Support Queries
- I have a fund with a pension in opening balances. How do I record TBAR "opening balances" for the fund?
- I have an existing fund in Simple Fund 360 and no SIS balances are appearing in the member Transfer Balance Dashboard and TBAR Management screen; How do I correct these?
Solution
The above queries are resolved by recording the TBAR opening balances to a member's Transfer Balance Dashboard using the TBAR Opening Balance Wizard.
| Event Type | OB |
| Transaction Date | 01/07/20XX |
| Opening Balance | Closing balance for the pension accounts as at the opening balances, which can be viewed on the Members Statement. |
| Cap Limit | The transfer balance limit for the member. |
Lodgement
If you haven't notified the ATO of the pension balances outside of Simple Fund 360, you will need to generate and lodge a TBAR for this adjustment.