If you want to lodge via PLS, then you must provide bank details if the taxpayer is expecting a refund. The taxpayer's bank account details are contained in the Return Properties > Staff Tab for each return and completing the Bank a/cs tab. Fields are provided for two sets of bank account details. The Practice bank account details are contained in the Utilities > Control record > Banking tab or the Maintenance > Agents > Properties > Banking tab. On the front cover, EFT item, select the Bank account to which any refund should be paid. Alternatively, you may enter the details directly into the open fields provided at this item: The bank state branch (BSB) number. This six-digit number identifies the financial institution. Do not include spaces, dashes or hyphens in the number. The Account number. You cannot use an account number with more than nine characters. Do not include spaces in the account number. The account name, as shown on the bank statement. Provide the first 32 characters only. Do not abbreviate the first 32 characters in any way as the Bank only reads the first 32 characters and they read those characters as a string.
If these details are incomplete or incorrect, no EFT will take place. Note that these details are not rolled over from year-to-year and must be checked with the taxpayer and entered afresh each year a refund is requested. If the return is being lodged electronically, Part B of the Electronic Lodgment Declaration form must be completed and signed. The bank account details can be for a bank account other than the taxpayer's account. If this is the case, the taxpayer must sign the EFT section of the Electronic Declaration. |