Cash Movements (Bank Transactions
|Investment Movements (Buys & Sells)
|Income Movements (Dividends & Distributions)
BGL has integrated with IOOF and AET to provide Simple Fund 360 with the following data feeds:
- AET Portfolio Management
- AET Superannuation
- IOOF Lifetrack
- IOOF Pursuit
- IOOF WealthBuilder
The data feed will provide Bank Movements, Investment Movements (Buys and Sells), Income Movements (Dividends, Distributions, and Bank Interest) as well as balances for bank accounts and investment holdings.
1. All requests for new data feeds must be submitted via IOOF's data feed support webpage - https://dataservices.ioof.com.au/support
2. IOOF requires the following information to complete the application:
3. Once the support request is submitted it will generate an internal ticket for IOOF to action. Once confirmed, IOOF will generate a data feed username and password and send them to the nominated email address. Allow up to 3-4 business days for the details to be sent.
4. IOOF will send a further email with adviser details to be input into Simple Fund 360.
5. These will need to be input into Simple Fund 360 in the Adviser Management screen. (see steps provided in the 'Setup in SF360' tab).
To set up an IOOF data feed within Simple Fund 360, please navigate to the Feed Management screen and follow the below instructions.
Within the Feed Management screen, click the "+ setup" button to create a new feed.
Entity Name - Ensure that the correct entity has been selected.
Feed Provider- Select ‘IOOF' or 'AET’.
Account ID - Input the Account ID for the wrap account.
Bank Account - Select a Bank/Cash Account to link to this feed.
Do Not Import Data Before - Users can restrict the data that is imported by the feed by inputting a date. Clicking on the three dots will allow you to also enter a Do Not Import Data After date. If data has already been manually entered, this step will be necessary to prevent any duplication of manual work.
Link Holding Accounts to Feed - Switch the toggle to ‘ON’.
Account Mapping- Linking holding accounts to a specific feed ensures transactions from this feed are allocated to these bank/investment accounts.
Save - Click this button to ensure that any changes made are saved.
The turnaround time will differ for each wrap and investment platform. If you do not receive a response within a week, please follow-up directly with the relevant wrap or investment platform.
Yes, historical transactions and balances are also requested provided upon the inception of the feed.
The historical data will automatically import when the feed begins operating. If the historical data had not automatically imported, please perform a re-request on the data feed.
Transactions and balances will be posted to the asset accounts that are linked to the data feed as per the Account Mapping.
The system can automatically match the following types of transactions provided that the debits and credits reconcile between the transactions and that the transactions are recorded within a similar date range.
Investment movements (Buys and Sells) and the corresponding Bank movement(s).
Income movements (Dividends and Distributions) and the corresponding Bank movement(s).
Any transactions which have not been automatically matched or coded by the system will need to be actioned manually.
If the Account Mapping process had not been completed when setting up the data feed within Simple Fund 360, then the system will create new accounts to allocate the data to.
If this results in duplicate asset accounts being created, please refer to our help article Wrap Feed has created duplicate accounts?
Simple Fund 360 automatically updates wrap feed distribution transactions with their respective final tax components when the annual statement is made available.
For more information, please refer to Distribution transactions and tax components.