If you use EDGE to lodge documents that have a fee, you can pay by direct debit or credit.
Agents have the ability to set up a direct debit account with ASIC. The direct debit account is used for payments for lodging certain forms with ASIC including the following:
- Prepare the Application for voluntary deregistration of a company - Form 6010/407
- Company Name Change - Form 205 / 409
- Reservation of a Name 410, 410B and 410F
- Name Registrations Form 201
To set up direct debit or credit payments you will need to complete a Direct Debit Request Form RA04. Form RA04 is a manual form. This authorises us to debit money from the company's account.
Once a direct debit account has been created with ASIC, the above documents which are lodged and accepted using CAS 360 will receive an ASIC invoice into the program and any required fees will be automatically deducted from your ASIC Agent Debit account.
|Fromthe Main Toolbar, go to Company.||
|Select Prepare Agent Form||
Select Form RA04 - Direct Debit Request
The Form RA04 - Direct Debit Request screen will display
|Agent||Select your Registered Agent|
|Daily ASIC credit limit||
Enter the limit your firm will authorise ASIC to charge their bank account each day. You will not be able to lodge documents that will cause this limit to be exceeded
It is your responsibility to have sufficient clear funds available in your account up to your daily ASIC credit limit to permit the payment of debit items initiated in accordance with your Direct Debit Request. If a transaction will cause your agreed daily ASIC credit limit to be exceeded, the transaction(s) will be rejected. If at any time, one or more transactions have previously failed, upon request from you, ASIC will consider negotiating an arrangement allowing you to exceed the agreed daily ASIC credit limit for a limited period of time.
|Date of the document|
Funds to be debited for
|Input the nominated bank account details|
|To cancel the Form RA04|
|Click to prepare the Form RA04|
I have set up my Direct Debit Account. What do I do now?
Once your Direct Debit Account has been set up, ensure the direct debit option is on to notify ASIC to charge the Debit account when a lodgement is made.
|From the Main Toolbar, go to Settings||
|Select Lodgement/Agent Settings||
If you have not added an agent yet, click Setting up an ASIC Agent for detailed instructions.to create a new agent. Refer to
Beside the Agent, click
Selectfor the ASIC Direct Debit option.