LodgeiT

Recent Q & A 73

• FAQ: SBR Partner
• Prior Year Tax Returns / Old Forms
• Q&A: MyGov as Auskey Replacement
• FAQ: Lodgment confirmation
• FAQ: Team member access

View all 73

LodgeiT Newsletter 43

• Workshop and Trainings
• Financial Report PRO: Export to Word & Custom Page Breaks
• Depreciation in Tax Returns
• December 2024
• Enhanced "Clients Import"

View all 43

Sign-up Process 12

• Learn LodgeiT via GotoWebinar (Live Demo)
• LodgeiT Workshop and Online Training
• Sign-up / Create Account
• Getting Started Guide
• LodgeiT Overview Process

View all 12

Account and Security 19

• Account
• To use 'QuickBooks Online' Credentials to Sign-in to LodgeiT
• Set up 2-factor authentication
• Reset Two-Factor Authentication
• Codes Security (SMS)

View all 19

'QuickBooks Online Accountant' User 17

• QuickBooks user - Sign in to LodgeiT
• How to Connect QuickBooks Online Accountant to LodgeiT
• Client Sync ('QuickBooks Online' from/to LodgeiT)
• QBOA User Sign-in Issue (2 Different email/login)
• Migrate and Sync Clients from 'QuickBooks Online Accountant and from Other Accounting System in a Single Account in LodgeiT

View all 17

E-signature and Manual signing controls 18

• Signing Documents Electronically Under Corporations Act 2001
• E-signature Template
• Out To Sign: Using E-Signature
• Out To Sign: Manual Signature
• Settings - Primary Contact/Signatory

View all 18

General Settings 49

• "Tax Genii" your AI Tax Research Assistant
• Intermediary
• Gear Wheel / Cog Wheel
• Settings (User/Firm)
• Settings - General

View all 49

General Form Settings and Controls 43

• Dashboard - Work status filter and sort (team, form, period, client group)
• Form Workflow Sequence and E-signature
• How to see Lodged Form / Lodgement Receipt
• How to Create a Tax Form
• How to Amend a Tax Form

View all 43

Tax Systems Conversion Guide 11

• Client Migration Process
• Direct Client Import / Migration
• Pattern for Client Import (optional)
• Extract and Import Client list from Xero
• Client List: Extract and Import Client from Handiledger/Handisoft/Handitax/Sage One

View all 11

ATO Online Services 4

• Connect LodgeiT to ATO
• How to Secure MyGov ID
• MyGov ID as Proof of Agent's Signature
• Error: "LodgeiT is not selected as your SBR software service provider"

Tax Agent 7

• Practice Type for Tax Agent
• Entity Type / Practice Type as Company (Tax agent)
• Taxpayer appointment of tax agent
• Lodgement Declaration Requirement
• Switch Tax Agent

View all 7

Notifications 0

Branding 1

• Brand Setting and Logo

Email Settings 7

• About Email Settings
• Troubleshooting Sending Client Emails
• 'Email From' (Sender) Disconnect old email address and Connect new email address
• Bounce Email / Message
• Shared email address of Microsoft 365

View all 7

General LodgeiT Pricing 12

• Billing page
• Pricing
• Buying Lodgements for Non-Agent (Business entity)
• How to see LodgeiT payment and invoice
• Tax Agent Billing Page

View all 12

'QuickBooks Online Accountants' ProAdvisor Credits/Token 4

• How to "Activate"/redeem LodgeiT through the Intuit ProAdvisor Program
• Renewal of QuickBooks ProAdvisor Subscription (Subscription has Expired)
• Error: Promo Code is not valid or no longer available
• Renew, Re-Activate, Expired, Upgrade, Downgrade of QuickBooks Pro Advisor Subscription

Pricing for Franchisees 3

• About Franchisee Licences
• Buying and Assigning Licences
• Multiple Accounts (Franchisee) in LodgeiT using Switch Organisation

