New Tax Year Additions and Enhancements
QuickBooks Tax
Tax Forms 2023
The 2023 tax forms are now available. LodgeiT will automatically create new forms for you in a few days. We will ensure that relevant field values will roll forward from 2022 returns. Check out the ATO's overview of key changes.
Please note pre-filling data from the ATO is available from 1 July as the ATO receives it, with most data being available by the end of July.
Teams & Client Access
You can now easily configure and see who is responsible for particular clients by organising colleagues into teams and assigning them to client groups or clients. We have also introduced an outside collaborator role, who can only access the clients and work they are assigned to.
Here is what you can do:
- Create teams and add members to them
- Assign members and teams to clients and client groups
- Mark clients as private to hide them from other colleagues
- Filter your work by client assignee
- Invite outside collaborators
- Upload your profile photo in the account settings.
To learn how to use this new functionality, take a look at our demo video to see it in action.
Default Contact Source on Tax Returns
Now you can configure a default contact source on a tax return separately for a postal address, phone and email. You can configure it to automatically populate with your details, client details or carry forward them from a prior year tax return. Additionally, you can override any option in the client settings.
Activity Statement Substantiation Declaration
We added an option to include the substantiation declaration for activity statements.
Two-Factor Authentication using an Authenticator app
To keep your valuable data safe, we highly recommend switching your second-factor authentication from SMS to an authenticator app. This will provide a safer, more reliable level of security. You can change your preference in your account settings.
For new users, SMS as the second-factor authentication is not available anymore.
Advanced Financial Reports
We've been working hard to build the next generation of financial reporting.
Here is what you can do:
- Create and customise financial notes
- Add up to 12 comparison periods
- Add, remove and change the order of your report blocks
- Use automatically numbered headings
- Play first, pay later. Try all the features before buying.
See it in action by watching our demo video to learn more.
This functionality is available by purchasing a package or paying per report. Prices start just at $6.59 per report if you buy a package. To learn more, head to the billing page for detailed pricing.
To help you get the most out of this new reporting functionality, attend one of our free Financial Reports Workshop to learn more.