Tax Returns Tab

The Tax Returns tab displays a grid of tax returns and activity statements for the client. For details on how to use the Tax Returns Tab, refer to Features in Practice Manager / AO for Tax .

The elements on the Tax Returns Tab are:

• Return Details panel

• Tasks Bar

• (AE/AO) Create Activity Statement 

• (AE) Select Return button

• (AO) Link to AO Classic Client

Return Details panel

If an income tax return is selected in the tax returns grid, the bottom section displays the return details. If an activity statement is selected in the tax returns grid, the bottom section displays the activity statement details.

Features of the grid

• Use the radio buttons below the grid to filter for:

• income returns only

• activity statements only

• both income returns and activity statements (Show All).

• The Validation File column displays the validation report name produced by the ATO for the transmission containing the return when it was lodged. After lodging a return, when you view the validation report and select to update the status of the return the validation column will be updated.
  The Validation column for Paper returns that you have updated manually to the status of lodged will be indicated as such.

Select Return button

Accountants Enterprise only

The Select Return button is available for practices using Vizpost integration where you can attach multiple returns for the same year to the same client. Selecting a return and clicking Select Return.

Link to AO Classic Client

Acountants Office only

The conversion from AO Classic to MYOB AO replicates client data. Any change to client data after the conversion must be made in both Tax products.

After the conversion from AO Classic, the Link to AO Classic Client button on the Tax Returns Tab links a client added to MYOB AO to its corresponding client added in AO Classic.

For example a new client requires tax returns for 2009 - 2011:

In the situation where the practice takes on a new client who requires tax returns for prior years the client’s details are added to both AO Classic and MYOB AO:

1. Open AO Classic and add the client details.

2. Create and lodge the return for 2009.

3. Open MYOB AO and add the client details again.

4. To have the returns completed in AO Classic included in the grid on the Tax Returns Tab in MYOB AO:

1. On the Tax Returns tab click the Link to AO Classic Client button.

2. On the Link Client to AO Classic window select the Show all linked clients checkbox, to display a list of clients already linked whose details in AO Classic are linked to details in MYOB AO.

3. Select the Classic client and click Link.

4. The Classic return for 2009 and earlier will now display on the Tax Returns Tab grid in MYOB AO.

5. Create and lodge returns for 2010 and later income years.

Tasks Bar

The Tasks bar is the panel to the left of the window displaying the Tax data providing easy access to tasks associated with a return.

Tax Returns

The tasks when a tax return (for 2010 or later in AE) is highlighted are:

• (Series 6 & 8) To create a return or activity statement click Contacts > Matters and use the wizard to create the tax return or activity statement.

• (AE/AO) Create Return - Use Create Return to open the Create Return dialog. Select the return type and year then click Create.

• (AE/AO) Create Activity Stmt - the activity statement wizard is described in Create Activity Statement 

• Return Properties - view and edit the Customising Return Properties

• Validate - run the Interactive Validation Summary [F3]

• Estimate - run the detailed Tax Estimate [F4]

• Print Return - generate a document as described in Printing Returns

• Print Schedule - generate a document as described in Schedule Printing

• Print Validation Report - print a validation report (Only available from Tax 2014 onwards)

• (AE) MAS Integration  - this task is available only where there is a licensed installation of Management Accounting System (MAS).

• (AE/AO) Amend - steps to create About amending Returns

• (AE/AO) Delete return - you must confirm that you want to proceed with this action. It will delete the return and its attachments currently highlighted and any standalone forms or schedules for the client such as Activity Statements.

• Lock/Unlock - run the utility for Unlocking and Locking Returns.

The tasks for Lodgment are:

• Select for Lodgment- Lodgment status

• Update Status - select to change the Main Return Types

• Assessment Details

• ELS/PLS Reports - this opens the ELS/PLS Reports list downloaded which includes ‘Updating the status from an ELS/PLS Validation Report’.

The tasks for Pre-fill Functions are:

• Download & Save – downloads the pre-fill report for the client and saves the report. Downloading reports and pre-filling data from the Tax Returns tab

• Pre-fill into Tax – Pre-fills the tax return with pre-fill information from the ATO. Downloading reports and pre-filling data from the Tax Returns tab

• Launch Pre-fill Manager – Opens the Pre-fill Manager.

Activity Statements

If an activity statement is selected in the Tax Return grid, only menus relevant to activity statements will be enabled.

Back to Tax Button

Import Ledger Data

This function retrieves ledger data from the Client Accounting module, and maps this information to the Tax Return.

This option is only available if:

• You have a licence to use Client Accounting.

• A new Tax Return exists for the current client for the current tax year.

• The Form Type of the Tax Return is:

• Company

• Individual

• Partnership

• Trust.

• The Tax Return status must be “In Progress”.

• The Tax Return amendment is not lodged.

• The user has the appropriate security rights to access this function.

Importing ledger data

1. In Client Accounting, create a new Tax workpaper on the ledger for the current year. See Adding workpapers for more information. Only one Tax Workpaper can be added to a given period.


The workpaper will be automatically populated with some values from the ledger (based on account group totals). Other fields may also be entered.

2. Complete the workpaper and generate any necessary reports. Once the workpaper is approved, it will be in a state in the workflow process that enables it to be imported into the Tax Return.

3. Navigate to the Tax homepage. The Tax Return form for the current year should already be created.

4. Click Import Ledger Data in the Tasks bar to import fields from the ledger via the workpaper.

5. Once the process is completed successfully, the Tax Return is displayed in a new window. Complete the Tax return process as per usual.

Data mapping between the ledger and workpaper

The tables below show which fields will be mapped from Client Accounting to Tax.

Individual

Partner

Company

Trust

Create Activity Statement

Not available in Series 6 & 8

A wizard is available on the Tax Returns tab to assist with creating activity statements.

If the client does not have an income tax return for the lodging tax year selected, a return will be created.

1. Select Create Activity Stmt from the Tasks bar.

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2. Select the lodging tax year and click Next.


If the client does not have an income tax return for the lodging year selected, the following screen displays.

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3. Select the relevant BAS Payer, IAS Payer and Base Return Type from the dropdown options. The selections for BAS and IAS Payer will update the values for these fields in the Return Properties General tab.

4. Select Mark Income Tax Return as Not Required if the base tax return will not be lodged. This will set the Return required flag in the Return Properties Lodgment tab to T — Not this year. The base return will appear in the Tax Returns tab for the client only.

5. Click Next. the final Create Activity Statement screen displays.

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The Type and Frequency are derived from the BAS Payer and IAS Payer settings on the main income tax return or from the selections on the previous screen for statement created without an existing return.
If no values are set for the BAS Payer or IAS Payer, the wizard defaults to quarterly BAS.
If a BAS exists for the lodging tax year selected, the wizard take the period from that BAS and default the next period in this screen.

6. Select the relevant type, frequency and period as required.

Revision defaults to blank if a statement does not exist for the period. If you select a period which already has an activity statement, the revision will increment by 1.

7. Click Finish and the activity statement is opened.

Related topics

Annual GST return (GR)

Annual instalment activity statement (GI)

Business activity statement - BAS (GA)

Instalment activity statement (GB)

Activity Statements

Tax Returns Tab

Back to Tax Button