Savings – SMSF - Technical overview

Item	Field	Where can I find this?	What is it?	Example
0	Starting value	Set at 0 for year 1. For year 2, it will be the End Value of year 1.		0
1	Sale of assets	See assets register	This is the net proceeds of all asset sales for Client & Partner.	50000
2	Rollin total	Optimised	see rollover matrix.	0
3	Sub total 1	Calculated	SUM OF ITEM 1 -2	50000
4	Change in debt value	See debt register	SUM of instant debt repayments – SUM of additional debt	0
5	Rollout total	Optimised	see rollover matrix.	0
6	Sub total 2	Calculated	SUM ITEM 4 – 5	0
7	New asset purchases	Asset register	This is the total purchase value of all new asset purchases	50000
8	Transaction costs	Asset register	This is the total transaction costs of all new asset purchases	0
9	Sub total 3	Calculated	SUM ITEM 7 – 8	50000
10	Revised value	Calculated. This must be > 0.	Item 3 – Item 6 – Item 9	0
11	Investment income	Asset register	This is the SUM of all income paid from Assets	15000
12	Net concessional	See savings/tax registers	Contribution is made by the individual and also reduces taxable income.	20000
13	Non-concessional	See savings register – individuals	Contribution is made by the individual	0
14	Contributions received – split	Optimised	See splitting matrix	0
15	Sub total 4	Calculated	SUM Item 13 – Item 14	35000
16	Split paid	Optimised	See splitting matrix	0
17	Total expenses	Cashflow	SUM of all expenses	0
18	End value	Calculated	Item 10 + Item 13 – Item 14	35000

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