How to Enter or Import an AMIT/AMMA Statement in Navexa
Use Navexa’s AMIT statement workflow to enter the final annual tax information for an ETF, managed fund or trust.
Before You Begin
Before entering a statement, make sure:
You have the provider’s final annual tax statement (see About AMIT and AMMA Statements in Navexa).
You have selected the financial year shown on the statement.
The correct holding is recorded in Navexa.
The holding’s distributions for that financial year are present.
You haven’t already entered the same statement values another way.
Use one entry method for each holding and financial year. Enter the statement manually or import the PDF, but don’t repeat the same values on the individual distributions.
Don’t change the holding’s original buy prices to enter AMIT cost-base adjustments.
Where You Can Start
You can start the AMIT statement workflow from either of these areas:
Taxable Income Report
A holding’s Income page
Both options open the same AMIT statement workflow for the selected holding and financial year.
Open The AMIT Workflow
From The Taxable Income Report
Choose the portfolio you want to update.
Open Tax Reporting from the left-hand menu.
Select Taxable Income.
Choose the financial year shown on the statement.
Scroll to Trust Income.
Find the relevant holding.
Select Enter AMIT Statement.
Select Update AMIT Statement instead if statement data has already been saved for that holding and financial year.
From The Holding’s Income Page
Open Portfolio.
Select the relevant holding (e.g. VGS).
Open Income.
Select Enter AMIT Statement or Update AMIT Statement.
Both paths take you to the same statement entry options.
Choose An Entry Method
After selecting Enter AMIT Statement, Navexa gives you three options:
Enter manually
Import from PDF
Mark as not requiring AMIT data
Choose the option that matches the statement information available to you.
Enter The Statement Manually
Use Enter manually to copy the annual values from the provider’s statement into Navexa.
Select Enter manually.
Find each corresponding item from the provider statement.
Enter the annual value under Net Amount.
Review the updated totals.
Select Save Updated Distributions.
Only enter amounts shown on the final statement.
Match each amount using its meaning and tax return label. Don’t place an amount into a different field simply because the wording looks similar.
Some fields are calculated automatically and can’t be edited directly. Enter the underlying components, then review the calculated value before saving.
Import The Statement From PDF
Use Import from PDF to have Navexa extract values from the provider’s statement.
Select Import from PDF.
Drag the PDF into the upload area, or select Browse Files.
Select Upload File.
Wait while Navexa extracts the statement values.
Compare every extracted value with the original PDF.
Correct any values or mappings that don’t match.
Select Save Updated Distributions.
PDF import speeds up data entry, but it doesn’t replace reviewing the statement.
Statement formats vary between providers. Check every imported amount and tax label before saving.
Don’t place an unsupported tax label into another field to make the totals balance.
Mark AMIT As Not Required
Select Mark as not requiring AMIT data when the holding doesn’t require AMIT statement information for that financial year.
Navexa will display AMIT Not Required beside the holding.
This doesn’t permanently prevent you from entering a statement. You can select Enter AMIT Statement later if you receive one or determine that it is required.
Review The Form
The AMIT statement form shows how the annual values will update the holding’s distributions.
The form includes:
Item: The income or tax component.
Tax Return Label: The related Australian Taxation Office label, where applicable.
Net Amount: The annual value entered manually or imported.
Distribution columns: The distributions recorded during the financial year.
Totals: The amounts currently recorded across those distributions.
New Net Amounts: The resulting annual amounts after your changes.
Before saving, check that:
The correct holding is selected.
The correct financial year is selected.
Each Net Amount matches the provider statement.
Imported amounts use the correct items and tax labels.
Calculated totals match the statement where applicable.
The same values haven’t been entered elsewhere.
Save The Statement
Select Save Updated Distributions after reviewing the form.
Navexa then applies the annual statement components across the holding’s distributions for that financial year.
Return to Tax Reporting > Taxable Income and review the holding’s updated figures.
Navexa will show AMIT Complete once the statement data has been saved. Select Update AMIT Statement if you need to review or change it later.
Common Issues
Why Can’t I See Where to Enter an AMIT Statement?
If Enter AMIT Statement isn’t available, check that:
You are viewing the correct financial year.
The holding appears under Trust Income.
The relevant distributions have been recorded.
The distributions are assigned to the correct financial year.
A custom holding has Trust Income enabled.
The relevant custom-holding distributions also have Trust Income enabled.
The holding isn’t excluded from tax reporting.
For custom investments, see Trust Income Missing for Custom Funds.
Why Have My AMIT Statement Values Doubled?
AMIT statement values may appear twice if the same annual components were entered through the AMIT workflow and also added manually elsewhere.
Check whether the values were entered both through Enter AMIT Statement and on the individual distributions. Keep one entry method for each holding and financial year, then review the Taxable Income report again.
Why Don’t The Imported Values Match My AMIT Statement?
Imported values may not match because providers use different statement formats and tax-label wording.
Compare every imported amount and tax label with the original statement before saving. Correct any value that doesn’t match.
Contact Support if:
The statement contains a tax label with no matching Navexa field.
Navexa assigns an amount to the wrong field.
The values change unexpectedly after saving.
The imported totals still don’t match after correction.
Include the holding, financial year, relevant statement page and a screenshot of the Navexa form.
Remember, this is general information, not personal financial advice.