The ATO have released notes about how the reportable payments system is expected to work. Detailed article in the upcoming ICB newsletter.
ATO information at:
http://www.ato.gov.au/businesses/content.aspx?menuid=0&doc=/content/00313486.htm&page=1&H1
NOTHING IS REQUIRED TO BE LODGED UNTIL JULY 2013
We believe all required information will already be caught in your software.
We hope all software will allow electronic lodgement.....we hope