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Fact Finder 2022 Report

Note: Fund must be in the 2022 financial year to prepare this report.

Overview

The Fact Finder 2022 report has been added to assist you in reviewing fund data and super changes. This includes using actual member and ledger data and will provide information into the reform changes to help you better prepare for 2022 and beyond. This report includes the following components:

Report Component

Explanation

Opportunity/Planning
Fund Details

This section will display:

  • Postal Address
  • SMSF Establishment Date
  • Trust Deed Source
  • Deed Last Modified
From Fund Details		 N/A
Members

This section will display:

  • Active fund members
  • Age and date of birth
  • Number of member accounts per member
  • Number of pension accounts per member
  • Death Benefit Nomination
From The Member List.		 N/A
Accumulation Member Information

This section will display:

  • Concessional contributions (employer, personal, other and reserve)
  • Unused Concessional Contributions
  • Div 293 Tax paid (from account 48100)
  • Total member balance information (total accumulation, pension amounts)
  • Total Super Balance (TSB)
  • Total Downsizer Contributions
  • Non-concessional contribution amounts
  • Non-concessional bring forward rule triggered (Y/N)

For each member.

This section will provide information into the following reform changes:

  • Concessional cap for 2022 financial year;
  • Unused Concessional Contributions Cap carried forward amounts (for members with a total balance of < $500,00 only)
  • Changes to Div 293 
  • What the TSB for a member is used for
  • Changes to Downsizer contributions
  • Transitional bring forward rule changes for non-concessional contributions
Pension Member Information

This section will display:

  • Value of existing ABP income streams
  • Value of existing MLP income streams
  • Value of TRIS (Retirement Phase) income streams
  • Total pension payments for the year

 

For each member.

This section will provide information into the following reform changes:

  • Transfer Balance Cap
  • TRIS exemption status

Prepare

From the Main Toolbar, go to Reports.

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Select Reports.

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1. On the left-hand side of the Reports screen, locate the Fact Finder 2022 report. This can be found under Work Paper Reports. 

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2. Click the mceclip3.png arrow on the right to move the report to the report pack list.

3. Select either Download PDF, Download Excel or Download Wordmceclip4.png to download the report in the format required.

You can also add this report to a Report Pack. See Reports for instructions. 

Fact Finder Advisor Extract

The Fact Finder Advisor Extract report is the Fact Finder Report with the option to input notes and disclaimers in the settings tab.

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