Bringing ATO Data into Workpapers – Integrated Client Account (ICA) & Income Tax Account (ITA)

Bringing ATO Data into Workpapers – Integrated Client Account (ICA) & Income Tax Account (ITA)

Introduction

Tax Sorted allows users to seamlessly bring ATO data directly into specific workpapers through ATO integration. This eliminates the need for manual data entry and reduces errors, saving time and improving accuracy.

Pre-requisite: Set Up ATO Integration

Before importing data, you must have ATO integration set up and enabled in Tax Sorted . If you have not yet completed this step, please follow the instructions in the help article below:

Populating ATO Data into Workpapers

Once the ATO integration is completed and a job has been created for the relevant financial year, Tax Sorted enables automatic data population in the following workpapers:
  1. ICA Reconciliation Workpaper
  2. ITA Reconciliation Workpaper
  3. Franking Account Workpaper

Steps to Perform in Tax Sorted

Step 1- Add a Workpaper: Navigate to your job and click the + icon under the Workpaper(s) column.

Step 2 - Select an ATO-Linked Workpaper: Choose either the ICA Reconciliation, ITA Reconciliation, or Franking Account workpaper. Example below:



Step 3 - Automatic Import from ATO: Upon adding the workpaper, Tax Sorted will connect to the ATO and automatically import the client's statement data for the selected job period.

Step 4 - Populate Workpaper with Imported Data: The system will replace predefined placeholders in the selected workpaper with real-time ATO data. Example below

A screenshot of a document AI-generated content may be incorrect.
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Benefits of This Feature

  1. Time Saving: No need to refer to ATO portal and manually copy data.
  2. Improved Accuracy: Minimises human errors in transcribing ATO figures.
  3. Streamlined Workflow: Information is directly aligned with the client's records for the financial year in review.

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