In the example below, taxable partnership income is $5,000 while equivalent accounting income is only $1,560, creating an increasing reconciling difference of $3,440.
![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/60005126101/original/3MJwPPzBorPkjCRPAdaWQXWpF0X35U7asw.png?1587708798)
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/60005126099/original/yYk_Lir0I8MM47wAU8kRDCGALKftRR6rWg.png?1587708798)
There is no need to tag partnership income in the accounts. Simply classify as Share of Partnership Income. In a company, there is no reporting difference between primary and non primary income so therefore it's unnecessary to use the primary production tag.
![](https://s3.amazonaws.com/cdn.freshdesk.com/data/helpdesk/attachments/production/60005126100/original/jL3ji_PPuqCPBbD6DR1QGtyUaGZbGxie0A.png?1587708798)