How to create an Excel Snapshot Report of any TaxPlan or scenario.
Once you've created a TaxPlan with your tax planning strategies:
- click the orange Scenario tab to choose the scenario that you want to create the report for
- click Reports top right of your screen
- an Export box opens where you can choose your report format
(NB: the main TaxPlan report is not an option here. Select Next top right of your screen to select some other options to create it.)
Creating an Excel Snapshot Report
To generate an Excel Snapshot Report, click green Excel Snapshot (.xls) button in the Export box and Excel will fire up and open the report.
For your files, the report gives you an exact snapshot of the TaxPlan scenario that you selected with the content pulling through into the spreadsheet:
- tax planning adjustments
- tax that is going to be saved
- ATO repayment plan information
- automated PAYG instalments pre-calculated
Having this report on file is helpful, especially when it comes to any professional practice quality reviews so you can see the basis on which you've given your clients advice.