MYLEDGERTax preparation & working papers
Investment income register
A register of interest, dividends and distributions for the tax return's investment income schedule.
The problem it solves
Investment income scattered across statements is easy to miss.
How it works
- Record interest, dividends and distributions.
- Review the register.
- Use it when preparing the return.
What your practice gets
- Investment income in one place.
- Fewer omissions.
- Ready for review.
Watch it in the product
A short recording of investment income register in use.
Questions accountants ask
What income is covered?
Interest, dividends and distributions.
Does it include franking?
Franking is tracked in the franking account working paper.
Is there a tutorial?
Yes, see the investment income tutorial.
Related features
Features that work alongside investment income register.
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.
VideoDivision 7A loans and calculator
Track Division 7A loan accounts, calculate minimum repayments per year with the benchmark rate and carry balances forward.
VideoDivision 7A results from FEDIX
Use Division 7A calculation results from the FEDIX calculator in MYLEDGER working papers.
FBT working paper
Record fringe benefits, scan transactions for likely FBT items and work through the FBT year.
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.
VideoSee 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.