ELS Crosscheck case / SOFTWARE PRODUCERS / 1 MAY 2013 / UNCLASSIFIED
format / Audience / Date / Classification
/ File Ref: / CC2013/MS
2013
MS
Self Managed Superannuation Fund
Crosscheck Cases
UNCLASSIFIED / self managed superannuation fund / PAGE 3 OF 25UNCLASSIFIED / 2013 MS Crosscheck Cases
Introduction
For 2013 there are 2 cross check cases for the MS form. They are:
· MS-3.v29
· MS-4.v29
ELS Takeon is aware of various systems producing various results from cross check cases than those expected. The table below outlines some of these differences with a correlating reference number. Where possible, you can notify ELS Takeon of this reference number with your cross check validation reports, instead of providing a lengthy explanation. If there are any other differences that do not apply to any of the references below please ensure that you still include an explanation.
Reference / DescriptionCC1 / Difference in calculations due to rounding of amounts.
CC2 / System auto populating tags that are not expected from the cross check data
CC3 / System auto generating schedules due to the cross check data.
* Please note: the information provided in the following test cases are for testing purposes only. They are not to be used in a production environment.
UNCLASSIFIED / self managed superannuation fund / PAGE 3 OF 25UNCLASSIFIED / 2013 MS Crosscheck Cases
Case Summary– MS-3.V29
Profile
· An Australian Superannuation fund
· Four members
· An Accumulation fund
Items included
Section A – Fund information
1, 2, 3, 4, 6, 8, 9, 10
Section B – Income
11
Section C – Deductions and non-deductible expenses
12
Section D – Income tax calculation statement
13
Section F – Member information
Member 1, Member 2, Member 3, Member 4
Section H – Assets and liabilities
15c, 15d, 16
Section K – Declarations
Schedules Attached – there are no schedules attached to this case.
A – Other AttachmentX – Family Trust Election
Y – Interposed Entity Election
BW – Capital Gains Tax
BP – Losses schedule
PS – Payment Summary Schedule
MS-3.V29
Item Description Tag Value
No
Form type ^AWR MS
Year of return ^ABB 2013
Tax Agent number ^AAE 00013000
1 Tax file number ^AAD 94999851
2 Name ^AAU THE EMPIRE MILLENIUM FUND
3 Australian Business Number ^EBN 27222266667
4 Current postal address - Street name ^ABH 53 HYPER DRIVE
and number
4 Current postal address - Suburb/Town ^AME PHILLIP
4 Current postal address - State ^AMF ACT
4 Current postal address - Postcode ^APE 2606
6 Auditor title ^FMC MR
6 Auditor family name ^FMD ROW
6 Auditor first name ^FMF SEBASTIAN
6 SMSF auditor number ^JJE 008549068
6 Which professional body does the ^FMP 2
auditor belong to?
6 Auditor's professional body membership ^IGB 5887543769
number
6 Auditor phone area code ^FMN 02
6 Auditor phone number ^FMO 61616161
6 Organisation postal address - Street ^FMI 17 BRISBANE AVENUE
name and number
6 Organisation postal address - ^FMJ BARTON
Suburb/Town
6 Organisation postal address - State ^FMK ACT
6 Organisation postal address - Postcode ^FML 2600
6 Date audit was completed? ^IPO 25082012
6 Was part B of the audit report ^FMQ Y
qualified?
6 If the audit report was qualified, ^KCH Y
have the reported compliance issues
been rectified?
8 Australian superannuation fund ^IUB Y
8 Fund Benefit Structure ^IOM A
8 Does the fund trust deed allow ^IPQ Y
acceptance of the Government's Super
Co-contribution and Low Income Super
Contribution?
9 Was the fund wound up during the year? ^FLX N
10 Did the fund pay an income stream to ^KCI N
one or more members in the income
year?
10 Did the fund have any other income ^KFZ N
that was assessable?
11 Did you have a CGT event during the ^FZS Y
year?
11 Have you applied an exemption or ^JZE Y
rollover?
