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The following formula can be used to verify the ABN you are allocated or to verify the ABN issued to a business you deal with.
To verify an ABN:
- Subtract 1 from the first (left) digit to give a new eleven digit number
- Multiply each of the digits in this new number by its weighting factor
- Sum the resulting 11 products
- Divide the total by 89, noting the remainder
- If the remainder is zero the number is valid
Weight factors (for Step 2)
Digit Position
1
2
3
4
5
6
7
8
9
10
11
Weight
10
1
3
5
7
9
11
13
15
17
19
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∙ 11y ago
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