JUNE 2019


Content Release

Accountant’s Content (Content Update 236)

  • 2019 Accounts and Tax Workpapers
  • 2019 Primary Production Workpapers
  • 2019 Trust Smart Workpapers
  • Accounts and Tax Procedure - How We Do It Here


Smart Workpapers

  • 2019 Accounts and Tax Workpapers
  • 2019 Primary Production Workpapers
  • 2019 Trust Smart Workpapers


Compliance Essential (Update 69)

  • 2019 Accounts and Tax Workpapers
  • 2019 Trust Smart Workpapers


Core Accounting (Update 18)

  • 2019 Accounts and Tax Workpapers


Template Updates

2019 Accounts and Tax workpapers – main updates include:

  • Updated formatting.
  • Addition of notes/hyperlinks count.
  • Addition of reconciliation field to make it easier to view whether an account is out of balance or reconciled.
  • Additional information to show whether there is data/no data entered into the worksheets.
  • Update the following worksheets:
    • All Checklists
      • Review and update links and rates where applicable;
    • Checklist Non - SBE;
      • Updated what’s new for 2019 including; annual aggregated turnover increase to $50m, Single Touch Payroll (STP), etc.
    • Checklist – SBE;
      • Updated what’s new for 2019 including; annual aggregated turnover increase to $50m, Immediate deductibility thresholds, etc.
      • Updated SBE instant assets write-off checklist
    • Checklist - Company;
      • Update Continuity of Ownership Test (COT) & similar business test checklist items
      • Update franking account checklist items.
      • Include Single Touch Payroll (STP) checklist items.
    • Checklist – Primary Production;
      • Include fodder storage asset write off checklist items.
      • Tax Rates - updated for the 2019 tax year (where available).
      • Motor Vehicle Rates - updated for the 2019 tax year.
      • Rental Property – added advertising expenses row in agency section


2019 Primary Production Workpapers – main updates include:

  • Updated formatting.
  • Addition of notes/hyperlinks count.
  • Addition of reconciliation field to make it easier to view whether an account is out of balance or reconciled.
  • Additional information to show whether there is data/no data entered into the worksheets.
  • Update the following worksheets:
    • Tax Reconciliation Business Income – remove cash adjustments rows
    • Averaging Worksheet – Updating calculations to include Low and Middle Income Tax Offset (LMITO)


2019 Trust Workpapers – main updates include:

  • Updated formatting.
  • Addition of notes/hyperlinks count.
  • Addition of reconciliation field to make it easier to view whether an account is out of balance or reconciled.
  • Additional information to show whether there is data/no data entered into the worksheets.


How we Do it here Procedure - reviewed and updated links to documents


Important SMSF Audit announcement 

SMSF Audit Workpapers and Documents 

Going forward we will not be providing updates to the SMSF Audit content (workpapers and documents) and this area will no longer be part of our content offering. We will still be providing our SMSF Compliance and documents as normal. SMSF Audit is a complex area and there are now many specialists offering solutions in this area. You may continue to use our documents and update them yourself as required.



May 2019    


Content Release   

Accountant’s Content (Content Update 235)

  • 2019 Personal ITR documents - updated for the 2019 tax year.
  • 2019 Interim Accounts & Tax Workpapers - updated formulas.

Smart Workpapers

  • 2019 Personal ITR Workpapers
  • 2019 Interim Accounts & Tax Workpapers - fixed conditional formatting in Chat cell; added named range to Tax Rates cell D34.

Compliance Essential (Update 68)

  • 2019 Personal ITR Workpapers
  • 2019 Interim Accounts & Tax Workpapers

Core Accounting (Update 17)

  • 2019 Interim Accounts & Tax Workpapers


Template Updates

Personal ITR 2019 Documents - the following documents have been updated:

  • 2019 Personal ITR Workpapers - main updates include:
    • All worksheets - update of formatting.
    • All worksheets - addition of Notes/Hyperlink count.
    • All worksheets - additional information to show whether there is data/no data entered into the worksheets
    • Summary - added Display button to provide layout display options.
    • PAYG Instalment Calculator - Individual - updated GDP uplift factor.
    • Rental Property - added advertising expense to rental statement section.
    • Medical Expenses Offset - updated thresholds for the 2019 tax year.
    • Invalid and Invalid Carer Offset - updated formulas in cells J27, J41.
    • Tax Rates - updated for the 2019 tax year.
    • Motor Vehicle Rates - updated for the 2019 tax year.
  • Personal ITR Procedure - reviewed and updated links to documents. 
  • Personal Income Tax Return - email template in .oft file format.



April 2019 


Accountant’s Content (Content Update 234)

  • 2019 Year End Questionnaires (including Accounts & Tax, Personal ITR, Primary Production and SMSF).
  • 2019 Interim Accounts & Tax Workpapers.
  • Division 293 Tax Assessment Letter (including the merge version).

Smart Workpapers

  • 2019 Interim Accounts & Tax Workpapers - main updates include:
    • Update of formatting.
    • Addition of Checklist Items count on the Index Page.
    • Addition of Checklist Items count to relevant worksheets.
    • Addition of Notes/Hyperlinks count.
    • Addition of Reconciliation field to make it easier to view whether an account is out of balance or reconciled. 
    • Additional information to show whether there is data/no data entered into the worksheets
    • Update to the following worksheets:

                            - Trade Creditors - changes to the layout to allow for new features coming soon

                            - Trade Debtors - changes to the layout to allow for new features coming soon

                            - Wages - changes to the layout to allow for new features coming soon

                            - Payroll Tax - updated for the 2019 rates.

                            - Sales Trading Account - updated value of goods taken for private use for the 2019 tax year (TD 2019/2).

                            - Tax Rates - updated for the 2019 tax year (where available).

                            - Motor Vehicle Rates - updated for the 2019 tax year.

Compliance Essential (Update 67)

  • 2019 Year End Questionnaires (Accounts & Tax, Personal ITR)
  • 2019 Interim Accounts & Tax Workpapers

Core Accounting (Update 16)

  • 2019 Year End Questionnaire (Accounts & Tax)
  • 2019 Interim Accounts & Tax Workpapers

March 2019 


Accountant’s Content (Content Update 233)

  • Salary Sacrifice 2020 documents – including the checklists and workpapers.

Smart Workpapers

  • 2020 Salary Sacrifice Workpapers.
  • Worksheet J10 BAS Monthly in Accounts & Tax Workpapers - fixed formula in cell H103.
  • Various templates in the Accounts & Tax Workpapers have been updated to facilitate the new upcoming features in Connected Workpapers. To view the full list of updated templates click here.

Salary Sacrifice 2020 Documents - the following documents have been updated:

  • 2020 Salary Sacrifice Workpapers - main updates include:
    • All worksheets – added Reviewed and Partner Approved in status cell.
    • Checklist – has been reviewed and updated for the 2020 tax year.
    • Tax Rates – updated rates for the 2019/20 tax year (where available).