11 Have you applied an exemption or ^KAF X
rollover - code
11 Net capital gain ^AWG 7500
11 Gross rent and other leasing and ^AIR 64550
hiring income
11 Gross interest ^AFZ 1230
11 Forestry managed investment scheme ^IRR 11854
income
11 Gross foreign income ^FGI 695855
11 Net foreign income ^ADY 353400
11 Dividends - Unfranked amount ^AGF 7950
11 Dividends - Franked amount ^AGG 2500
11 Dividends - Franking credit ^AGH 1200
11 Gross distribution from trusts ^BMF 13652
11 Gross distribution from trusts action ^BMG T
code
11 Assessable employer contributions ^AHS 55595
11 Assessable personal contributions ^AHT 128560
11 No-TFN quoted contributions ^IOQ 7250
11 Other income ^AGU 7750
11 Other income action code ^IOR O
12 Interest expenses overseas ^ACO 61578
12 Capital works expenditure ^GCG 1520
12 Decline in value of depreciating ^ARI 2590
assets
12 Insurance premiums - members ^FUA 4530
12 Death benefit increase ^IOS 82499
12 SMSF auditor fee ^IPU 6520
12 Management and administration expenses ^JJF 6660
12 Forestry managed investment scheme ^IRN 2520
expense
12 Other amounts ^ALZ 4322
12 Other amounts action code ^BET O
12 Non-deductible expenses - Interest ^KCO 1250
expenses within Australia
12 Non-deductible expenses - Interest ^KCP 1000
expenses overseas
12 Non-deductible expenses - Capital ^KCQ 5500
works expenditure
12 Non-deductible expenses - Decline in ^KCR 2570
value of depreciating assets
12 Non-deductible expenses - Insurance ^KGA 1250
premiums - members
12 Non-deductible expenses - SMSF auditor ^KCS 1500
fee
12 Non-deductible expenses - Investment ^KCT 1900
expenses
12 Non-deductible expenses - Management ^KCU 1750
and administration expenses
12 Non-deductible expenses - Forestry ^KCW 2355
managed investment scheme expense
12 Non-deductible expenses - Other ^KCX 1855
amounts
12 Non-deductible expenses - Other ^KCY A
amounts action code
12 Taxable income/loss ^APY 490252
13 Tax on taxable income ^JID 78346.70
13 Tax on no-TFN quoted contributions ^JIC 108.70
13 Gross tax ^AGQ 78455.40
13 Foreign income tax offset ^AWJ 55859.66
13 Subtotal ^JIF 22595.74
13 Complying fund's franking credits tax ^HEL 2790.00
offset
13 Refundable tax offsets ^JII 3818.02
13 Tax payable ^BNB 18777.72
13 Credit for TFN amounts withheld from ^JGF 990.50
payments from closely held trusts
13 Remainder of refundable tax offset ^JIK 0.00
13 Supervisory levy ^IPV 321.00
13 Amount due or refundable ^APQ 18108.22
Member number ^IVK 1
Member - Account status code ^KGC O
Member - Title ^IPI MRS
Member - Family name ^IPJ SOLO
Member - Suffix ^IUG
Member - First given name ^IPK LEIA
Member - Other given names ^IPL
Member - TFN ^ISR 999999870
Member - Date of birth ^ABQ 17061979
Member - Date of death ^FRF
Member - Employer contributions ^ISI 13898.75
Member - ABN of principal employer ^GWM
Member - Personal contributions ^ISL 32140.00
Member - CGT small business retirement ^ISG
exemption
Member - CGT small business 15 year ^ISF
exemption amount
Member - Personal injury election ^ISM 32500.00
Member - Spouse and child ^ISN
contributions
Member - Other third party ^ISK
contributions
Member - Assessable foreign ^ISE
superannuation fund amount
Member - Non-assessable foreign ^ISJ
superannuation fund amount
Member - Transfer from reserve: ^ISP
assessable amount
Member - Transfer from reserve: ^ISQ
non-assessable amount
Member - Contributions from ^JJQ
non-complying funds and previously
non-complying funds
Member - Any other contributions ^ISD
(including Super Co-contributions and
Low Income Super Contributions)
Member - Total contributions ^ISO 78538.75
Member - Allocated earnings or losses ^ISS
Member - Inward amounts less any ^ISV
rolled in contributions reported at
A-M
Member - Outward amounts less any ^ISW
rolled out contributions at item 15K
on RBS
Lump sum payment ^KDB 5199.00
Lump sum payment code ^KDC F
Income stream payment ^KDD
Income stream payment code ^KDE
Member - Closing account balance ^ISU 113261.00
Member number ^IVK 2
Member - Account status code ^KGC O
Member - Title ^IPI MR
Member - Family name ^IPJ SKYSKIPPER
Member - Suffix ^IUG
Member - First given name ^IPK LUKE
Member - Other given names ^IPL
Member - TFN ^ISR 999999889
Member - Date of birth ^ABQ 17061979
Member - Date of death ^FRF
Member - Employer contributions ^ISI 13898.75
Member - ABN of principal employer ^GWM
Member - Personal contributions ^ISL 32140.00
Member - CGT small business retirement ^ISG
exemption
Member - CGT small business 15 year ^ISF
exemption amount
Member - Personal injury election ^ISM
Member - Spouse and child ^ISN
contributions
Member - Other third party ^ISK
contributions
Member - Assessable foreign ^ISE
superannuation fund amount
Member - Non-assessable foreign ^ISJ
superannuation fund amount
Member - Transfer from reserve: ^ISP
assessable amount
Member - Transfer from reserve: ^ISQ
non-assessable amount
Member - Contributions from ^JJQ
non-complying funds and previously
non-complying funds
Member - Any other contributions ^ISD
