If a client doesn't have a card for the ASIC fee and asks for bank details or BPAY details, send the BPAY details. CAS 360 has no bank details to send because ASIC only publishes bank account details (BSB and account number) for international payments. The client can pay by BPAY from their bank account through internet banking, without a card.
Without a card, a client can pay by BPAY from their internet banking, at an Australia Post outlet with Post Billpay, or by cheque. To pay by BPAY or Post Billpay, the client needs the company's ASIC payment details: the biller code and the company's reference number. These are on the ASIC invoice, and CAS 360 also stores them for each company.
Paying an ASIC fee without a card
ASIC lists these payment options on its Payment options page and on the back of the ASIC invoice statement:
| Payment option | What the client needs |
|---|---|
| BPAY (internet or phone banking, from a cheque, savings or credit card account) | Biller code 17301 and the company's BPAY reference number. Allow 3 business days for ASIC to process the payment. |
| Post Billpay in person at any Australia Post outlet (cash, cheque or EFTPOS) | The ASIC invoice payment slip, or the Billpay code 8929 and the company's Post Billpay reference number. |
| Post Billpay online at postbillpay.com.au or by phone on 13 18 16 (Visa or Mastercard) | The Billpay code and the company's Post Billpay reference number. |
| Cheque or money order by mail, payable to ASIC | The payment slip from the ASIC invoice. See ASIC's Payment options page for the mailing address. |
Bank account details
ASIC publishes bank account details (BSB and account number) for international payments only. For a client paying from Australia without a card, send the BPAY details: the client can pay by BPAY from their bank account through internet banking.
Where to find the BPAY and Post Billpay details in CAS 360
CAS 360 stores each company's ASIC BPAY reference and Post Billpay reference. You can see them in three places.
Company Debt Alert
| From the Main Toolbar, go to Company. | |
| Beside the company, hover over the Company Debt Alert icon. The alert shows the company's BPAY and Post Billpay details. |
Company Info > Client Data
Go to Company, select the company, then select Company Info and open Client Data. The BPAY Reference and Post Bill Pay Reference fields hold the company's ASIC payment references. These are the same details shown in the Company Debt Alert, so yes, these are the details to send to a client who wants to pay by BPAY or Post Billpay. Send them with ASIC's biller code (17301) or Billpay code (8929).
The company's BPAY reference number starts with 229, followed by the company's ACN and a check digit (13 digits in total).
ASIC invoice documents
The BPAY and Post Billpay details are printed on the ASIC invoice. The Annual Company Statement that CAS 360 prepares doesn't include the ASIC invoice, so a client who receives only that document won't have the payment details. To give the client the payment details, send one of these:
- the ASIC Annual Statement (ASIC's original statement, which includes the ASIC invoice) or the ASIC Invoice. See What is the difference between the Annual Company Statement, ASIC Annual Statement and ASIC Invoice?
- a debt reminder from the Company Debt Alert: select Send Reminder, select the recipient and turn on the invoice to attach it. See ASIC Invoices.
BPAY and Post Billpay details not appearing in CAS 360
CAS 360 imports a company's BPAY and Post Billpay details automatically only after it receives an Annual Company Statement or ASIC Invoice for the company.
If CAS 360 hasn't received an annual review or ASIC invoice for the company yet, but the company has an existing debt, enter the details manually:
- From the Main Toolbar, go to Company.
- Beside the company, hover over the Company Debt Alert icon.
- Select Click to enter BPAY/Post Billpay details and enter the company's reference numbers as shown on the ASIC database.
Select Click here to view on ASIC Database to open the ASIC database page that shows the company's payment details.
I sent the annual company statement to the client but they don't have a card for this account and are asking for the bank details or BPAY. Where can I locate the bank details? There are no bank details to send: ASIC only publishes bank account details for international payments. Send the client the BPAY details instead, so they can pay from their bank account through internet banking without a card. In CAS 360, go to Company and hover over the Company Debt Alert icon beside the company, or go to Company Info > Client Data, to see the company's BPAY reference and Post Billpay reference. The client can pay by BPAY through internet banking using biller code 17301 and the company's BPAY reference, or pay in person at Australia Post with cash, cheque or EFTPOS using the Post Billpay details on the ASIC invoice payment slip.
I sent the Annual Company Statement to the client but there are no payment details. How can the client pay? The Annual Company Statement prepared by CAS 360 doesn't include the ASIC invoice. Send the client the ASIC Annual Statement or the ASIC Invoice, which include the BPAY and Post Billpay details, or send a debt reminder from the Company Debt Alert with the invoice attached.
In Company Info > Client Data, are the BPAY reference and Post Billpay number what the client needs to pay ASIC? Should I send those? Yes. The BPAY Reference and Post Bill Pay Reference in Client Data are the company's ASIC payment references, the same details shown in the Company Debt Alert. Send them to the client with ASIC's BPAY biller code 17301 (for internet banking) or Billpay code 8929 (for Australia Post).
Why are a company's BPAY and Post Billpay details not showing in CAS 360? CAS 360 imports them only after it receives an Annual Company Statement or ASIC Invoice for the company. Until then, hover over the Company Debt Alert icon and select Click to enter BPAY/Post Billpay details to enter them manually.