LodgeiT

Question: The ledger does not contain additional transactions that I have entered into the Xero file, even if I refresh the import. The Workpaper balance do...

Question: What is the correct method for recording the imputation credits attached to a trust distribution for a company. Answer: It depends what the compa...

Question: Trust making distribution to company. Company receiving distribution - but no franking credit showing. Answer: Franking credits goes to “Distribu...

Question: Im completing CTR. Need to declare Jobkeeper payments at item Q Assesable government industry payments but cannot find how to link to that item fr...

Currently the only default option is Yes (Australian resident). But this value can be rolled over from previous year return. This means reports for the ne...

Taxable Income is the total income which are taxable in the tax return. It's the $100,000 per image below. Amount payable is the either 25% or 30% of...

Refer to this guide about subordinated debt

Question: I want to take out some of the line items to the imported financials from my accounting software. How can I do it? Answer:  If you use "impo...

Question: CTR net profit / loss in the tax return are not showing as taxable income. Solution:  1. Map accordingly the "Accounts" 2....

Question: Where can I find "Owned, or had interest in, assets located outside Australia with total value of AUD $50,000 or more" in Individual Tax...