Unit Trust Validation Error

Hi I don't know about MYOB but I faced the same issue in Xero and fixed it by answering NO in the "Will you make a TB statement?" question in the beneficiary statement.

This is now requiring a selection of YES/NO instead of just skipping.

Below is the answer from Xero Support.

Hope this helps.

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Based on your description and error code from the screenshot, CMN.ATO.TRT.433088, if assessment code 35 is used in the beneficiary statement, you will need to answer the question "Will you make a TB statement?".

If your answer is YES, you will need to fill up the following fields in the beneficiary schedule:

• Tax File Number
• Name of non-individual beneficiary or Surname/family name of individual beneficiary
• Tax preferred amounts must not be 0 or empty
• Untaxed part of share of net income must not be 0 or empty

If your answer is NO, you'll need to make sure:

• Tax preferred amounts must be empty
• Untaxed part of share of net income must be empty.

This error message is a new validation check for TRT 2024 and is working as designed. Could you please review all the beneficiary schedules and retry validating your return?