Accountants Enterprise and Series 6/8 only For return record selection, this report lists the estimated, assessed and last year's primary tax. UI Expand |
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title | To prepare the Assessment Summary |
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| Click Preparation > Calculation > Assessment Summary. The Record Selection window displays. To accept the defaults, click Enter twice. Otherwise, select the sequence and range for the report; the default range is from first to last. Read: Record Selection for more information. Preview/Print the report. See How to Preview a Report.
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CategoriesIn the assessment summary there are three categories: Estimated: This is what Tax calculates as the estimated tax payable/refundable based on ATO guidelines. Assessed: This is the assessed tax payable/refundable entered in the assessment details screen, that is, the ATO assessed tax payable/refundable. Variance: This is the percentage variance between this year and last year. Last Year: This is the previous year's assessed tax payable/refundable entered in the assessment details screen. Taxable income: This is the taxable income as recorded in the lodged income tax return. Back to Calculation |