FBT

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Amounts of FBT paid to the ATO can be recorded against the appropriate employee card in order to have a convenient history and for future printing on Payment Summaries.

Dealerlogic Accounting cannot assist you with compiling your FBT return, but once completed, allocate values to employees.

To add an FBT entry , press Add

Select the FBT year from the combo

Enter a brief description of the Fringe Benefit supplied

Enter the Benefit Amount (not the “grossed up” benefit)

Enter the Reportable Amount (the “grossed up” benefit)