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When preparing returns, you need to:

  • create an income tax return — to prepare a return for a client.

  • open an existing return — when you need to edit a partially completed return, view a return from a prior year or amend a lodged return.

  • create a standalone Individual return for refunds — when a tax payer is not required to lodge a tax return but is applying for a Refund of Excess Franking Credits.

  • create activity statements — use the Create Activity Statement wizard or use the import from an OM report when the client has an active income tax return.

  • create stand-alone forms — to create forms such as Fringe Benefits Tax, Client Update and Interposed Entity Elections.

  • create a return for a year prior to your transition to MYOB AO — to process any return for a year after 2010 and before you started using MYOB AO requires MYOB AO Classic or your previous tax software product.

  • create a return for a year prior to 2010 — to process any return for a year prior to 2010 requires MYOB AO Classic or your previous tax software product.