Other assets

Every other asset has one Other asset type. It sets what the form asks for and how the asset moves over time. It cannot be changed once saved.

An investment, such as shares, is held on capital account. A sale is taxed as a capital gain. A personal asset, such as a car or household contents, counts in the position but never pays for retirement spending.

An offset is a cash account, linked on its loan. A fund's own bank account and investments are held by the fund as their legal owner. A person's share of a fund they run is a member balance in SMSF records, not a Super account here.

Open Other assets in the sidebar and choose Add other asset. Every other asset needs a legal owner, so add one first. The form has these parts.

1. Details. Choose the Other asset type and give it a Name you will recognise, such as the bank. A personal asset also asks for its Annual depreciation, the yearly percentage it loses in value. It is not a tax deduction.
2. Balance, or Value. Enter the Recorded balance or Recorded value, and the As at date it applies from. Use a recent statement. The date cannot be in the future.
3. Capital gains tax basis, for an investment only. Enter the Acquisition date and the Capital-account cost base, which is what you paid plus costs such as brokerage, not today's value. Tick I confirm this capital-account cost base is complete. The investment cannot be saved without it.
4. Legal ownership. Add each legal owner and their share. Shares must total exactly 100%. Starts is the first day of the ownership, and Ends stays blank while it continues. For a super account, choose its Account holder instead. Use acquisition date for ownership starts an investment's ownership on its acquisition date.

Here is the Share portfolio as the Mitchells, an example household we use to explain, record it. The type is Investment and the Recorded value is $187,000 as at 30 September 2026. It was acquired on 1 May 2019 with a cost base of $110,000, and Emma holds 100% from that day. Saving adds $187,000 to Accessible now, to Other assets and to Can fund retirement.

Add other asset saves it and returns to where you started, such as Other assets or Setup. The first other asset in a portfolio, added from Other assets, saves with Save and view position, which opens Portfolio position.

The header has Watch the guide and Add other asset. Other asset position adds up every current other asset at its newest figure. When more than one part has value, it splits the total by who can reach the money.

• Accessible now: cash, investments and personal assets people hold outside super.
• Preserved super Preserved super Super a person holds. It stays in super until the owner meets a condition of release, such as retiring at 60 or later. : each person's super account.
• Held by an SMSF: assets a self-managed super fund holds.
• Held by a company or trust: assets that reach a person only when the company or trust pays them out.

The post what you can reach, and when explains each part.

Here are the Mitchells' other assets as at 4 October 2026.

A jointly held account counts in each holder's part by share. The Mitchell offset's $332,763 is $166,381 for Daniel and $166,381 for Emma, both in Accessible now.

Value by asset draws each asset's newest figure on one scale. Beside it, Can fund retirement adds the assets a retirement plan can draw on: each held whole by one person and not a personal asset, and each cash account two people hold. For the Mitchells it is $1,155,476, Daniel's super, the Mitchell offset and the Share portfolio. A retirement plan with both owners of the offset draws on each one's share, as section 6 shows.

Other asset records has one card per asset. It shows who holds it, its Balance or Value, and Edit with Record balance or Record value. An investment also has Record the sale. With more than five assets, a search box finds one by name. Once an asset is sold, Show chooses Current other assets, Sold other assets or All other assets. Cash routing is at the foot of the page.

Choose Record balance, or Record value, on the asset's card or page. Enter the amount and its As at date. Each date is kept separately, and a figure on a date already recorded replaces it. Once saved, the page says Balance recorded or Value recorded.

After the latest figure, each type moves in its own way.

• Cash adds the recorded income paid into it and takes off the recorded spending and loan payments. The page calls this the Estimated balance.
• Super adds the recorded contributions, less contributions tax.
• An investment or personal asset stays at its recorded value.

The Mitchell offset had $320,000 on 30 September 2026. The recorded income paid in since, less the spending and loan payments paid out, brings it to $332,763 on 4 October.

Daniel's super was $634,000 on 30 September and is $635,714 on 4 October. The $1,714 is the employer super on his 1 October pay, after contributions tax.

A cash or super balance needs a newer figure six months after its date, and an investment value 12 months after its date. Setup then lists it under What to record. From 1 Oct 2027 the Share portfolio reads Value recorded 30 Sept 2026 needs a newer figure. Results still run, with a note. A personal asset value does not age this way. Records that need a newer figure lists every record that ages.

