Exclusions · question
Are payments to government entities included in PTRS?
Quick answer
No. Payments to government entities are not trade credit arrangements for PTRS purposes and must be excluded from the reporting datasets.
What does this mean?
The Regulator states that payments to government entities, corporate Commonwealth entities and local government bodies are excluded from reporting. The Small Business Identification Tool includes a list of Commonwealth, State and Local Government ABNs that can assist reporting entities with identifying these payments.
Practical point
Government suppliers should be identified deliberately rather than relying only on supplier names. The SBI Tool can help identify government ABNs in the dataset.
Other ways people ask this
- Do payments to government suppliers need to be reported?
- Are council payments included in PTRS?
- Do Commonwealth or State Government invoices count for PTRS?
- How do I identify government suppliers to exclude from PTRS?
Official sources
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Payment Times Reporting Guidance Materials
Excluded payments – Government and employee paymentsParagraphs: 115, 116, 117 · Page: 34
Related guidance
Preparing a Payment Times Report?
Monochrome Compliance can help with the data preparation, validation, reconciliation and reporting process.