ATO has our BAS account listed as branch 002. How can I confirm this is the same as in quickbooks, I believe it is usually 001
Hi Ajgale-gale,
With regard to the company settings, the branch number is an identifier for a business entity i.e. for multiple employing entities. For tax purposes, each entity is reporting individually under a branch number.
It is best to confirm with ATO as well what the branch number is for your business entity if you have multiple employing entities / branches.
If you have further questions about branch numbers, or if this doesn't address your query, please let us know.
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