In the example below, taxable dividend income is $630 while equivalent accounting income is only $600, creating an increasing reconciling difference of $30.
![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/60005128001/original/Te0MH4OZktd2QLoae8FCqLoYjXGhPKfxFQ.png?1587711758)
The increasing difference is to be found in the reconciliation section under Other assessable income.
![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/60005128000/original/t_PxSNNElMqelTkh0QWI1PAATfui36nkvg.png?1587711758)
There is no need to tag dividend income in the accounts. Simply classify as dividend Income.
![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/60005127999/original/jkuUIdQhwMOeI7LIuijxOSD5Zj428Ye1Og.png?1587711758)