LodgeiT

Navigate to the Reconciliation section - Scroll to the bottom - Item 7R. Apply the necessary loss here that either utilises all the retained losses or ut...

This is how to enter Foreign Source Income and Rebate within a Company tax Return, Be sure to activate the "Tax Offset" section via the 4 squares...

Turn on trust income if it has not automatically turned on. Report Trust via "Profit & Loss" tab Fill trust via "Add Worksheet"...

1, ) Press "Settings > Depreciation" 2. Make sure to sure to tick option "Use Simplified depreciation rules (only for SBE)" ...

Classify Cashflow Boost as a Government subsidy. Tag it as Non-Assessable. LodgeiT will report the subsidy as Other Income. (ATO does not want i...

A company must complete an international dealings schedule if the company has written an amount or Y (for yes) at certain questions in its CTR listed below ...

Classify "Jobkeeper" as -  The income will reflect in the tax return as -  Reference: ATO- Tax treatment of JobKeeper Payments ATO ...

Livestock report is stored in the tax form. It can be used as a working paper to compute average cost and closing inventory value. To learn more about the ...

Question: How to calculate the total debt for Section J? Answer: Calculation of total debt is based on client’s data from financials. It includes Current...