarterly panic. dexIQ keeps GST coding current on every transaction and prepares draft BAS and IAS from validated data, so you are ready well before the deadline.
The compliance agent validates GST treatment as work flows through, checks supplier GST registration, and assembles the numbers for your activity statements. A registered person reviews, signs off and lodges. dexIQ prepares; it does not lodge.
What you get
- GST coding checked on every transaction, continuously.
- Supplier GST registration validated against the ABR.
- Draft BAS and IAS assembled from reconciled data.
- Lodgement and sign-off stay with a registered human.
Why BAS is painful, and it is not the lodgement
Preparing an activity statement is mostly archaeology. The lodgement itself takes minutes. What takes days is going back through a quarter of transactions to work out which ones were coded wrong, which suppliers were not actually registered for GST, and why the GST control account does not agree to the ledger.
That work exists because GST treatment is decided once, quickly, at coding time, and then not checked again until the deadline. By then the person who coded it has forgotten the invoice and the supplier has moved on.
dexIQ checks GST at the point the transaction is coded and keeps checking as the quarter progresses. Errors surface in the week they happen, when the context is still available and the fix is a correction rather than an investigation.
What gets checked, continuously
The checks are the ones a reviewer would run if they had time to run them on every transaction rather than on a sample.
- Supplier ABN validated against the ABR, with GST registration status confirmed.
- GST-free and input-taxed treatments flagged where they look inconsistent with the supplier or the account.
- Common coding errors caught by pattern: bank fees, ASIC fees, government charges, donations, residential rent and insurance stamp duty.
- Mixed-supply invoices split correctly rather than taxed at a single rate.
- GST control account reconciled to the ledger as you go, not at quarter end.
- W1 and W2 assembled from payroll for IAS, with amounts excluded from W1 identified.
Prepared for review, lodged by a person
dexIQ assembles the activity statement figures and the workpaper behind them, with every number traceable to the transactions that produced it. What you receive is a draft and the evidence.
It does not lodge. Activity statement lodgement carries professional obligations, and in most cases a registered BAS or tax agent is signing. That review and that signature stay with the person who holds the registration, which is both a legal requirement and the right control.
Questions
BAS & IAS, answered.
Can software prepare our BAS automatically?
It can prepare the figures and the supporting workpaper from validated transaction data, which removes most of the work. It should not lodge on your behalf. Lodgement carries professional obligations and a registered agent or authorised person needs to review and sign.
Does dexIQ lodge our BAS with the ATO?
No. dexIQ prepares the draft and the workpaper behind it. A registered person reviews, signs off and lodges. That boundary is deliberate: lodgement is an irreversible action with professional consequences, and dexIQ does not take irreversible actions on its own.
How does it catch GST coding errors?
By checking treatment at the point of coding rather than at quarter end. Supplier ABNs are validated against the ABR and GST registration confirmed, and common error patterns are flagged, including bank fees, ASIC fees, government charges, donations and residential rent, which are the ones that most often carry GST incorrectly.
What about mixed supplies?
Invoices carrying both taxable and GST-free lines are split rather than taxed at a single rate. Groceries, some insurance products and certain government charges are the common cases, and they are where a single-rate assumption quietly produces a wrong BAS.
Does it handle monthly IAS as well as quarterly BAS?
Yes. W1 and W2 are assembled from payroll data, with any earnings or deductions excluded from W1 identified, which is where pre-tax items such as salary sacrifice arrangements are most often mis-tagged.
Will our accountant still have what they need?
Yes, and more of it. The workpaper traces every figure back to the transactions behind it, so review is checking a conclusion rather than rebuilding the numbers. Xero remains the system of record.
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