Company: Reconciliation

Understanding the Reconciliation Section - Company Tax Return (CTR)
The reconciliation section of a tax return allows the accounting income to be reconciled to the taxable income. The reason for this is that certain income i...
Thu, 23 Jan, 2025 at 12:44 PM
Reporting Dividend Income received
In the example below, taxable dividend income is $630 while equivalent accounting income is only $600, creating an increasing reconciling difference of $30....
Thu, 23 Jan, 2025 at 12:46 PM
Understanding Reconciliation for Small Business Entity (SBE)
The reconciliation section of a tax return allows the accounting income to be reconciled to the taxable income. The reason for this is that certain income i...
Thu, 23 Nov, 2023 at 7:31 AM
Non deductible expenses
Question: Non deductible expenses in Company Return. The system is picking up the wrong super amount from the balance sheet in non-deductible expenses Ans...
Thu, 23 Jan, 2025 at 12:49 PM
Borrowing Cost Schedule
Question: Is there any way to populate these worksheets if we have already created Borrowing costs schedules under "Tools > Borrowing costs". ...
Thu, 2 May, 2024 at 8:40 AM
Small Business Skills and Training Boost / Small Business Technology Investment Boost
The ATO introduced two measures to support small businesses, the Small Business Technology Investment Boost and the Small Business Skills and Training Boost...
Thu, 23 Jan, 2025 at 1:29 PM
Small Business Tax Rate in Company Tax Return
Question: The tax rate is calcualated at 30% whereas rate should be 25% of the small business return. How am I able to edit the rate? Solution: Please enab...
Thu, 23 Jan, 2025 at 1:33 PM