Find the losses section at the bottom of the Reconciliation tab.
Note: It is necessary to visit the Reconciliation TAB and manually insert the losses you want to apply against current year profits.
Click here to read more about Loss carry-back for companies
To fill Losses Carried forward to later income years - navigate and fill Losses Reconciliation sections, fields B-I will be transferred to 2019 – 2020 income year.
Note: Loss carry back tax offset cannot be more than Closing franking account balance. User can read how to complete franking account records here