ONESOURCE
FBT EssentialA complete FBT software solution for Tax Professionals, calculations tested by KPMG

Get the benefits of an enterprise FBT solution for an entry level price.

ONESOURCE FBT Essential is a cloud-based tax compliance software designed for Tax Professionals wanting to elevate their compliance process beyond Excel spreadsheets.

Have confidence in an enterprise solution that will allow you to prepare your fringe benefits tax returns accurately and efficiently, reducing the risks associated with tax compliance, along with the added cloud benefits of flexible working and collaboration with your clients and peers.

With calculations tested by KPMG and trusted by more than 1,000 organisations in Australia, ONESOURCE FBT Essential is the most comprehensive FBT software solution available to Tax Professionals.

Starting from $300* for a yearly license, choose a solution to suit your business needs with fully customisable add ons.

Enquire Now ➜

IS 555878

What you get with our FBT Solution

Benefit Workpapers for all FBT types

Templated workpapers that include real time calculations for efficient and accurate data entry.

Calculations tested by KPMG

All calculations are tested annually by KPMG to provide accuracy for FBT compliance.

Auto population of ATO form

Generate your FBT form with all details populated from ONESOURCE. Ready to lodge electronically or by paper.

Tax technical commentary

Up-to-date tax commentary, in-workpaper column definitions, and how-to help is only a mouse-click away in every workpaper.

Choose what you want in your FBT solution

Customise your ONESOURCE FBT Essential solution to suit your business or practice needs with these available add-ons.

E-Filing Manager	ONESOURCE E-Filing Manager allows you to validate and electronically lodge returns directly with the ATO. Ensure you're compliant with the ATO?s latest lodgement program, Standard Business Report (SBR).
Uploads - Ability to upload information	Upload ability for all tax and administration workpapers. Utilise ONESOURCE Templates for easy upload of information rather than manual entry.
Benefits Reports, Advanced Reports & Exception Reports	Utilise templated report to produce year-on-year comparison reports by entity, Exception reports to confirm data validation, Payroll Tax reports and benefit type.
Year on Year Dashboard	Visual graphs and tables provide year on year comparison of benefits provided, Entity breakdowns and ATO return summaries. These dashboards give efficient visibility into your overall FBT return.
Checklists	Best practice checklists per benefit provide guidance on completing your FBT benefits.
Comments / Notes	Individual cell and workpaper comments allow end to end communication within ONESOURCE, ensuring everyone is kept up to date with any changes or breakdown summaries.
Grouping / Consolidation	Automatically consolidate multiple entities into a group while ONESOURCE calculates the benefits across the group and on a per entity breakdown ready for lodgement or reporting purposes.
Copy Paste	Utilise ONESOURCE Templates for simple excel copy paste of information into Benefit workpapers.
Customised Reports	Customise any of ONESOURCE's 50+ reports to suit your business needs
Declarations / RFBA with Merge fields	Automatically complete and send out employee RFBA letters and declarations with prefilled Entity Information, employee details and a summary of benefits. RFBA letters and declarations can be exported or emailed to the employees straight from ONESOURCE.
Rollforward	Rollforward your Entity Details, Employee Details Vehicles, Car Parking and other closing balances to the new FBT year to save time in the new year.
Udfs & SC	Standard Categories help manage your FBT liability by allowing you to classify benefits within a workpaper. Standard Categories facilitate ready identification of recurring benefit types, and can either be unique, shared between similar benefits, or available in all benefit workpapers. User Defined Fields (UDCs) provide the ability to add up to 10 additional columns in each workpaper which you can then use to enter your own data for adding additional information or reporting purposes.

Enquire Now ➜

Categories

Related brands

2021
Tax Annuals

Categories

Related brands

ONESOURCE
Direct Tax

For accounting firms

For corporations

Browse by type

Browse by topic

TAX INSIGHT Forum for Practitioners

Support

Training

General

Shop by practice area

Shop by brand

TAX INSIGHT Forum for Practitioners

ONESOURCE
FBT EssentialA complete FBT software solution for Tax Professionals, calculations tested by KPMG

Get the benefits of an enterprise FBT solution for an entry level price.