AML/CTF software for Australian BAS agents
Keep routine BAS and bookkeeping work separate from any captured entity, transaction or client-money service, with a BAS-agent-specific scope, CDD and evidence workflow.
Five situations, in plain words
Illustrations of questions bas agents meet. Not customers, and not a decision for your file.
Lodging a BAS on its own is usually not covered. Keep that decision with the job.
Bookkeeping that only records the client's own books is usually not covered.
Receiving the client's money into your account can change the answer. Check it.
Forming a company while you do the books is a separate service. Scope it on its own.
A client who asks you to hold sale money is not a routine BAS job.
Work that can be covered
- Routine BAS work recorded as outside scope on its own
- Bookkeeping that involves receiving, holding or controlling client money or property
- Company or trust formation where lawfully provided
- Business, entity or real-estate transaction assistance where lawfully provided
- Registered-office or related company-service work where lawfully provided
What to keep on the file
- TPB and ABR registration details
- Engagement-level service and client-money facts
- Scope reasoning and rule references
- Identity, ownership and screening records
- Approvals, training and review history
Guides for bas agents
- AML/CTF guide for BAS agents5 min
A practical guide for Australian BAS agents deciding whether their services are regulated and building controls for any professional designated services they provide.
- Bookkeeping versus designated services5 min
How BAS agents and bookkeepers distinguish ordinary processing from client-money, entity, transaction and address services regulated under Australia's AML/CTF Act.
- Payment authority for BAS agents5 min
A detailed guide to fixed payment instructions, discretionary authority, client-bank access and the table 6 item 3 boundaries that BAS practices must assess.
- Entity and address services5 min
How BAS practices scope company and trust creation, legal-form restructuring, nominee arrangements and registered-office or principal-address services.
- Small-business KYB for BAS agents5 min
A risk-based entity due-diligence workflow for BAS practices providing designated services to companies, partnerships, trusts and sole traders.
- BAS agent checklist3 min
A practical AML/CTF checklist for BAS agents and bookkeepers: service scope, client money, entity services, CDD, reporting and the records to keep.
- Client money duties4 min
When holding or controlling client money makes a bookkeeping service a designated service, and the CDD, reconciliation and monitoring controls that follow.
- Bookkeeping red flags3 min
The payment, structure and instruction patterns bookkeepers and BAS agents should escalate, and how to record the assessment without tipping off.
Questions bas agents ask
Are all bas agents regulated by AUSTRAC?
No. It depends on whether the business provides a designated service with the required Australian link, not on the professional title. Assess each service and take advice where the boundary is uncertain.
What should bas agents keep for an AML/CTF review?
The scope decision, customer and beneficial-owner evidence, the risk assessment, screening and escalation decisions, approvals, reporting records, training and the current AML/CTF program.
Does Cassandra AML replace legal advice?
No. It organises compliance work and evidence. It does not give legal advice, guarantee compliance or imply AUSTRAC endorsement.