IRD transactions for all clients in the practice are downloaded directly from the IRD web services on a nightly basis, using the IRD login details stored in your agency list. After the transactions are downloaded, they are automatically reconciled with matching MYOB AE/AO transactions.
The rules to auto reconcile IRD data are preconfigured and cannot be changed in MYOB AE/AO. The variances accepted by the auto-reconciliation are:
|
Variances accepted by auto reconciliation |
|
|---|---|
|
FAM tax accounts |
5% of the original calculation |
|
INC tax accounts |
$0.05 |
|
REB tax accounts |
$0.05 |
|
SLS tax accounts |
5% of the original calculation |
|
tolerance for payments |
7 days |
The IRD Data page provides a quick way to review the transactions downloaded from the IRD for your practice. There are three display views:
|
Views |
Description |
|---|---|
|
Unreconciled |
This view displays a list of all client that have IRD transactions that were unable to be reconciled with MYOB AE/AO transactions. |
|
Batch Review |
This view displays all the transactions which were imported into MYOB AE/AO on the date shown in the Import Date field. |
|
Deferred |
This view displays all IRD transactions which have been manually deferred by you using the defer tasks in Tax Manager. |
In any of these views you can:
-
double-click the row containing the required client to open Tax Manager for that client
-
click an IRD Number hyperlink to open Tax Manager for that client
-
click a Client Code hyperlink to open their Client page Tax tab
-
click a Client Name hyperlink to open Return preparation for that client
-
filter the list of transactions to display only those that match the information you require
-
sort the transactions displayed
-
group the results so that transactions with the same information are listed together.