EFT Reconciliation Report

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Contributing Cover User ATP_Acc_Servs
6 Posts
Contributing Cover User
Australia
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EFT Reconciliation Report

Hello

I need to run the EFT Reconciliation report that the ATO provides but apparently the report is requested through an accounting software.

 

Does or has anyone know how to retrieved this report?

 

As a background, the EFT Reconciliation report details all the client refunds that have been transferred to the trust account in terms of date, client name and also tax year / BAS quarter.

 

Xero seems to be able to run this but I can't find a resourse in MYOB to get this report.

3 REPLIES
JoH
4 Posts
User
Australia
Accepted Solution Solved Solution

Re: EFT Reconciliation Report

Hi

If you search the MYOB Knowledge Base it shows you how to request forms from the ATO.  One of these being your EFT Reconciliation Report.

Basically within tax go to Utilities, Lodgement setup, click on the Security tab, agent request form, complete form for the report you want then click output.  The EFT report is an unsolicited report.

Cheers

Jo

Contributing Cover User ATP_Acc_Servs
6 Posts
Contributing Cover User
Australia

Re: EFT Reconciliation Report

Here's the step by step answer for anyone that wants a quick answer:

  1. Go to Tax – Client Search
  2. Select ELS Report to request
    1. Go to Tax – Client Search
    2. Click Select for Lodgement on the left hand side
    3. Enter Master Password to access ELS Reports
    4. Click “Agent Request Form” button
    5. Choose “ER” in pull down menu for “Type of Unsolicited Report”
    6. Choose “Yes” in pull down menu for “Receive Unsolicited Reports?”
    7. Click Output button and click yes on the next dialogue box
  3. Submit Report Request to ATO
    1. Go to Tax – Client Search
    2. Click Select for Lodgement on the left hand side
    3. Click Output button
    4. Click button List returns to send to check for lodgement
    5. If happy with the output files to send, click connect
  4. Retrieve ELS Reports
    1. Go to Tax – Client Search
    2. Click Select for Lodgement on the left hand side
    3. Click Output button
    4. Select connection type: Retrieve Reports Only
    5. Click Connect Now button
  5. View ELS Reports
    1. Go to Tax – Client Search
    2. Click ELS Reports on the left hand side
    3. Double click on downloaded report to select
    4. Press Ok
    5. Either preview or print report on printer

Note: I do not know how long it will take for the requested report to be run by the ATO, hence when retrieving reports, there might be nil reports retrieved a few days after requesting any specific reports.

Contributing Cover User ATP_Acc_Servs
6 Posts
Contributing Cover User
Australia

Re: EFT Reconciliation Report

Correction, change step 2.2 to "Click Lodgement setup under the practice heading on the left hand side"

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