Pricing for BGL 1

• Buying lodgement for SMSF

General 0

Individual Tax Return 0

Company Tax Return 0

Partnership Tax Return 0

Trust Tax Return 0

Superannuation Fund Tax Return 0

Individual: General 12

• Activate "Individual Tax Return" Reporting Module/Manage Sections
• Preparation of an Individual Tax Return (ITR)
• Spreadsheet Example - Sole Trade Comparatives
• Franking Credit Form (Refund) / Short Refund Return
• Auto fill contact details

View all 12

Individual: Income 67

• Adding "Dividends" manually
• Capital Gains (CGT)
• Capital Gains (CGT) - Multiple Trust Distributions
• Worksheet: Capital Gain Tax (CGT) "Granular method"
• Add Reportable fringe benefits amount

View all 67

Individual: Deductions/Expenses 6

• D12 - Personal Superannuation Deductions
• "Validating" Work Related Expenses (D5)
• D11 - Deductible amount of UPP Foreign Pension or Annuity in Individual Tax Return (ITR)
• Government Super Co-Contribution
• D12: Personal Concessional deductions

View all 6

Individual: Offsets 7

• Senior tax Offset (SAPTO)
• T1 Seniors & Pensioners (SAPTO) for Widow/er
• How Lumpsum tax offset calculated?
• Invalid Carer Tax Offset
• Invalid Careers Payment (T5)

View all 7

Individual: Medicare 7

• Private Health Codes
• Medicare Levy not available/NIL (not showing in "Estimate" tab)
• How to Reduce Medicare Levy
• Calculating off-set for private health insurance rebate non resident
• Medicare Levy Surcharge

View all 7

Individual: Adjustments 3

• Part Year Tax Free Threshold
• How to Report Holiday Makers Wages
• Under 18 Excepted Net Income / Adjustments under 18

Individual: Spouse 0

Individual: Business 22

• Description of Main Business
• Applying PRIOR YEAR LOSS
• Business & PSI Income
• Car Expense for Business
• Completing the Business Section of Individual Tax Return (ITR)

View all 22

Individual: Income Test 4

• Adjusted Taxable Income (ATI) and Net Rental Property Loss calculation
• Adjusted Taxable Income (ATI) and Estimated Total Income
• Child Support
• Income Test: Estimated Total Income and Estimated Eligible Income

Individual: Estimates 18

• HELP-HECS Debt
• HECS Repayment Calculation
• Where to find HECS-HELP Repayment?
• Low Family Income / Repayment Threshold for HECS
• Claiming back the withholding tax for non-resident

View all 18

Company: General 9

• Preparation of Company Tax Return
• Video of the Company Tax Form Filling Process
• Company Tax Return Excel Import
• Company Tax Return via 'QuickBooks Online'
• Company Tax Return via Xero

View all 9

Company: Profit&loss 11

• Reporting Interest Income received
• Reporting Partnership Income received
• Reporting Partnership, Interest, Trust & Dividend Income
• Reporting Trust Income Received
• Handling CashFlow Boost reporting

View all 11

Company: Capital Gains 2

• Gains on Disposal
• Capital Gains in Company Tax Return (CTR)

Company: Reconciliation 8

• Understanding the Reconciliation Section - Company Tax Return (CTR)
• Reporting Dividend Income received
• Understanding Reconciliation for Small Business Entity (SBE)
• Non deductible expenses
• Borrowing Cost Schedule

View all 8

Company: Financial Information 4

• Total Debt (item J)
• Paid/Expense: Dividend and Interest Schedule
• Super Contributions paid to employees and Payments to associated persons
• Opening Stock and Cost of Sales

Company: Depreciation 2

• Depreciation (10A - Deduction for Certain Assets)
• CTR: Small Business Entity

Company: Other (Tax Offset, Losses, PSI, R&D, etc) 10

• Current Year Tax Losses
• Apply Revenue Losses Brought Forward (Carried Forward Loss)
• Applying PRIOR YEAR LOSS
• Foreign Source Income
• International Dealing Schedule

