Tax Payments paid in installments and / or adjusted
Tax Payments paid in installments and /or adjusted
To illustrate the concept, the example below shows a SuperFund with a Tax Payable of $24,100. The SuperFund has been advised it needs to pay $24,200 and it has decided to pay $24,000 now and the remaining $200 at a later date.
- From the Transactions menu, click Tax Payments/Refunds.
- In the "Tax Payments / Refunds" window, highlight the applicable Tax Payment, and click Payments.
- In the "Tax Payments" window, click New.
- Complete the details and Save and Close.
- The process will need to be repeated when the final $200 is paid, completing only the Total Paid/Received field this time rather than the Adjustment field.
Program and version
SuperFund 2011, version 2.00