Cash routing picks the one bank account each legal owner's money goes in and out of. Cash stays with its legal owner, so a company's rent goes to the company's account and a person's pay goes to theirs.

An account can be chosen for an owner when it has a balance recorded and the owner holds it alone, or two people hold it together. An owner with one such account uses it. An owner with several must choose one. Until then, that owner's cash is not estimated past the last balance recorded, and What to record shows Choose a cash account.

The closed Cash routing panel shows each owner's account. For the Mitchells it reads Daniel Mitchell: Mitchell offset · Emma Mitchell: Mitchell offset, then the company, the fund and the trust each with their own account. Open it to change one under Cash account for that owner, then Save cash routing. The page says Cash routing saved.

Select an asset's name to open its page. The header names who holds it and has Edit other asset and Record balance or Record value. An investment also has Record the sale.

Balance history, or Value history, charts each figure you recorded. For cash, a second line shows the estimate at the start of each month since the latest one. The points are your records, not investment returns or a forecast.

Balance and access, or Value and access, gives the newest figure and its Retirement funding, which says when a retirement plan can spend it.

A super account also shows Contributions this year, the employer and personal contributions your income records schedule into it over the financial year, and After contributions tax. Daniel's salary is $16,800 a month, and his employer pays 12% of it into super. He also makes a $5,000 personal concessional contribution each year. The fund pays 15% tax on both.

An investment shows its Capital gains tax basis. Acquired is the date it was bought. Holding it for at least 12 months changes how a gain is taxed. Cost base is the one you recorded, and Unrealised gain is how far the value is above it, before selling costs and tax.

A personal asset shows its Annual depreciation, the rate a projection takes off its value each year. The Family car's is 15%.

Linked records lists the loans a cash account offsets, such as Mitchell home loan, Offsets this loan, and the income that pays employer super into a super account. Legal ownership, for an asset with more than one owner, gives each owner's share and the value it holds. Daniel and Emma each hold 50% of the Mitchell offset, $166,381 each.

To close a bank account, choose Record balance and enter $0 as at the day it closed. Its history stays. If the Mitchell Family Trust closed its $13,000 account, Held by a company or trust would fall from $66,000 to $53,000.

Only an investment is sold. Choose Record the sale on its card or page once the sale has settled. It takes the same five steps as a property sale, without the main residence questions.

1. When the sale ended: the Contract date, the Settlement date, the two references, the Sale price and the Selling costs.
2. Who owned it for tax: each owner's Adjusted cost base and Reduced cost base, and any Amount withheld. Enter $0 when no amount was withheld.
3. Loan payments, when the sale paid a lender directly.
4. Where the cash went: the account the proceeds reached and how the costs were paid.
5. Review and confirm, then save.

The sale ends the ownership at settlement. The asset moves to Sold other assets, and its page shows the recorded sale and its Recorded values. A sold asset cannot be edited or deleted. It stays in history, and Correct the sale changes it.

If an investment's ownership ends with no sale recorded, its page says The sale is not recorded, with Record the sale. A sold investment with no sale details says Sale details are missing, with Complete the sale.

Edit other asset shows Details open and every other part as a closed panel with its answer, such as 30 Sept 2026 · $187,000 for the Value. Open only what you change, then Save other asset, which returns to the asset's page. A new As at date adds a figure and keeps the earlier ones. The type cannot be changed.

An investment's ownership must stay open while it is held. To end it, record the sale.

Delete other asset, at the foot of Edit, asks first. It deletes the asset, its values and its ownership history. Every result, past years included, then reads as if it was never held. A sold investment keeps its history by recording the sale instead, and a closed account by a $0 balance.

An asset another record still uses cannot be deleted, such as an offset on a loan or an account that paid for a purchase. The message names that record, such as Mitchell home loan still uses this record. Change that first.

A missing record is never read as zero. The page says what to add.

• With no legal owners, the page says Every other asset needs a legal owner.
• With owners and no other assets, it says No other assets yet, with Add other asset.
• What to record lists each record a result needs, such as a dated balance for an account, a complete cost base for an investment, or a cash account for an owner.
• If the cash estimates cannot be worked out, the asset page says Cash estimates could not be loaded, with Try again.

Setup lists every record a result is waiting on.