View all 10

Company: Tax Calculation 0

Trust: General 11

• Preparation of Trust Tax Return (TRT Form)
• Video of the Trust Tax Form (TRT) Filling Process
• Major Section of Trust Tax Return (TRT)
• Activate "Trust Tax Return" Reporting Module
• Notice to sent

View all 11

Trust: Income 21

• Reporting Partnership, Interest & Dividend Income, Capital Gains and Rentals For Trust Tax Form (TRT)
• How to Use Tags in accounts with other Income categories in Trust Tax Return (TRT)
• Deceased Estate
• Error: The A - Income of the trust estate field is required
• Share of Net Small Business Income Trust

View all 21

Trust: Deductions/Expenses 2

• How to Use Tags in accounts with other expense categories
• Figures from Imported Financials Not Related to Business

Trust: Net Income (CGT, Foreign, Losses) 11

• Applying PRIOR YEAR LOSS
• Trust Losses (Carried Forward Loss)
• Net Trust Income Must Equal Distributed Income
• Trust loss & TFN withheld credit
• Trust Distribution - Tax loss & Capital Gain Tax (CGT)

View all 11

Trust: Reconciliation 1

• Understanding the Reconciliation Section in Trust Tax Return

Trust: Other (PSI, TOFA, NCMI, Offset, Medicare) 0

Trust: Business 3

• Distribution of Small Business Income not showing
• Trust with Capital Gain & Business Loss
• Item 41: D - Closing stock cannot be negative

Trust: Depreciation 2

• Q&A: Non-business related depreciation items in the Trust Tax Return?
• Small Business Entity (SBE) Item K: "Depreciation Expenses on Accounts" (simplified depreciation rules)

Trust: Beneficiaries 6

• Q&A: Trust Distribution to beneficiaries (Financial Report)
• Maximum number of beneficiaries
• How to Distribute Capital Gain to Beneficiary?
• Tax Losses in beneficiary distribution
• "Remove" a Beneficiary

View all 6

Partnership: General 4

• Activate "Partnership Tax Return" Reporting Module
• Preparation of Partnership Tax Return (PTR)
• Video of the Partnership Tax Form Filling Process
• Spreadsheet Example - Partnership Comparatives

Partnership: Income 9

• Reporting Partnership, Interest & Dividend Income, Trusts and Rentals For Partnership (PTR)
• How to Use Tags in accounts with other Income categories
• Handling CashFlow Boost reporting in a Partnership (PTR)
• How to Access Livestock Calculator in the Partnership Tax Return
• Rental Worksheet in Partnership Tax Return

View all 9

Partnership: Deductions/Expense 1

• How to Use Tags in accounts with other expense categories

Partnership: Reconciliation 3

• Understanding the Reconciliation Section for Partnership Tax Return
• Reporting on a Cash Basis in the Partnership Tax Return
• Capital Gains Earned by a Partnership

Partnership: Net Income 0

Partnership: Others (PSI, TOFA, Offset, NCMI) 0

Partnership: Business 4

• Small business Tax Offset -Partnership Tax Return (PTR)
• Small Business Skills and Training Boost / Small Business Technology Investment Boost
• Small business tax offset from Partnership Tax Return to Individual Tax Return
• How to Record Jobkeeper in a Partnership Tax Return (PTR)

Partnership: Depreciation 0

Partnership: Income Tests 0

Partnership: Partners 0

SMSFAR: General 14

• Import Self Managed Superannuation Fund (SMSFAR) from Mclowd to LodgeiT
• How to Prepare Accounts for Superannuation Funds to Import to LodgeiT
• Preparation of Self Managed Superannuation Fund (SMSF)
• Calculation Engine for Retirement
• Exempt current pension income - Self Managed Superannuation Fund (SMSF)

View all 14

SMSFAR: Income 10

• SMSF Capital Gains
• SMSF Total income
• How to get the credits back - Self Managed Superannuation Fund (SMSF)
• Non-Concessional Contribution Income (SMSF)
• SMSF Rent

View all 10

SMSFAR: Deductions 3

• Applying PRIOR YEAR LOSS for Self Managed Superannuation Fund (SMSFAR)
• Depreciation for Self Managed Superannuation Fund (SMSF)
• SMSF with Multiple Rental Property Deductions

