Sale of Business or Property workpaper (SOP)

How the SOP workpaper is populated, following the same pattern as POP with remapping for multiple sales.

The Sale of Business or Property (SOP) workpaper reconciles the details of any businesses or properties sold during the year. It follows the same pattern as the Purchase of Business or Property (POP) workpaper.

Data extraction

This workpaper is manual and will be populated once the relevant documents are uploaded to Data Sources and properly categorised.

Source Docs category selection

When uploading sale information through Source Docs, the user needs to select the account code that has an asterisk ("*") sign next to it under the category column. This asterisk indicates an account code configured for Sale of Property data extraction.

Supporting documents and re-mapping

Supporting documents need to be re-mapped to Sale of Property 1, 2, and so on, depending on the job:

  1. Click Edit on the workpaper.
  2. Re-map under the Chart of Accounts (CoA) mapping column.
  3. Save the changes.

If multiple documents and properties are re-mapped, separate sections for each will display.

How to access

  1. Go to Jobs and open the relevant job.
  2. Click the Workpapers Icon or navigate to Results then Workpapers.
  3. Select SOP on the Workpapers Dashboard.