(including Super Co-contributions and
Low Income Super Contributions)
Member - Total contributions ^ISO 46038.75
Member - Allocated earnings or losses ^ISS
Member - Inward amounts less any ^ISV
rolled in contributions reported at
A-M
Member - Outward amounts less any ^ISW
rolled out contributions at item 15K
on RBS
Lump sum payment ^KDB
Lump sum payment code ^KDC
Income stream payment ^KDD 3895.00
Income stream payment code ^KDE R
Member - Closing account balance ^ISU 101051.00
Member number ^IVK 3
Member - Account status code ^KGC O
Member - Title ^IPI MS
Member - Family name ^IPJ SMITS
Member - Suffix ^IUG
Member - First given name ^IPK PADME
Member - Other given names ^IPL
Member - TFN ^ISR 999999897
Member - Date of birth ^ABQ 14081955
Member - Date of death ^FRF
Member - Employer contributions ^ISI 13898.75
Member - ABN of principal employer ^GWM
Member - Personal contributions ^ISL 32140.00
Member - CGT small business retirement ^ISG
exemption
Member - CGT small business 15 year ^ISF
exemption amount
Member - Personal injury election ^ISM
Member - Spouse and child ^ISN 45530.00
contributions
Member - Other third party ^ISK
contributions
Member - Assessable foreign ^ISE
superannuation fund amount
Member - Non-assessable foreign ^ISJ
superannuation fund amount
Member - Transfer from reserve: ^ISP
assessable amount
Member - Transfer from reserve: ^ISQ
non-assessable amount
Member - Contributions from ^JJQ
non-complying funds and previously
non-complying funds
Member - Any other contributions ^ISD
(including Super Co-contributions and
Low Income Super Contributions)
Member - Total contributions ^ISO 91568.75
Member - Allocated earnings or losses ^ISS
Member - Inward amounts less any ^ISV
rolled in contributions reported at
A-M
Member - Outward amounts less any ^ISW
rolled out contributions at item 15K
on RBS
Lump sum payment ^KDB
Lump sum payment code ^KDC
Income stream payment ^KDD
Income stream payment code ^KDE
Member - Closing account balance ^ISU 116680.00
Member number ^IVK 4
Member - Account status code ^KGC C
Member - Title ^IPI MR
Member - Family name ^IPJ IBONEK
Member - Suffix ^IUG
Member - First given name ^IPK BEN
Member - Other given names ^IPL JUAN
Member - TFN ^ISR 999999909
Member - Date of birth ^ABQ 20021951
Member - Date of death ^FRF
Member - Employer contributions ^ISI 13898.75
Member - ABN of principal employer ^GWM
Member - Personal contributions ^ISL 32140.00
Member - CGT small business retirement ^ISG 123.00
exemption
Member - CGT small business 15 year ^ISF
exemption amount
Member - Personal injury election ^ISM
Member - Spouse and child ^ISN
contributions
Member - Other third party ^ISK
contributions
Member - Assessable foreign ^ISE
superannuation fund amount
Member - Non-assessable foreign ^ISJ
superannuation fund amount
Member - Transfer from reserve: ^ISP
assessable amount
Member - Transfer from reserve: ^ISQ
non-assessable amount
Member - Contributions from ^JJQ
non-complying funds and previously
non-complying funds
Member - Any other contributions ^ISD
(including Super Co-contributions and
Low Income Super Contributions)
Member - Total contributions ^ISO 46161.75
Member - Allocated earnings or losses ^ISS
Member - Inward amounts less any ^ISV
rolled in contributions reported at
A-M
Member - Outward amounts less any ^ISW
rolled out contributions at item 15K
on RBS
Lump sum payment ^KDB
Lump sum payment code ^KDC
Income stream payment ^KDD
Income stream payment code ^KDE
Member - Closing account balance ^ISU 53953.00
15cOverseas shares ^IPZ 88500
15cOverseas non residential real property ^IQA 552500
15cOverseas Residential real property ^IQB 25750
15cOverseas managed investments ^IQC 66999
15cOverseas Other assets ^IQD 255555
15dDid the fund loan to, lease to or ^KEE N
invest in related parties (known as
in-house assets) at any time during
the year?
16 Borrowings ^FOA 208222
16 Total member closing account balances ^FNZ 384945
16 Reserve Accounts ^IQE 396137
Title ^ABE MS
Family name ^ABF FETT
First name ^ABG LUMIANA
Trustee's phone area code ^BNU 02
Trustee's phone number ^BNV 78279277
Contact E-mail address ^FLW
DECHours taken to prepare and complete ^DYF 3
this form
Tax agent title ^IOX MR
Tax agent family name ^IOY DOE
Tax agent first given name ^IOZ JOHN
Tax agent's practice ^IPB DOE ASSOCIATES
Agent's telephone area code ^BLI 02
Agent's telephone number ^BLJ 12345678
Client's reference ^AWB MS-3
^ZZZ
UNCLASSIFIED / self managed superannuation fund / PAGE 3 OF 25UNCLASSIFIED / 2013 MS Crosscheck Cases
Case Summary– MS-4.V29
This is an amended return to MS-3.V29
Profile
· An Australian Superannuation fund
· Four members
· An Accumulation fund
Items included
Section A – Fund information
1, 2, 3, 4, 6, 7, 8, 9, 10
Section B – Income
11
Section C – Deductions and non-deductible expenses
12
Section D – Income tax calculation statement
13
Section E – Losses
14
Section F – Member information
Member 1, Member 2, Member 3, Member 4
Section H – Assets and liabilities
15b, 15c, 15d, 16
Section K – Declarations