You have prepared a client's accounts and income tax return from the computerised accounting system you have maintained for this client. The ATO Tax Auditor is coming to your office to undertake an audit of The Tom Family Discretionary Trust, trading as Tom's Plumbing.

The two items being audited are Sales and Purchases of Plumbing Supplies. For each item indicate the following:

Where did the actual figure on return come from
What items made up that amount
What documents support each of those items
 

Assessable income - Sales
Allowable deductions - Plumbing supplies
To establish a valid distribution has been made by the Trust, the Auditor requires documentation to prove the recipients are in fact beneficiaries. What document will you provide?
To establish a complying SMSF has accounted for and correctly included all 'member' contributions. What documents or records would you provide?