Why should I connect to my accounting software in ABS Business Reporting?
How connecting to your accounting software in ABS Business Reporting can make it quicker and easier to complete your survey
Connecting to accounting software in ABS Business Reporting makes it faster and easier to complete ABS financial surveys.
If the business you are reporting for uses Xero, MYOB or QuickBooks online, you can now choose to securely connect to your account software to help you report.
Once you connect, you'll be able to select which accounts or categories you want to include for each of the reporting questions.
The accounts you select will be saved securely so that if you need to report again, you'll be taken straight to a prefilled report and only need to review and submit.
Connecting to accounting software streamlines the reporting process, eliminating the risk of manual errors and saving you time.
As a small business owner, when completing the ABS form, I'd recommend connecting your accounting data. Connecting the accounting data really made the setup for the form easy, and each following quarter was almost click of a button.
More information on ABS Business Reporting can be found at www.abs.gov.au/br
If the business you are reporting for uses Xero, MYOB or QuickBooks Online, connecting securely to your accounting software in ABS Business Reporting can make it faster and easier to complete your Quarterly Business Indicators Survey.
By choosing to connect, you will be able to see information from accounting software on screen as you complete your survey. You can select accounts or categories from accounting software to include for each survey question, and a total will be generated automatically.
People who have connected to accounting software to help them report to the ABS have found it is intuitive, easy to use, and streamlines the reporting process.