Activity Statements (closed beta) - This release introduces a complete redesign of the BAS/IAS area to make preparing and managing activity statements more intuitive and efficient for users. Key improvements include:
Modernised BAS/IAS experience: The interface has been redesigned to provide a cleaner layout, improved navigation, and a more streamlined workflow when preparing and lodging BAS and IAS forms.
Support for nine additional forms: Users can now prepare and manage nine new BAS/IAS form types directly within the platform, expanding coverage for different reporting and lodgement requirements.
Amendment functionality: Users can now create and process amendments to previously lodged BAS/IAS forms, making it easier to correct or update submitted information without relying on external workarounds.
Tax Compliance - New SMSF Return User Interface- A redesigned SMSF Annual Return Tax Compliance interface delivers a more streamlined experience for preparing tax returns, with improved navigation, cleaner layouts, and enhanced usability across all sections. Additional functions added in this redesign include:
Amendments - Ability to prepare and lodge amendments where the original return wasn't lodged via Simple Fund 360.
Show Last FY Comparison - A new ‘Show Last FY Comparison’ option has been added, allowing users to compare current year values against the previous financial year during preparation and review.
Simple Fund 360 Certification Course - 2026 A new certification course has been added to the Learning Channel. This short assessment course allows users to test their knowledge of Simple Fund 360, with successful participants receiving a certificate recognising their knowledge
Contribution Dashboard- Concessional and Non-Concessional contribution caps added for 2027 Financial Year.
Foreign Currency Exchange Rate: Enhanced foreign currency transaction conversion to AUD by utilising exchange rates provided within the data feed file.
Income Tax Date: Enhanced the extraction of income transaction tax dates to support more accurate tax reporting.
Share Data License - Enhanced Share Data Pack license validation to ensure firms with sufficient licenses can continue to set up Contract Notes, including firms with historical desktop fund records.
Swyftx Feed - Enhanced UI error messaging to provide clearer validation errors returned during API Key verification.
Member Allocation Worksheet - A new Updated Balance column has been added to the Member Allocation Worksheet for each member and reserve account. The balance dynamically recalculates as profit, tax, and PDIT amounts are adjusted, providing a real-time view of final member positions.
Reports - New Income Streaming Summary Report to help users to understand how the profit available for distribution is calculated - Simple Invest 360 only.
SMSF Annual Return - Member Date of Birth Enhanced Privacy - The Enhanced Privacy role setting is now applied to Member Date of Birth in the SMSF Annual Return, ensuring the date of birth is correctly hidden for users without the appropriate access level.
Create Entries Alerts - Alert Message - Fixed an issue where the ‘Transactions have either been added or modified’ alert message was incorrectly displayed when the Member Worksheet was used during Create Entries.
Create Entries Alerts - Incorrect Date - Fixed an issue where Create Entries Alerts displayed incorrect dates for transactions with missing security prices. Alerts will now correctly display the segment end date instead of defaulting to 30/06/20xx.
Create Entries Alerts- Report Mismatch - Fixed an issue where the Create Entries Alert report was only showing warnings for the first segment end date when a fund has multiple segments with missing prices.
Data Feeds- Macquarie Cash ESI - The Macquarie Cash ESI feed status will now only update to ‘Feed Operating’ after balance or transaction data has been successfully imported, ensuring the status accurately reflects active data delivery.
Data Feeds- North - Enhanced handling of North’s Term Deposit feed changes. Term Deposits under the same institution, but with different interest rates or maturity terms, are now provided separately in the feed by North. To minimise impact on existing data and reporting, BGL’s data feed logic will continue to report these Term Deposits as a single line item. Holding ID for each term deposit will be displayed in the Balance Review screen for improved visibility and reconciliation.
Data Feeds- Open Banking - Fixed an issue where transactions were duplicated.
Data Feeds- Praemium Data Feeds - Fixed an issue where the income component “Interest exempt from NRWT” was incorrectly mapped as Foreign Assessable Income.
Fund Transfer Screen - Fixed an issue where the Data Feed Service Task ‘Buy Now’ button was showing incorrectly in the Fund Transfer screen.
Income - Other Income Section - Fixed an issue where investment income was not appearing in the Other Income section of reports when a control account in one fund was linked to an investment account in another fund.
Period Compliance - Users will receive a warning if Beneficiaries not entitled is greater than zero - Simple Invest 360 only.
TBAR Management - Fixed an issue where the TBAR Management screen allowed selection of funds the user does not have access to.
Trust Period Compliance - A warning now appears and amounts are highlighted in red when the ‘Beneficiaries not entitled’ row is non-zero in the Distribute Profit tab, prompting accountants to confirm before posting.
ASX Dividends Auto Matching - Fixed a calculation error where partially franked dividends (e.g. TLS.AX dividend payable 27/03/2026) were incorrectly calculated when the system automatically matched and populated the franked amount and franking credits.
Insights Dashboard - updated Excel/CSV exports so the “Member TSB (Across funds) as at 30/06/2025” column now displays large values as full readable numbers instead of scientific notation.
