Losses Brought Forward in 2020 Tax Returns

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Losses Brought Forward in 2020 Tax Returns

In the NZ 2020 Tax Return, when the Tax Losses from 2019 are brought forward, they aren't adding the Losses from the 2020 year onto the 2019 Losses and showing as a single total on the Tax Return.  The 2019 Losses just drop off and only the Losses for the 2020 year show.

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Re: Losses Brought Forward in 2020 Tax Returns

I'm having the same issue. A solution would be much appreciated Smiley Happy

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Re: Losses Brought Forward in 2020 Tax Returns

Hotfix came overnight.  Hopefully that's fixed it!...

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Re: Losses Brought Forward in 2020 Tax Returns

Is there a link to it anywhere?

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Re: Losses Brought Forward in 2020 Tax Returns

Hotfix 51806835 for MYOB AO Classic 23.0.0

This hotfix is available to download on my.MYOB.

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Re: Losses Brought Forward in 2020 Tax Returns

Fabulous, thanks.

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Re: Losses Brought Forward in 2020 Tax Returns

Hi!

Did the Hotfix fix this issue for you and which patch? The 23.0.0 Hotfix I found (51806835) refers to fixing the Practice name in reports and nothing about losses. 

Thanks

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Re: Losses Brought Forward in 2020 Tax Returns

Hi Kelly,

 

No, still waiting on a fix. Few other issues have also come to light, believe will be fixed next month.

 

Dan

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Re: Losses Brought Forward in 2020 Tax Returns

Can someone in MYOB please give this the bump for a fix?  We are waiting on this for a number of clients now and cannot bill out our WIP until we get these Tax Returns completed and this is now costing us at a crucial time!  :-(

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Re: Losses Brought Forward in 2020 Tax Returns

The issue will be fixed in next update, which is expected in a month time. This losses issue does not impact the return E-filing. However the Tax Summary report needed to be correct manually.

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