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Tax Reports

Activity Statement Preparation

 

Provides Activity Statement data in the same format as the form that needs to be lodged with the ATO.  This report is to aid with the preparation of the BAS and reflects the following:

Item

Source
GST

Business events that have a GST component where the entity is registered for GST.
PAYG Withheld

Pension payments events that have a tax withheld amount. 

Only the taxable component is reflected in this report
  1. Select the desired Output Format (PDF or Word) using the radio buttons
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Enter the Start Date
  4. Enter the End Date
  5. Summary - selecting 'Yes' will provide a short version of this report 
  6. Report Header - selecting 'Yes' will turn on the report header logo
  7. Draft Watermark - selecting 'Yes' will turn on a draft watermark on each page
  8. Dollar Sign - selecting 'Yes' will display a '$' in the report
  9. Rounding - selecting 'Yes' will display rounding
  10. Negative Amounts - option to display negative amounts with brackets or a minus sign
  11. Page Footer / Number - option to either display both a page footer with date and time stamp, page numbers only or leave blank

    mceclip0.png

Annual Return - SMSF

 

Produces an accredited copy of the ATO's annual tax return for an SMSF.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

    mceclip1.png

Annual Return CGT Schedule - SMSF

 

Produces an accredited copy of the ATO's Capital Gains Tax schedule for an SMSF annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers
    mceclip2.png

Annual Return Losses Schedule - SMSF

 

Produces an accredited copy of the ATO's Annual Return Losses Schedule for an SMSF annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbersmceclip3.png

Annual Return Trust Income Schedule - SMSF

 

Produces an accredited copy of the ATO's Annual Return Trust Income Schedule for an SMSF annual return.

  1. Output Format - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year the report is available 2023-24: Financial Year onwards
  4. Suppress TNFs - Option to show or hide the Tax File Numbers

Annual Tax Return (Trust)

 

Produces an accredited copy of the ATO's annual tax return for a Trust.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

    mceclip0.png

Annual Return CGT Schedule (Trust)

 

Produces an accredited copy of the ATO's Capital Gains Tax schedule for a Trust annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

 

mceclip1.png

Annual Return Losses Schedule (Trust)

 

Produces an accredited copy of the ATO's Annual Return Losses Schedule for a Trust annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

    mceclip2.png

Annual Return Rental Schedule (Trust)

 

Produces an accredited copy of the ATO's Return rental schedule for a Trust annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

    mceclip3.png

Annual Return Trust Income Schedule (Trust)

 

Produces an accredited copy of the ATO's Return trust income schedule for a Trust annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year the report is available 2023-24: Financial Year onwards
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

 

Capital Allowance (only prior to FY12)

 

Produces an accredited copy of the ATO's Capital Allowances schedule for an SMSF annual return.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbersmceclip4.png

Compilation Report 

 

Generates a Compilation Report for an SMSF or Trust which is required by The Accounting Professional & Ethical Standards Board (APESB). 

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Enter the date of the letter
  5. Enables users to edit the Note contents
  6. Report Header selecting 'Yes' will turn on the report header logo
  7. Draft Watermark selecting 'Yes' will turn on a draft watermark on each page
  8. Page Footer / Number option to either display both a page footer with date and time stamp, page numbers only or leave blank
  9. Signature option - choose either Accountant, Director, Partner or None

    |mceclip5.png

Learn how to change the signature in the Compilation Report

Electronic Lodgment Declaration - SMSF

 

Generate an ELS Declaration which is required when the Annual Return is being lodged electronically

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbersmceclip6.png

Electronic Lodgment Declaration (Trust)

 

Generate an ELS Declaration which is required when the Annual Return is being lodged electronically

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Suppress TFNs - Option to show or hide the Tax File Numbers

    mceclip4.png

Request to Adjust Concessional Contributions

 

This report replicates the ATO "Request to adjust concessional contributions (NAT 74851)" form and can be submitted to the ATO in lieu of that form.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Report Header selecting 'Yes' will turn on the report header logo
  5. Draft Watermark selecting 'Yes' will turn on a draft watermark on each page
  6. Dollar Sign selecting 'Yes' will display a '$' in the report
  7. Rounding selecting 'Yes' will display rounding
  8. Negative Amounts option to display negative amounts with brackets or a minus sign
  9. Page Footer / Number option to either display both a page footer with date and time stamp, page numbers only or leave blank

    mceclip7.png

Statement of Taxable Income Report

 

Provides a reconciliation of all figures presented in the tax return and provides a break down of the transactions that affect the figure in the annual return

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Summary - selecting 'Yes' will provide a short version of this report 
  5. Report Header selecting 'Yes' will turn on the report header logo
  6. Draft Watermark selecting 'Yes' will turn on a draft watermark on each page
  7. Dollar Sign selecting 'Yes' will display a '$' in the report
  8. Rounding selecting 'Yes' will display rounding
  9. Negative Amounts option to display negative amounts with brackets or a minus sign
  10. Page Footer / Number option to either display both a page footer with date and time stamp, page numbers only or leave blank

    mceclip8.png

Tax Accounting Reconciliation (Trust)

 

Generates a reconciliation of the fund's income tax. Runs for a specified Financial Year

  1. Select the desired Output Format (PDF or Word) using the radio buttons
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Report Header - selecting 'Yes' will turn on the report header logo
  5. Draft Watermark - selecting 'Yes' will turn on a draft watermark on each page
  6. Dollar Sign - selecting 'Yes' will display a '$' in the report
  7. Rounding - selecting 'Yes' will display rounding
  8. Negative Amounts - option to display negative amounts with brackets or a minus sign
  9. Page Footer / Number - option to either display both a page footer with date and time stamp, page numbers only or leave blank

mceclip2.png

Statement of Net Income Report

 

Provides a reconciliation of all figures presented in the tax return and provides a break down of the transactions that affect the figure in the annual return

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Summary - selecting 'Yes' will provide a short version of this report 
  5. Report Header selecting 'Yes' will turn on the report header logo
  6. Draft Watermark selecting 'Yes' will turn on a draft watermark on each page
  7. Dollar Sign selecting 'Yes' will display a '$' in the report
  8. Rounding - selecting 'Yes' will display rounding
  9. Negative Amounts option to display negative amounts with brackets or a minus sign
  10. Page Footer / Number option to either display both a page footer with date and time stamp, page numbers only or leave blank

mceclip0.png

Tax Summary

 

Generates a document with summary numbers for relevant labels of an individual or trust tax return. This report is not currently supporting company, partnerships or SMSFs set up as a portfolio.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Report Header selecting 'Yes' will turn on the report header logo
  5. Draft Watermark selecting 'Yes' will turn on a draft watermark on each page
  6. Dollar Sign selecting 'Yes' will display a '$' in the report
  7. Negative Amounts option to display negative amounts with brackets or a minus sign
  8. Page Footer / Number option to either display both a page footer with date and time stamp, page numbers only or leave blank

    mceclip1.png

Statement of Distribution

 

Generates the distribution details to each beneficiary to assist them entering their tax returns.

  1. Output Format  - select using the radio button
  2. Last Period Update End Date - will show the date only when a period update has been run
  3. Financial Year select the period covered for this report
  4. Report Header selecting 'Yes' will turn on the report header logo
  5. Draft Watermark selecting 'Yes' will turn on a draft watermark on each page
  6. Dollar Sign selecting 'Yes' will display a '$' in the report
  7. Negative Amounts option to display negative amounts with brackets or a minus sign
  8. Page Footer / Number option to either display both a page footer with date and time stamp, page numbers only or leave blank

mceclip3.png

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