The activity statement ratios tables contain the following:
- expense to sales ratio = (non-capital purchases + total salary & wages) / total sales
- net GST to sales ratio = (GST on sales – GST on purchases) / total sales
- wages to sales ratio: total salary & wages / total sales
The actual activity statement labels used to calculate the ratios are:
Data item |
BAS label |
|---|---|
Total sales |
Total sales, label G1 |
Total salary & wages |
Total salary, wages and other payments, label W1 |
Non-capital purchases |
Non-capital purchases, label G11 |
GST on sales |
GST on sales or GST instalments, label 1A |
GST on purchases |
GST on purchases, label 1B |