This video shows how the classification at the member level in the SMSF form also drives classification at the report level.
Import SMSF member details straight from your financial data into your tax returns and financial report
The Basic
1. Prepare your Financials
*see attached sample
2. Classify the Accounts
Make sure to to classify the "Accounts"
3. Import to Tax Form
Click Import, and select the associated accounts.
4. Financial Report
Via "Members Profit Distribution Summary" it will be automatically injected.
