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Mclowd User Guide for SMSF Trustees

 

When you move to Mclowd's Income Tax screen, the calculated taxable income (if any) is displayed at A, and tax calculated at the rate shown in Applicable Tax Rate is displayed at field T1.

 

IncomeTaxWorksheet_SectionD

 

Check the values shown in all fields and amend if required.

NOTE_small

At times during the Year End processing, Mclowd™may display a message telling you saved values differ from those calculated from data entered elsewhere:lib:\\IncomeTax_ValuesDiffer.png
You can expose the calculated value by hovering over a highlighted field, or click the RESET TO CALCULATED VALUES button to reset the entire form to calculated values automatically.
lib:\\IncomeTax_ResetValues.PNG

 

 

IncomeTax_Save

 

 

IncomeTax_Saved

 

IncomeTax_Next

 

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