Other Income workpaper (OIC)

The Other Income (OIC) workpaper covers two distinct sections: FBT Reimbursement, and Other Income not captured by another workpaper such as SRC, IIC, or RES.

Data extraction, FBT Reimbursement

This section is currently prepared manually by users.

Data extraction, Other

●       A separate section is created for each account code mapped to the Other Income parent code, with the section heading set to the account name from the Trial Balance and left editable.

●       Description is the account name from the General Ledger with "- As per General Ledger" appended.

●       Amount is the row's net movement, taken from either the debit or credit column. A credit net movement is entered as positive; a debit net movement is entered as negative.

As with other multi-code workpapers, multiple account codes can be selected and combined into a single section with a blank, manually entered heading.

Manual journals

●       FBT Reimbursement: an auto-triggered journal posts once the section is completed.

●       Other: any journal posted to a mapped Other Income code appears in that section as a new line item.

Balance per GL

●       FBT section: balance of the account code mapped to Motor Vehicle Expense Reimbursement.

●       Other: sum of account codes mapped to Other Income.

Related workpapers

●       GST Reconciliation (GRC): adjustments from the FBT section auto-populate into GRC's Other Adjustments once OIC is completed.

How to access

●       Go to Jobs and open the relevant job.

●       Click the Workpapers icon or navigate to Job Results then Workpapers.

●       Select OIC on the Workpapers Dashboard.