-
Oxygen SMSF Loans - Oxygen is a specialist SMSF mortgage Lender fully integrated Simple Fund 360 via BGL’s API and their integration tool can be used to understand instantly what your client can afford in property investment.
-
Audit Workpapers - For SMSF Auditors who do not utilise specialised Audit software, Simple Fund 360 allows them to print prefilled workpaper templates and reports.
-
In-Person Digital Signing - Docusign's In-Person signing feature is now supported and can be used.
If you are meeting in person with a client, you can use in-person Signing to simplify the signing process and keep documents digital. This can be done on portable devices such as iPads or computers. - Xero - Export of the 2024 Annual Return is now available.
-
Simple Invest 360 only: Reports - Added a new report “Trust Income Schedule Reconciliation” for Trusts and Companies.
-
Transactions - Added a feature to allow users to reverse out a transaction at a future date automatically.
- Corporate Actions - Improvements have been made to now allow the processing of Donations or Refunds within Dividend / Distribution Reinvestment Plans (DRP) and Share Purchase Plans.
- Fund Transfers - Details included in the Audit Management Screen are now included when funds are transferred.
-
Investment Security List:
- Enhancements have been made improving how foreign price feeds are mapped.
- Updated wording from “Fund” to “Entity”. - SuperStream - Notifications have been added to the Fund Dashboard highlighting rollovers received by the fund.
-
Distribution Tax - Capital Gains calculations have been improved in the following areas:
- 23800 Transaction more details section
- Distribution Tax Automation screen - Investment Income Report - A setting has been added allowing users to select either a 50% or 1/3 discounted capital gains amount.
- Trust Income Schedule - Added the ability to manually add a schedule for trust distributions.
-
Documents (Digital Signing) - If any signatories uses the ‘In Person Sign’ option, an indicator will display on the digital sign process diagram.
- Note that there is currently no reminder functionality for in-person signatories. - SmartDocs - The AI extraction capabilities have been updated to support a wider variety of dividend statements. As a result, we anticipate that more dividend files will be automatically attached to relevant transactions upon file upload.
- Workflow Jobs - Added a filter to show unassigned jobs.
- Inter-Entity Journals - Added a warning when an inter-entity dividend or distribution has been amended in the receiving entity.
- Consolidated Reporting - Increased the number of entities allowed for Consolidated Reporting to 20.
- Reports - The SMSF independent auditor's report format has been updated to match the ATO's minor wording changes.
- Smart Reports - Documents can now be uploaded via the Smart Reports Trial Balance screen. When hovered over, the document name will be shown and can be clicked to navigate to the document screen.
- Strategic Asset Allocation Report - Added a new column “Variance from Target Allocation”.
- Chart of Accounts (Simple Invest 360 only) - Custom accounts will now have a tax label automatically added.
- Live Reports - Live reports will now automatically redirect to Smart Reports with the option to navigate back to Live Reports.
- Division 7A - Div7A Interest Rates from the 2025 year onwards have been updated.
- Chart of Accounts - Disabled fund selector for Bank Account type.
- Period Compliance - Corrected an error due to rounding in the Statement of Taxable Income screen for Companies.
- Smart Reports - Corrected an error where AI Analysis was mixing up credit and debits in some scenarios.
- Smart Reprts - Fixed an issue with date column headings in Smart Reports when selecting custom periods.
- Trust Tax Return - Fixed an issue where "Gross Intrest - Including Australian Government Loan Intrest" was not flowing through to the tax return correctly for Trusts.
- Workflow - corrected a spelling mistake in template date settings.