SMSFAR: Tax Calculations 2

• T2 Tax Offset
• How to Disable PAYG Instalments (PAYGI)

SMSFAR: Losses 1

• SMSFAR Carried Forward Loss

SMSFAR: Members 3

• Member Statement (entering "Opening Balance of a Member")
• Tax for"Members"
• Section F & G: Supplementary Member Information

SMSFAR: Financials (Liabilities, TOFA, Other) 0

SMSFAR: Contacts 0

Activity Statement (BAS) 28

• Preparation of Activity Statement (BAS)
• Manage Activity Statement (BAS)
• Pull new Activity Statement (AS)
• Collecting and Filling Activity Statements (AS) from the ATO Systems
• 'QuickBooks Online' BAS Import

View all 28

FBT Tax Return Form (Fringe Benefit Tax) 2

• Preparation of Fringe Benefit Tax Return Form (FBT)
• FBT Worksheet and Calculation

PAYG Payment Summary Tax Return 2

• Preparation of PAYG Payment summary (PS)
• How to Import Empdupe to Payment Summary Form (PS)

TPAR Tax Return Form (Taxable Payments Annual Report) 5

• Preparation of Taxable Payments Annual Report Form (TPAR)
• How to Import Excel Template to Taxable Payments Annual Report (TPAR)
• OLD Taxable Payments Annual Report Preparation (TPAR)
• How to Lodge NIL TPAR?
• How to import TPAR from 'QuickBooks Online'?

CGNFT ( Consolidated Groups Notification of Formation and Member Entrance-Exit ) 1

• Preparation of Consolidated Groups Notification of Formation and Member Entrance/Exit Form (CGNFT)

FTER ( Family Trust Election 1

• Preparation of Family Trust Election, Revocation or Variation Form (FTER)

IEE ( Interposed Entity Election and or Revocation ) 1

• Preparation of Interposed entity election and or revocation form (IEE

RNN Tax Return Form ( Return Further Returns Not Necessary) 1

• Preparation of Non Lodgement Advice (NLA)

TFND Tax Return Form ( Tax File Number Declaration) 1

• Preparation of Tax File Declaration form (TFND)

Not for Profit 2

• Chart of Account for Not for Profit Organisation (NFP)
• "Not-For-Profit" Tax Form

General - Financial Reporting 28

• The LodgeiT Approach to Preparing Financial Reports
• "Financial Report" Manage and Modify
• Basic "Financial Report" (Free Version)
• Financial Report PRO / Advanced and Paid Version
• General Purpose Financial Statements/Reports

View all 28

Branding 1

• Branding Settings and Logo (Emails and Financial Statements)

Signing 4

• Managing "Financial Report" Compilation Report
• Sign a compilation report
• Default Signatory (For Financial Report > Compilation)
• "Financial Report "Statements and E-Signature

Company 3

• Preparing "Financial Reports" for a Company
• Demonstrating Producing Company "Financial Statement Report" via 'QuickBooks Online'
• Accounting Versus Taxable Capital Gain

Individual 4

• Preparing "Financial Reports" for a Sole Trader
• ATO Liability
• Share of Franking credits from managed funds
• Estimate: Includes complementary tax for special professional averaging

Trust 5

• Preparing "Financial Reports" for a Trust
• Working with Trusts
• How to distribute/allocate profit to beneficiary in Trust "Financial Report"
• Video of a Trust "Financial Report" Generation Process
• Working with Trust Accounts

Partnership 2

• Preparing "Financial Reports" for a Partnership
• How to distribute "Partners Profit Distribution Summary" in Partnership "Financial Reports"

Superfund 3

• Preparing "Financial Reports" for a Superannuation Fund (SMSF)
• How to distribute "Members Profit Distribution Summary" in Superannuation Fund (SMSF) Financial Report
• Franking Credit as Refundable

Legal Documents / Templates 1

• Report Templates: Legal Documents/Templates

Integration (API) General Settings 5

• Settings - Import
• API General Settings- Importing Financials
• Removing Imported Financials
• Manage Connection: How to remove accounting software
• How to refresh financials?

