[b]FOR IMMEDIATE RELEASE

[b]CONTACT: [/b]
[b]GOVREPORTS[/b]
[b]Street:[/b] 159-175 Church
[b]City:[/b] Parramatta
[b]State:[/b] NSW
[b]Zip Code:[/b] 2150
[b]Country:[/b] Australia
[b]Telephone:[/b] 1300 65 25 90
[b]Website:[/b] http://www.govreports.com.au/
[b]Email:[/b] [email protected]

[b]Sydney (AUS) 24th March 2017:[/b] Technology has brought in a paradigm shift in how tax professionals work and cater to the needs of their clients. In a bid to offer an interesting edge to the tax professionals, GovReports (http://www.govreports.com.au) has brought out the latest PAYG payment summary capability within its suites of application allowing tax practitioners to service their clients with increased efficiency and accuracy. Its suite of applications has been developed keeping in mind the challenges faced by the professionals and includes features that are in sync with the latest demands in compliance and taxation and the ever changing tax scenario of Australia.

[b]Comprehensive Solution[/b]

It is mandatory for every Australian business to produce PAYG payment summaries& Annual report at the end of the financial year. Payment summaries need to be supplied to the employees and at the same time Annual report to be lodged with the Australian Taxation Office or the ATO. Withcloud based PLS Tax software, a tax professional can login from anywhere at any time and lodge form with the ATO.

For clients with payroll software that generate EMPDUPE files, tax and BAS agents can upload files for lodgement as they can also do with ATO portals. However, for clients without payroll or upto date software, tax practitioners can create payment summaries for employees and generate Annual Reports for clients from PLS Tax software like GovReports and submit for direct ATO lodgement.

With automatic queuing features and creates backup of the work when the ATO platform is unable to process lodgements in realtime thus, saving time and effort for the practitioner. The software sends alerts on successful lodgement and in other cases, allowing for multiple lodgements from a single window.
It also has reports amendment and revision capabilities for tax professionals to re do the PAYG report and lodgement as with Activity Statements and other tax returns if and when is required to rectify the errors made or found.

[b]Compatibility with Accounting Systems[/b]

It is compatible for all EMPDUPE files generated from any payroll software and integrated with all major accounting systems that help tax professionals save time and also improve their accuracy and service offerings. The list of current integrations for easier report lodgements includes accounting systems such as -

• Xero
• IntuitQuickbooks
• MYOB
• Reckon
• SageOne
• Thomson Reuters One Source Indirect Tax

Along with the creation and lodgement capability of Payment Summary, the service extends to all other compliance and tax related reports which tax practitioners need to undertake on a daily basis as part of their service to clients.
If you would like to know more about PAYG payment summary capability and other services being offered by GovReports, visit their official website - http://www.govreports.com.au or call 1300 65 25 90

[b]About GovReports:[/b] GovReports (http://www.govreports.com.au) is Australia's first SBR lodgement solutions provider. They have been around since the commencement of SBR and with a consistent 100% accuracy; clients are rest assured about their credentials. They use the latest technology and have multiple innovation patents over them in several countries.

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