Class reports automatically imported and tagged

Class reports automatically imported and tagged

Overview

When importing a lead schedule into SMSF Sorted from Class, a number of reports are imported via API. This article outlines which reports are imported.


Imported reports from Class

  1. Activity Statement Preparation Report
    *only if the fund is registered for GST
  2. Annual Return Report
  3. Annual Return CGT Schedule
  4. Annual Return Losses Schedule
  5. Contribution Cap
  6. Distribution Reconciliation
  7. Investment Income Comparison
  8. Investment Income Summary
  9. Investment Movement Summary
  10. Investment Revaluation
  11. Investment Summary
  12. Market Price Audit Report
  13. Member Statement
  14. Member Summary
  15. Pension Limit
  16. Realised Capital Gains
  17. Rental Property Schedule
  18. Statement of Taxable Income
  19. Tax Accounting Reconciliation
NOTE: The Activity Statement Preparation Report and Member Statement were introduced in SMSF Sorted 2.2. For jobs created prior to 17 October 2020, you will need to reimport the lead schedule to bring in these added documents.

Autotagging

As part of the import, SMSF Sorted will auto tag a number of the imported reports to key GL items to assist building the Sorted File

Report
Auto tag
Tax Accounting Reconciliation
Income Tax Expense
Realised Capital Gains
Realised Capital Gains
Member Summary
Member Entitlement Accounts
Investment Income Summary
Investment Income
Member Statement
Member Entitlement Accounts
Annual Return Report
Current Tax Assets/Income Tax Payable
Investment Summary
Investments
Investment Income Comparison
Investment Income
Investment Movement Summary
Investments
Distribution Reconcilaition
Distributions
Investment Revaluation
Increase in Market Value
Activity Statement Preparation Report
(Only if fund is registered for GST)
Other Taxes Payable/Refundable
Statement of Taxable Income
Income Tax Expense
Rental Property Schedule
Property Expenses
Pension Limit Report
Pension Paid
Contribution Cap Report
Contributions



    • Related Articles

    • Automatic Reports List Sent From SMSF Sorted to Audit Portal (Class)

      Automatic Reports Sent From SMSF Sorted to Audit Portal (Class) The below matrix lists all reports that are automatically imported and bookmarked to the relevant bucket or section in SMSF Sorted (when applicable to the fund), these are then ...

    • Importing Client from Class - Auditomation

      Guide for Importing a Client from Class in Auditomation From the Audit drop down menu select "Manage Clients" Click on Import New Client Click on Import New Client located at the top right of screen: Choose Import from Class Select from the pop up ...

    • How to import a client from Class into SMSF Sorted

      Overview This article will take you through the steps to import a new client into SMSF Sorted from Class Importing clients from Class From the Business level dashboard, navigate to Clients > Manage Clients Click Import Clients, then select Import ...

    • Create Audit Job for Class Fund "Internally"

      Create Audit Job for Class Fund "Internally" Select Manage Clients Select from the Audit Menu Choose the fund and select Create Audit Job To locate fund you may need to expand the show entries option located in bottom left or scroll through pages. ...

    • Uploading Document

      Introduction We have expanded access to the Document Management System (DMS) at the business level, making it easier to locate and tag documents. You can easily upload a document in SMSF Sorted Lite using either of these two options: Option 1: ...