--- title: How to Submit Your Centrelink Profit and Loss Statement (SU580) description: Learn 4 ways to submit your Centrelink Profit and Loss (SU580) form. Compare manual entry, PDFfiller, hiring an Accountant, and the All Sorted App to avoid debts and save time and money. --- [Skip to content](https://knowledge-base.allsorted.au/how-to-submit-your-centrelink-profit-and-loss-form-su580#main-content) English Show submenu for translations ![All Sorted Logo - Rectangle - 2000 x 1000.jpg\]](https://knowledge-base.allsorted.au/hs-fs/hubfs/All%20Sorted%20Logo%20-%20Rectangle%20-%202000%20x%201000.jpg?height=50&name=All%20Sorted%20Logo%20-%20Rectangle%20-%202000%20x%201000.jpg) Open main navigation Close main navigation - English Show submenu for translations - [Return to All Sorted Public Site](https://www.allsorted.au/) [Return to All Sorted Public Site](https://www.allsorted.au/?hsLang=en) Hello. How can we help you? - There are no suggestions because the search field is empty. 1. [Bookkeeping Knowledge Base](https://knowledge-base.allsorted.au/?hsLang=en) 2. [Centrelink Profit and Loss Statements (SU580)](https://knowledge-base.allsorted.au/centrelink-profit-and-loss-statements-su580?hsLang=en) 3. [SU580](https://knowledge-base.allsorted.au/centrelink-profit-and-loss-statements-su580?hsLang=en#su580) # How to Submit Your Centrelink Profit and Loss Statement (SU580) ## If you are a self-employed Participant receiving income support, Services Australia requires you to regularly report your business income and expenses using the Profit and Loss Statement (SU580). Accuracy is critical—estimating your numbers or claiming the wrong expenses is the leading cause of painful Centrelink debts. Here is exactly what you need to do to complete and submit your SU580 form correctly.[![How\_To\_Complete\_Centrelink\_Profit\_Loss\_Statement](https://knowledge-base.allsorted.au/hs-fs/hubfs/How_To_Complete_Centrelink_Profit_Loss_Statement.jpg?width=177&height=228&name=How_To_Complete_Centrelink_Profit_Loss_Statement.jpg)](https://knowledge-base.allsorted.au/hubfs/How_To_Complete_Centrelink_Profit_Loss_Statement.jpg?hsLang=en) ### Step 1: Download the Official Form You must use the official SU580 form provided by Services Australia. It is a standardized document that breaks down your gross income, business expenses, and net profit. - **Where to get it:** Download the blank PDF directly from the [Services Australia SU580 page](https://www.servicesaustralia.gov.au/su580) . ### Step 2: Gather Your Proof (Documents) Before writing a single number on the form, collect all your financial evidence for the specific reporting period (usually a 12-week or 90-day block): - **Income Records:** All sales invoices, cash receipt books, and point-of-sale summaries. - **Expense Records:** Every single business-related receipt, supplier invoice, and bank statement covering the period. ### Step 3: Categorize Your Business Expenses Centrelink has strict rules about what qualifies as an allowable business deduction. Separate your expenses into two main categories: - **Variable Expenses:** Costs that change based on business volume (e.g., advertising, bank charges, cleaning, fuel and oil, materials/stock, motor vehicle repairs, and wages paid to others). - **Non-Variable (Fixed) Expenses:** Ongoing costs regardless of sales volume (e.g., business insurance, rent for commercial premises, and vehicle registration). ### Step 4: Do the Math Calculate the exact total for each category. - **Not registered for GST?** Include the GST you paid in your expense totals. - **Registered for GST?** Exclude GST from both income and expenses to avoid double-dipping or inflating deductions.Subtract allowable expenses from gross income to determine your net profit. ### Step 5: Submit Online and Meet Deadlines You typically have **14 days** from the date Centrelink requests the form to submit it. - **How to submit:** Log into your Centrelink online account via myGov, or use the Express Plus Centrelink mobile app. Go to the "Upload documents" section, select "Profit and Loss Statement", and attach your completed PDF. 4 Ways to Complete Your SU580 Form While handling your quarterly reporting yourself is technically free, making a math error can lead to overpayment debts. Below is a comparison of the four primary ways to complete your SU580 report: | **Feature** | **1. Manual Entry (Print or PDF)** | **2. PDFfiller (Online Editor)** | **3. Accountant / Tax Agent** | **4. All Sorted App (Automated)** | | --- | --- | --- | --- | --- | | **Cost** | Free | ~$8 – $15 USD / month | $150 – $450+ per quarterly report | **$59 Flat Fee** per report | | **How it works** | Print the form, calculate by hand, use Adobe PDF to fill the fields in on your computer and write numbers manually. | Upload the blank SU580 to [PDFfiller](https://www.pdffiller.com/) and type numbers into boxes. | Send your receipts to an Accountant; they manually calculate and prepare the statement. | Upload photos of receipts or forward invoices to your secure **Document Vault**. | | **Does the Math?** | No. High risk of estimation and calculation errors. | No. It is an image editor—you must calculate totals manually. | Yes. Professional calculation, but turnaround time can take weeks. | **Yes.** Gemini AI extracts data and calculates exact totals automatically. | | **Expense Categorization** | You must guess which Centrelink category each receipt belongs to. | You must manually categorize and sum every receipt. | Accountant handles categorization, but may charge extra for unorganized receipts. | **Automated.