Simple Fund 360 and Simple Invest 360 Product Update – August 2022

We are excited to announce another sensational Simple Fund 360 and Simple Invest 360 update! You can learn what’s new at our New Features Webinar on Tuesday 23 August 2022 at 11:00 AEST. Register Now >>>

Check out the full release notes and join the conversation on the BGL Community >>>

Entity Dashboard: The Entity Dashboard, which provides a complete entity overview, now includes even more information including:

• Lodgement status (SMSFs and Trusts)
• Corporate Actions status (All Entities)
• Distribution Tax Automation status (All Entities)
• SuperStream status (SMSFs only)

Reports: A new Tax Reconciliation Summary Report has been added (All entities).

Data Feeds: IOOF Group has been added to the Wrap Feed service (Learn More).

Also, the wrap provider name ‘Crestone Wealth Management Limited’ has been updated to ‘LGT Crestone Wealth Management Limited’ (Learn More).

Corporate Actions: The following takeovers have been added to Corporate Actions:

• 14/07/2022 PUS
• 19/07/2022 AGS
• 28/07/2022 PEP
• 02/08/2022 PAL

Documents: Clients can now upload documents to previous financial years.

BGL SmartDocs: The ‘Fast Bank Entry’ feature now supports Bendigo Mortgage Loan Account Statements (Learn More).

Custom Letters: The following mail merge fields have been added for custom letters:

• ESA from Fund Details
• Notes from the Fund Dashboard
• Carry Forward Capital Losses from the prior year
• Net Capital Losses carried forward later years
• Director ID
• SMSF Expert from Fund Relationships

SuperStream: The SuperStream Dashboard, which provides a global fund view to manage SuperStream requests, now displays even more information including:

• Fund Code column
• Action Required Tab – displays Action Required Funds at the member transaction level
• Filters for transaction statuses, transaction types, and outstanding days

Fund Transfer: The following enhancements have been made to the Fund Transfer function:

• Ability to export PAYG Payment Summary records
• Income Stream payments now pick up members with a Transition to Retirement Income Stream (TRIS)
• Grouping of CDBIS and Non-CDBIS accounts for members turning 60
• Improved validation messages for lodging party, member and trustee information

Reports: The pension end date has been added to the Pension Summary Report.

Entity Details: Share Trading Entities are now supported via the Entity Details screen (Learn More).

Reports: The following reports have been added:

• New Dividend Statement Report (Companies only)
• Reports to support Share Trading Entities:
  • Operating Statement for Share trading entities
  • Stock Trading Report

Want to learn more about Simple Invest 360, BGL’s end-to-end investment portfolio solution? Book a virtual meeting with BGL’s Simple Invest 360 Product Manager, Andrew Paszko – Book Meeting >>>

Plus, many more new features and improvements. Don’t forget to check out the full release notes and join the conversation on the BGL Community >>>

Previous months’ release notes can be found below:

• July (28/07/2022)
• July (07/07/2022)
• June

Check out our Resources Hub!
We provide Simple Fund 360 and Simple Invest 360 users with a myriad of resources and services which can be found in the Resources Hub. The Resources Hub provides practical stuff to help you in your Simple Fund 360 and Simple Invest 360 journey. Visit Resources Hub >>>