What is SBR?
SBR simplifies business-to-government reporting
SBR is an initiative focused on reducing the business reporting burden and is part of the Council of Australian Governments’ (COAG) partnership to deliver a seamless national economy. The initial focus is on financial reporting from business to government.
Under SBR, Australian businesses are able to use SBR-enabled software to prepare and lodge key government forms directly from their software to the agencies participating in the SBR program. Businesses use a single secure log on, AUSkey, when sending reports to agencies via SBR. SBR streamlines business to government reporting requirements.
Standardised reporting terms
Business people know that there is a serious lack of standardised terms used across multiple government reports; businesses often have to interpret terms for one agency that have a different meaning in another, or use a variety of terms for different agencies that actually mean the same thing.
To tackle this issue SBR developed a single reporting dictionary (taxonomy), based on international best practice and standards. Working in collaboration with state and federal government agencies, SBR has standardised the definitions for many of these terms to remove unnecessary or duplicated data in the reporting obligations.
SBR-enabled software
SBR has developed a solution that allows businesses systems to prepare and then send electronic reports securely and in real time to government. Software providers are progressively creating accounting, payroll and financial software enabled to use SBR.
AUSkey - a single secure sign-on
SBR-enabled software provides access to an AUSkey - single secure sign-on or common authentication system for government online services. For businesses, this means a single credential for dealing with all participating agencies online rather than using a handful of user IDs and passwords to interact with government.
Last updated: 09 May 2012
Page ID: 12650
