The illustration below shows that the "Business" is currently activated (greyed out) and is intended to be deactivated.
TABLE OF CONTENTS
- A. Check if you have irrelevant figures via "Business" section
- B. Remove the ABN
- C. Remove the "Trading Name"
- D. Revert to "?" the "Small Business Entity" indicator
- E. Remove the 'imported" Financials
- F. Remove "Depreciation"
You can follow the steps below to deactivate the "Business" section.
A. Check if you have irrelevant figures via "Business" section
ie, open the "Business" tab and delete schedules or zero figures in it, then you will be able to deactivate the Business tab.
B. Remove the ABN
Try to remove the 'ABN' and 'Anzsic Code' from your client's "Settings".
C. Remove the "Trading Name"
If, doesn’t have business, then, remove trading name from General - Settings page.
D. Revert to "?" the "Small Business Entity" indicator
E. Remove the 'imported" Financials
Remove the imported financials since it is unnecessary because it has no business.
ie these details in the tax form is either manual input it or you have an imported financials, and you need to remove
Guide: Removing Imported Financials
For the "Depreciation" that has been imported/injected through the tax form, and don’t want to include financial amounts in tax return, user can add “Do not import to tax return” tag to their accounts.
F. Remove "Depreciation"
Check Depreciation section is turned off.
If you're unable to turn off "Depreciation," go to "Tools" and update or remove the Asset categorized under "Business".
and/or "Rollback the date to remove.
For the "Depreciation" that has been imported/injected through the tax form, and don’t want to include financial amounts in tax return, user can add “Do not import to tax return” tag to their accounts.
Validation:
Now, try to remove the ticked or deactivate the Business section and then try to validate the form again.
In case this doesn't resolve your issue, please send us a pdf copy of your tax form.