Note: Australia Post ESA service for BGL's clients will end on 30/06/2023. For more information, click here.
From 30/06/2023 onwards, to continue receiving contribution and rollover/release authority messages in Simple Fund 360, the fund needs to:
1. Update the fund's SuperStream registration to the BGLSF360 ESA
- If you are registering the fund for SuperStream, for the first time, see SuperStream: How to register in Simple Fund 360
- If you are switching from the AUSTPOSTSMSF ESA, see Change ESA: How to Change your ESA From Australia Post to BGL ESA
- If you are migrating from Simple Fund Desktop, see Migrating SuperStream registered funds from Simple Fund Desktop to Simple Fund 360
2. Update the employer of BGLSF360 ESA
3. Update the ATO of BGLSF360 ESA.
BGL launched a new SuperStream Electronic Service Address (ESA) called BGLSF360 that supports SuperStream Rollovers, Release Authorities and Contributions. As of 01/10/2021, all new registrations will use the BGLSF360 ESA Only.
Note: The BGLSF360 ESA is free of charge when registering directly with Simple Fund 360.
Australia Post will provide Simple Fund 360's SuperStream Gateway
BGL has partnered with Australia Post to provide SuperStream services. If you are registered with Australia Post, you will be supported for Contribution Data only in Simple Fund 360.
Note: Australia Post ESA service for BGL's clients will end on 30/06/2023. For more information, click here.
As of 01/10/2021, all new registrations on Simple Fund 360 will use the BGLSF360 ESA Only.
What happens if I migrate my funds from Simple Fund to Simple Fund 360?
If you have already registered and paid for SuperStream in Simple Fund, no refund will be provided for a fund upon migration to Simple Fund 360. Upon migration to Simple Fund 360, the SuperStream registration will automatically be updated to the BGLSF360 ESA. For more information, see Migrating SuperStream registered funds from Simple Fund Desktop to Simple Fund 360.
This ESA is provided free of charge, and supports contribution, rollover and release authority messages/transactions.
Once migrated any correspondence from Australia Post in regards to renewals for a fund now on Simple Fund 360 can be disregarded.
Any prior contribution data obtained via SuperStream prior to migration for the fund will still be accessible from Simple Fund 360 post-migration.
Contribution Transactions
Data will automatically match when data feeds are active. The Superstream data and cash transactions entered must meet the following conditions to automatically match the transaction:
- The total dollar amount is identical.
- The Superstream data and cash transactions dates are on the same day or the Bank transaction is a day after the contribution transaction.
| From the Main Toolbar, go to Accounting. |
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| Select Transaction list |
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1. Select New Transaction and from the drop-down list, select Bank Statement.
2. Under the Account heading, select the bank account from the Input Bank Account box. Next, begin typing and select 24200/MEMBERCODE from the Input Account box.
3. For funds that have been registered with Australia Post, the Contribution Details panel will come up with the SuperStream Data and when the data was last updated.
4. Select the SuperStream Data link for a list of the contribution transactions.
Filters:
Apply the following filters directly from the More details Panel:
- Current Financial Year (default)
- Previous Financial Year
- Next Financial Year
- Custom Dates
5. In the New Transaction screen, input the Date of the transaction.
6. Under the Credit column, input the contribution amount received. If the date and amount match the data from the SuperStream Contribution Data, Simple Fund 360 will automatically fill in the Description and Contribution Details and will post a corresponding entry to the bank account fields on-screen.
7. Select Post