QuickBooks Online 3

• 'QuickBooks Online' Integration Instructions
• Time Billing (using QuickBooks Online-TSheet)
• QuickBooks Pro Advisor "Troubleshooting" guides

Xero 9

• About Xero integration
• Sign in with Xero
• Sign up with Xero
• Connect to Xero
• Continue with existing Xero organisation

View all 9

MYOB Business (Myob AccountRight Live, and MYOB Essentials) 4

• MYOB BUSINESS (Myob AccountRight online and MYOB Essentials)
• Error: Something went wrong while importing financials from MYOB AccountRight Live
• Issue: Myob API Import - figures are incorrect
• Financial import from Myob AccountRight - Issue with Retained Earnings

ATOmate 1

• Export to ATOmate

ATO SmartDocs 1

• Export to ATO SmartDocs

BGL SimpleFund 360 1

• Import SMSF annual return from BGL SimpleFund 360

General 5

• What is a Financial "Import"?
• General - Importing Financials
• Financial Reports (comparative excel sheet example)
• "Do not import to tax return"
• Negative Bank Balance

Excel 1

• Importing Financials from Excel

Classification of Account Line Items 9

• Understanding LodgeiT Chart of Accounts
• Getting Started with Mapping Accounts
• Chart of Accounts Taxonomy
• Account allocation in tags
• Scroll issue while mapping an accounts

View all 9

'QuickBooks Online' (API and LSU) 3

• Importing Financials from QuickBooks Online (Using LSU)
• Importing Financial Statements from 'QuickBooks Online'
• Amend BAS details imported from'QuickBooks Online'?

Reckon (Extract & Import ; using LSU) 4

• Import Financials from QuickBooks/Reckon Account Hosted (Desktop version Extract & Import)
• LSU: Importing Financials from QuickBooks/Reckon Accounts Desktop
• Import Financials from Reckon One (Extract and Import)
• LSU: Import Financials from Reckon One

Xero (API Integrated) 0

LodgeiT Smart Excel Utility 12

• LodgeiT Smart Excel Utility (LSU) Installation
• Generate an XML using LodgeiT Smart Excel Utility (LSU)
• Import financials using LodgeiT Smart Excel Utility (LSU)
• Software's that LodgeiT Smart Excel Utility (LSU) support
• Installation for Add-in issue : LodgeiT Smart Excel Utility

View all 12

Other Software Providers using LSU 15

• Extract & Transform HandiLedger Balance Sheet Report
• Extract & Transform Handiledger Profit Loss
• LSU: Extract & Transform Mas Sol6 Balance Sheet Report
• LSU:Extract & Transform Mas Sol6 Profit and Loss Report
• Extract & Transform Tally Balance Sheet Report

View all 15

Software Assistant (Extract & Import) 1

• Importing financials from Software Assistant

MYOB Account Right - Desktop version (Extract & Import) 1

• MYOB AccountRight - Desktop version (Extract & Import)

MYOB Business Lite (Extract & Import ; using LSU) 2

• LSU: Importing Financials from MYOB Essentials (using LodgeiT Smart Excel Utility)
• Importing Financials from MYOB Business lite (Extract & Import)

MYOB Accounting Classic (Extract & Import) 1

• MYOB Accounting Classic / MYOB Desktop Legacy (v13 to 19) - (Extract & Import)

Elite (Using LSU) 1

• LSU: Importing Financials from Elite

MYOB - Accounting Legacy (using LSU) 2

• LSU: Import Financials from MYOB Accounting
• MYOB Accounting Legacy: Extract & Transform Financial Report

MYOB - Tax and Contacts (using LSU) 2

• Using LSU: Extract, Transform and Import Financials from MYOB Tax & Contacts Balance Sheet Report
• Using LSU: Extract, Transform and Import MYOB Tax & Contacts Profit and Loss Report

