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 

https://www.ato.gov.au/business/imputation/paying-dividends-and-other-distributions/franking-account/"


Related Article:

CTR - Losses
Applying PRIOR YEAR LOSS
Understanding the Reconciliation Section
Reporting Partnership, Interest, Trust & Dividend Income