Income Tax Preparation

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  • Updated 6 years ago
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Is there a default list of accounts and their tax line reference that reflects the ATO tax forms. I am by no means an accountant, but setting this up manually in the income tax preparation report seems harder than it needs to be.
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Hans Bollmann

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Posted 6 years ago

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John G, Information Support Analyst

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Hi Hans,

Welcome to the Reckon Community.  

Accounts Business allows you to link your accounts to relevant lines on various income/business tax forms.  

Select your appropriate tax form at Company > Company Information > Tax Form Used.  
Then edit your accounts and on the Tax Line Mapping line, assign it to a question and box.
You can then view results at Reports > Accountant > Tax Preparation.  

Please Note, this feature is in no way an authorised tax return schedule and should not replace your official business/income tax return method.  This is only a tool to assist you in the preparation of your business/income tax return.  


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The built-in Help system of the Reckon Accounts program has some useful information regarding tax line references and setting things up nicely.

If you click on the Help menu then select QuickBooks Help option
Click on the Search tab
use the key phrase end of your income tax and click the ask button

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