** Allocates expenses strictly to Centrelink rules and handles GST logic. | | **The Verdict** | High risk of errors and debts. | Overpriced text editor; no actual accounting help. | Accurate, but expensive and slow for a simple 90-day form. | **The Smartest Choice.** Fast, cost-effective, foolproof compliance. | ### Why the All Sorted App is the Best Option Hiring an accountant for a quarterly SU580 form is often prohibitively expensive for self-employed Participants on income support. On the other hand, generic PDF editors like PDFfiller leave all the mathematical heavy lifting to you. The [All Sorted App](https://www.allsorted.au/pl-landing-page?hsLang=en) bridges this gap: 1. **Saves Hundreds:** At a flat rate of $59 per report, you save over $200+ compared to standard accounting fees. 2. **Saves Time:** The system eliminates manual data entry while ensuring complete accuracy. You get to skip hours of tedious calculations and PDF wrangling. 3. **Zero Guesswork:** Simply snap photos of your receipts or forward invoices to your **Document Vault**. Our AI extraction engine parses unstructured uploads and categorizes expenses strictly according to Services Australia rules. 4. **Flawless Output:** We generate a clean, compliant PDF ready for immediate upload to myGov, protecting you against Centrelink debts. 👉 [Complete Your Centrelink SU580 Form Automatically with All Sorted](https://www.allsorted.au/pl-landing-page?hsLang=en) - [Xero](https://knowledge-base.allsorted.au/xero?hsLang=en#main-content) - [How to](https://knowledge-base.allsorted.au/xero?hsLang=en#how-to) - [Online Payment](https://knowledge-base.allsorted.au/xero?hsLang=en#online-payment) - [General](https://knowledge-base.allsorted.au/general?hsLang=en#main-content) - [Security](https://knowledge-base.allsorted.au/general?hsLang=en#security) - [Client work instructions](https://knowledge-base.allsorted.au/general?hsLang=en#client-work-instructions) - [Integrations](https://knowledge-base.allsorted.au/integrations?hsLang=en#main-content) - [Stripe](https://knowledge-base.allsorted.au/integrations?hsLang=en#stripe) - [Agreements](https://knowledge-base.allsorted.au/agreements?hsLang=en) - [Government Requirements](https://knowledge-base.allsorted.au/government-requirements?hsLang=en#main-content) - [Tax](https://knowledge-base.allsorted.au/government-requirements?hsLang=en#tax) - [Super](https://knowledge-base.allsorted.au/government-requirements?hsLang=en#super) - [Payroll/HR](https://knowledge-base.allsorted.au/payroll-hr?hsLang=en#main-content) - [Superannuation](https://knowledge-base.allsorted.au/payroll-hr?hsLang=en#superannuation) - [Pay Runs](https://knowledge-base.allsorted.au/payroll-hr?hsLang=en#pay-runs) - [Google](https://knowledge-base.allsorted.au/google?hsLang=en#main-content) - [How To](https://knowledge-base.allsorted.au/google?hsLang=en#how-to) - [Centrelink Profit and Loss Statements (SU580)](https://knowledge-base.allsorted.au/centrelink-profit-and-loss-statements-su580?hsLang=en#main-content) - [SU580](https://knowledge-base.allsorted.au/centrelink-profit-and-loss-statements-su580?hsLang=en#su580) - [Internal](https://knowledge-base.allsorted.au/internal?hsLang=en#main-content) - [Profit & Loss Reports](https://knowledge-base.allsorted.au/internal?hsLang=en#profit-loss-reports) - [Onboarding](https://knowledge-base.allsorted.au/internal?hsLang=en#onboarding) - [Trivia](https://knowledge-base.allsorted.au/internal?hsLang=en#trivia) - [Invoice App](https://knowledge-base.allsorted.au/internal?hsLang=en#invoice-app) - [Invoice App](https://knowledge-base.allsorted.au/invoice-app?hsLang=en#main-content) - [Instructions](https://knowledge-base.allsorted.au/invoice-app?hsLang=en#instructions) - [Apps](https://knowledge-base.allsorted.au/apps?hsLang=en#main-content) - [Evidence All Sorted](https://knowledge-base.allsorted.au/apps?hsLang=en#evidence-all-sorted) [![All Sorted Home Page](https://knowledge-base.allsorted.au/hs-fs/hubfs/Logos/Updated%20-%20Gif%20for%20Email%20-%20All%20sorted%20Business%20Services.gif?width=480&height=270&name=Updated%20-%20Gif%20for%20Email%20-%20All%20sorted%20Business%20Services.gif "All Sorted Home Page")](https://www.allsorted.au?hsLang=en) scott.elsom.all.sorted.com.au.personal.getsidekick.com Help Center Copyright © 2026, All Sorted Business Services ```json { "@context" : "https://schema.org", "@type" : "Article", "about" : [ { "@type" : "Thing", "name" : "Centrelink Profit and Loss form (SU580)" }, { "@type" : "Thing", "name" : "Business Income Reporting" } ], "audience" : { "@type" : "Audience", "audienceType" : "Self-employed Participants" }, "author" : { "@type" : "Organization", "name" : "All Sorted Business Services", "url" : "https://www.allsorted.au" }, "description" : "Learn 4 ways to submit your Centrelink Profit and Loss (SU580) form. Compare manual entry, PDFfiller, hiring an Accountant, and the All Sorted App to avoid debts and save time and money.", "headline" : "How to Submit Your Centrelink Profit and Loss Form (SU580)", "mainEntityOfPage" : { "@id" : "https://www.allsorted.au/pl-landing-page", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://knowledge-base.allsorted.au/hs-fs/hubfs/Logos/Updated%20-%20Gif%20for%20Email%20-%20All%20sorted%20Business%20Services.gif" }, "name" : "All Sorted" } } ```