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



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