Recalculate all returns

ONESOURCE Fringe Benefits Tax automatically calculates and applies in-house benefit reductions, exemptions, and rebates to individual benefits. The systems displays these in the benefit workpapers dynamically, so you do not need to routinely use this function. However, Tax rules and rates can change, even during the FBT period. To be sure the most current in-house reductions, exemptions and rebates are applied for all benefits, select the

Recalculate All

button before lodging the return.

A message in the upper right corner lists the current status of the process.