MYOB AO Classic 1

• Using LSU: Import "MYOB AO Classic" Balance Sheet and Profit and Loss in LodgeiT

BGL Simple Invest 360 2

• Financial import - BGL Simple Invest 360
• BGL Simple Invest 360 Import Error: "Doesn't have a valid format"

General Tax Knowledge 18

• Accounting and Tax Facts for Dividends
• Losses
• Simpler Depreciation for Small Businesses
• Cash vs Accrual Reporting in Tax Forms
• Flow-through of Dividends from Company via Trust to Human Beneficiary

View all 18

Effective Accounting Techniques 11

• Preparing Accounts for LodgeiT
• Understanding Accounting Reports
• How to Ensure Accounts are Accurate
• Accounting Depreciation Different to Tax Depreciation for SBE Company
• Handling Dividend Reporting

View all 11

Basic Accounting Literacy 1

• Basic Accounting Literacy

Accounting to Tax Reconciliations 1

• Logic of Reconciliation Section

Working Papers 10

• Using Working Papers
• Checking Workpapers : as an "accountant"
• Checking Workpapers : as a "reviewer"
• Checking Workpapers: for expected value
• Delete workpapers

View all 10

Other Calculators & Tools 12

• Access Borrowing Cost Calculator
• Create & Manage Loans
• Finding the Interest rate for the Hire Purchase (HP) Calculator
• GST Reconciliation - Cash GST reporting and Accrual accounting
• Notes

View all 12

Share Register & Franking Account Tools 12

• Working with the Share Register & Paying Dividends
• How to use the Share Register & Franking Account
• Dividends Paid and Franking Account
• Add Dividends paid by the company to the Shareholders
• Opening Balance - Franking Account

View all 12

Depreciation Tools 64

• Settings - Depreciation
• ATO Guide to Depreciation
• Depreciation FAQ's
• Understanding our MAJOR 2024 Year Depreciation System Update
• Migrate Tax Depreciation into Tax Returns

View all 64

Tax Related Reconciling Tools 12

• The Reconciliation Analyser
• Activity Statement Analysis - Accounting System
• The GST Analyser
• Annual GST Analyser
• Payroll Analyser

View all 12

Share Buy - Sell Tools 3

• Manage Buys & Sells of Shares
• Edit or Remove a Share Buy Sell Transaction
• Manage the Sell of Shares that have been bought in different batches

Document Storage 10

• Document Storage Overview
• Understanding Document Types & Document Timeframes
• Create "File" Date/Period
• Attaching Documents in the Document Storage Area
• Document Sub-Type for Financial Report

View all 10

Known Error Codes 223

• CMN.ATO.GEN.430018
• ABR Outage
• CMN.ATO.AS.000161
• CMN.ATO.CTR.428136
• CMN.ATO.AUTH.007 / CMN.ATO.AUTH.008 - Not Authorized to Lodge

View all 223

Old Forms 7

• Validation Errors on Old Forms
• Old Form : Trust Tax Return Form 2015
• Old Form: With ABN and without business income/ANZSIC
• Attaching a Losses Schedule for an Old Form
• TRT Old Form: Net Primary Production Income or Loss

View all 7

LodgeiT Labs > AccFx 51

• Accfx Login
• Demo
• Make Consolidated Entity
• Change from Company to Trust
• Charts Demo

View all 51

LodgeiT Labs > Livestock 3

• Grain Farming Concepts
• Livestock Processing
• Quantities

LodgeiT Labs > Pacioli 1

• Standard Business Reporting Model

LodgeiT Labs > Algorithmic Accounting 2

• Algorithmic Accounting
• Ethereum Layer 2 Decentralised to Centralised Wallet

Research & Development 5

• Information Marketplace
• LE Demo - Tax Legislation Reasoning Using Logical English
• MERC - Merchant Money for Information Access Control & Reward
• Stephen Wolfram Discusses Blockchain Technologies
• GPT & Division 7A

MERc 4

• Buying MERc with Bitcoin
• Sell MERc get Bitcoin
• Transferring MERc
• Withdraw Layer 2 to Layer 1