software - but wait there's more!
From: Duncan M
>I know Duncan has one for
>property but I was wanting one
>that I can use for both & then
>print out for tax time.
>All suggestions welcome.
Sue, new version out very shortly which builds on the basic functionality of the first version, it now tracks share portfolios including Options, Installment Receipts and Fully Paid Shares, purchases and sales across multiple currencies..
The new version tracks:
-Property Fixtures and Fittings
-Property Capital Improvements
-Property purchase/disposal events.
-Investment Loans against a single property
-Investment Loans against a number of properties
-PAYE Payments (track Tax Credits thru the year)
-Work Related Deductions (laundry, etc etc)
-Vehicle Logbook (finds you the best 3 months)
-Tools of Trade
-Home Office Expenses (apportions based on floorspace)
-General Investment Expenses (eg accounting fees, software etc)
-Insurance Policies (track policy numbers, expiry dates, company etc)
-Outstanding Bills to be paid
-Goods and chattels (keep all your serial numbers, values, etc in the one place)
The end game is a "Tax Position" report that takes your PAYE Tax Credits, property loss/profit, Medicare Levy, HECS debt, CGT liability etc etc and gives you your bottom line.
The software exports the lot to Excel to give to your accountant..
Stay tuned or email me for further details..