When you've got all the data entered in the tax return, you need to go through different statuses to approve the tax return.
Approving a tax return is the same as completing the tax return in AE/AO.
Validate—Check the tax return against the ATO's records.
Review—Get the tax return reviewed by someone in your practice.
Approve—When all the information is correct, approve the tax return. This will lock the tax return and ready for your client's signature.
Validating individual returns
We've implemented the ATO's validation rules in MYOB Practice. So you can check and fix any validation errors within Practice tax (just like how you press F3 in MYOB AO/AE) when preparing an individual tax return, and avoid any rejections from the ATO.
This saves time as this process is much quicker than the ATO's validation and can be performed even if the ATO systems are busy or down. The ATO may perform additional validation at the time of lodgment, (for example validating the date of birth) which may lead to the return being rejected. These validations are in addition to the rules the ATO has given us. For other return types, we are still checking the validation against the ATO's records. Checking for validation in Practice tax for other return types is coming soon.
On the top right of the Tax return page, click Validate. The data is checked against the ATO records and rules.
To validate, the status of the tax return needs to be In review or In progress.
If you see an error or warning message at the top of the page, use the information in the message to fix the issue. See Validation errors in Practice Tax (AU) to fix errors.
If there are multiple errors or warnings, use Show all, Previous and Next to see the other errors and warnings.
Validation error examples
Click the expand error icon () to see the name of the schedule and field that has an error. For example, This error can be found in Interposed entity election or revocation.
Go to the schedule and find the field and delete the numeric characters from the field. Then validate to make sure the error is gone.
On the top right of a Tax return, click Send for review. The status changes to In Review.
The status changes to help you know where you are in the workflow. It doesn't send anything for review, you actually need to ask someone to review it.
Ask someone in your practice to review the Tax return.
When you approve a tax return, it's locked and you can't make any more changes.
Review the data in the Tax return
To request changes:
Click Send for rework. The status changes to In Progress.
Ask someone in the practice to make the changes.
Review the changes.
To approve the data, click Approve all. The status changes to Ready for client review.