Total Legal Accounting 3
SECTION 2.4.5 - ANNUAL INVESTMENT REPORT
USAGE: This report may be used as starting document for reporting to the ATO for distribution and withholding information for Annual Investment Income Reporting.
DISCUSSION: When this program starts, you are asked for a Mortgagee code. There is often just one Mortgagee used in a practice and all Trust Transfers go through this file. If you cannot remember the code, press <F9> to initiate a search.
Having entered the Mortgagee’s code, a short description of the file, and its balances, is displayed and you will be asked the following questions:
USE LONG FORMAT REPORT If you are using wide stationery, reply Y, otherwise reply N. This question will only be displayed if the relevant option is set to A, see SECTION 7.1.2.
TRANSACTION DATE RANGE This allows you to enter a range of dates to include. Often this is used to limit the report to a reporting period, i.e. 12 months.
To start the report, press <Enter> through each field or simply press <F10>.
The report itself will detail the Contributor’s TFN code and their name and address, the total contributions made during the date range specified, above, any Withholding tax, date of birth, Overseas code, and any Non-resident Withholding tax, if applicable.