Reports Overview
The reporting phase of the FBT return preparation process typically includes the following:
note
If you are reporting across sites, your entities must be grouped before you produce reports.
Standard report types
The ONESOURCE Fringe Benefit Tax application offers the following standard reports:
Report Type | Details |
Benefits | Benefit reports provide standard reports for each benefit workpaper with standard preset settings. Some summary and exception reports are also included. |
FBT Related | FBT Related reports are for use in reconciling workpapers with reports and the FBT form, as well as producing cost centre and employee FBT payable reports. note
FBT related reports may not be suitable for organisations that receive concessional FBT treatment: PBIs, health promotion charities, public and not-for-profit hospitals, rebatable employers and nonprofit companies are advised to use the applicable employer reports. |
Employer | Employer reports are intended for use by organisations that provide benefits where employees receive concessional treatment. |
Employee | Employee reports are mainly for reporting employee’s reportable fringe benefits amount (RFBA) or identifying overpaid employee contributions. |
Notes | Notes reports are used to export any notes associated with workpapers to PDF or Excel format. |
Checklists | Checklist reports are used to export any checklists associated with workpapers to PDF or Excel format. |
Elections | Elections reports are declarations of elections associated with specific benefit types. They are exported as PDF documents that can be printed and kept for reference and may be required in the event of an audit. |
Advanced Entity | Advanced Entity reports let you analyse benefit types with details across all reporting entities for a client, and within a year and across FBT years and within or across reporting entities in an organisation. |
Administration Reports | The Administration report shows a list of users that have logged in to your system. |
Audit Reports | Audit reports list any audits for your reporting entities. |
tip
Depending on your license, you may also be able to customise reports.