What payments can be excluded from PTRS?

Quick answer

The Regulator provides specific exclusions, including certain government and employee payments, payments to entities without an ABN, intragroup payments and qualifying credit card payments.

What does this mean?

Exclusions need to be applied according to the specific rules rather than through broad assumptions about payment types. Government and employee payments are excluded because they are not trade credit arrangements. Payments to payees without an ABN and payments within the same consolidated group are excluded from the TCP Dataset. Certain credit card payments may also be excluded. Partial payments are treated differently: they remain relevant to the TCP Dataset but are excluded from the SBTCP Dataset for payment-time calculations until the obligation is settled.

Practical point

Treat exclusions as individual classification rules, not as a general cleanup exercise. The Regulator may review the methodology and assumptions used to remove transactions from the reporting population.

Other ways people ask this

• Which payments can I leave out of a Payment Times Report?
• What transactions are excluded from PTRS?
• Which supplier payments do not have to be reported?
• What should be removed from the Trade Credit Payment Dataset?

Official sources

• Payment Times Reporting Guidance Materials
  Excluded payments – Government and employee payments
  Paragraphs: 115, 116, 117, 118, 119 · Page: 34
• Payment Times Reporting Guidance Materials
  Excluded payment – Entity without an ABN
  Paragraphs: 151, 152, 153 · Page: 39-40
• Payment Times Reporting Guidance Materials
  Excluded payment – Intragroup payments
  Paragraphs: 154, 155, 156 · Page: 40
• Payment Times Reporting Guidance Materials
  Excluded payment – Credit cards
  Paragraphs: 157, 158, 159, 160, 161, 162 · Page: 40-41
• Payment Times Reporting Guidance Materials
  Excluded payments – Partial payments
  Paragraphs: 164, 165 · Page: 41-42

Related guidance

• Are credit card payments included in PTRS?
• Are payments to government entities included in PTRS?
• Are employee payments included in PTRS?
• Are payments between related companies included in PTRS?
• What if a supplier does not have an ABN?

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