How do I identify small business suppliers for PTRS?

Quick answer

Prepare the Trade Credit Payment Dataset first, then run the supplier ABNs through the Small Business Identification Tool to determine which payments belong in the Small Business Trade Credit Payments Dataset.

What does this mean?

The TCP Dataset contains payments to Australian businesses with an ABN that meet the relevant trade credit requirements. Once that dataset has been prepared, supplier ABNs are checked using the SBI Tool. Payments to ABNs identified by the tool as small businesses must be included in the SBTCP Dataset and are then used for the relevant small-business payment-time calculations.

Practical point

Small-business identification comes after the trade credit population has been prepared. Do not start by filtering the entire accounts payable ledger to businesses you believe are small; first establish the correct TCP Dataset and then apply the SBI Tool.

Other ways people ask this

• How do I work out which suppliers are small businesses for PTRS?
• Which suppliers should be included in the small-business payment dataset?
• How do I check supplier ABNs for Payment Times Reporting?
• Do I identify small businesses before or after building the TCP Dataset?

Official sources

• Payment Times Reporting Guidance Materials
  Consolidation of payments
  Paragraphs: 101, 102 · Page: 28
• Payment Times Reporting Guidance Materials
  SBTCP Dataset
  Paragraph: 163 · Page: 41
• Worked Example – Standard Payment Times Report
  Glossary
  Reference: SBTCP Dataset

Related guidance

• What is the Small Business Identification Tool?
• What if a supplier does not have an ABN?
• What is a trade credit arrangement?

Preparing a Payment Times Report?

Monochrome Compliance can help with the data preparation, validation, reconciliation and reporting process.

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