S Closing account balance

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This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Write at S the member’s account balance at 30 June 2021. If the member's closing account balance is zero or a negative amount, write 0 (zero) at S. To work out the member’s closing account balance at 30 June 2021:

• add    
  • Opening account balance (at 1 July 2020)
  • N Total contributions
  • O Allocated earnings and losses (if the amount is positive)
  • P Inward rollovers and transfers
   
• and then subtract    
  • O Allocated earnings and losses (if the amount is a loss)
  • Q Outward rollovers and transfers
  • R1 Lump sum payments
  • R2 Income stream payments.
   

If a member has multiple accounts, you should have combined them so that each member has only one statement in either section F or section G.

The amount you write at Closing account balance must also equal the sum of S1, S2 and S3.