How to use the Core Pro plan's FBT Reports App to create professional FBT client advice letters
Watch this video to see it in action:
To start a new report navigate to CORE - Client > FBT Report & Decs:
On tab 1. Summary Info add the following details:
- Enter the Employer Name
- Choose the FBT Year
- Select Yes/No for GST Adjustments
- Select the FBT Lodgement Date
- Choose Payable/Refundable date
- Select Yes/No to Prepare FBT Declarations (automated)
- Choose which Directors are to sign off
- Toggle from view options Grossed Up Value, Total FBT Payable or Total Employee Contributions
- Transfer Employee FBT Info data from your Excel workpapers
- Total FBT Assessed and Final FBT Position are calculated from data entered
Continue to tab 2. Recommendations
- Click Next to navigate to Recommendations
- You can choose to Include or Exclude a Summary of Issues + Recommendations
- This is a free text area which can be customised to suit your purposes
Continue to tab 3. Client Details
- Click Next navigate to Client Details
- Enter your client’s contact details
4. Content
- Click Next to navigate to Content
- Use this section to write your cover letter
- This is a free text area that can be formatted to suit your purposes
- Choose letter sender by selecting a name from the dropdown Send as:
5. Preview
- Click Next to preview the advice (normally takes 5-10 seconds for this document to compile)
- The report is generated with cover letter on your letterhead
- On the left of the screen click the green WORD (.DOCX) button to download the document into MS Word if you wish to continue customising the letter (Optional)
6. Collate
- Click Next to progress to Collate where you can add in any extra documents required to supplement the standard documentation, including any information factsheets.
7. Produce
- Click Next to progress to Produce
- Save the document as a PDF and send it as a PDF attachment via email or save it into your document management system using the options at the bottom of the screen
- You can always go back at any stage, rereview your report, download as a Word document, change content and then Save as a PDF to send to a client
Final tips
- Click green button Open top left of Summary Info screen to load prior year information and carry forward for a subsequent year
- For signing feel free to use your own digital signing solution