Will tax data be uploaded through BT Panorama Wrap into Simple Fund 360?
At this stage franked, unfranked and imputation credit amounts are feeding through BT Panorama Wrap into Simple Fund 360. Additional mid year and year end tax data such as tax deferred, capital gains and other income is not automatically feeding through. This information can be input by the user or through a re-request of BT Panorama Wrap transactions post 30 June. These two options are outlined further below.
Note: This re-request will not duplicate original uploaded data.
Manually input tax information after receiving distribution statement (Refer to How to Enter a Distribution for more information.)
To record additional tax information at year end for existing distributions, you have two options:
A) Edit the existing distributions in the Transaction list and input the tax information in the More Details panel;
B) At 30 June, record a new bank statement transaction (inputting $0 in both the bank (DR) and distribution (CR) fields) and input the additional tax information in the More Details panel. This will leave the ledger balance unchanged, but allow you to add in the additional tax information without having to edit existing transactions.
Perform a BT Panorama Wrap re-request post 30 June
Alternatively users can re-request transactions after 30 June and BT Panorama will load the additional tax information into the More Details Panel for all 23800/INVESTCODE transactions. Before completing the re-request any 23800/INVESTCODE transactions (distributions) uploaded through BT Panorama Wrap for the respective financial year will need to be removed in the Transaction List. Refer to the Transaction Filter for assistance in locating BT Panorama Wrap distribution transactions. The re-request is then performed as follows in the BT Panorama Wrap screen:
- From within the Wraps and Platforms Global tab, select the fund(s) to complete the re-request for.
- Select the Re-request transactions button that has appeared at the top of the screen.
- From the Re-Request Transactions screen, input the dates Do Not Load Before (earliest import date) and Do Not Load After (last import date). Transactions within this date range will be requested and imported from BT Panorama.
- Select Import.