Australia

This topic provides information about Dynamics 365 for Finance and Operations functionality that supports Australian regulations.

Bank file formats for Australian banks

The names of the Australian banks and the file formats that they accept for electronic payments are listed in the following table.

Bank name Bank interface File format
Australia and New Zealand Bank ANZ TransActiveBanking for Business ANZ Direct Credit Service (AU)
Commonwealth Bank of Australia CommBiz CBA Direct Credit Service (AU)
Westpac Banking Corporation Corporate OnlineBusiness Online WBC Direct Entry System (AU)
St. George Bank Business Banking Online STG Direct Credit Service (AU)
National Australia Bank Internet BankingNAB ConnectNAB Online NAB Direct Credit Service (AU)

Business activity statement (BAS)

Australian businesses report taxation obligations to the Australian Tax Office using the Business activity statement (BAS). For more information about the business activity statement feature in Finance and Operations, see Business activity statement .

Low-value pool depreciation

Australia uses a low-value pool depreciation method that allows low-cost and low-value assets to be allocated to a low-value pool if the cost or opening adjustable value is less than a specified amount. For more information, see Low-value pool depreciation.

Additional resources