MYLEDGERTax preparation & working papers
FBT working paper
Record fringe benefits, scan transactions for likely FBT items and work through the FBT year.
The problem it solves
Fringe benefits hide in ordinary transactions and are easy to miss.
How it works
- Scan transactions for possible fringe benefits.
- Record the benefits.
- Review the FBT year.
What your practice gets
- Possible fringe benefits surfaced.
- One working paper for FBT.
- Supports the FBT return.
Watch it in the product
A short recording of fbt working paper in use.
Questions accountants ask
Does it find fringe benefits?
It scans transactions for likely FBT items for your review.
Which year does it use?
The FBT year ending 31 March.
Does it lodge?
No. Fedix does not lodge.
Related features
Features that work alongside fbt working paper.
Working papers hub
One tabbed page per client for year-end schedules: checklist, GST, tax return labels, depreciation, amortisation, Division 7A, FBT, investment income, distributions, franking, dividends, SMSF and more.
VideoFranking account and dividends
Track the franking account balance and dividends declared each year, including ATO payment receipts.
VideoTrust distributions
Allocate trust net income to beneficiaries and post or unpost the distribution journals.
VideoPartnership distributions
Split partnership net income between partners and post or unpost the journals.
VideoSMSF member allocation
Allocate the fund's result across members, with checks including pension minimums.
VideoIndividual tax estimate
Estimate tax payable for resident individuals in working papers and tools.
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.