BGL proudly announces record-breaking registrations for the upcoming BGL REGTECH 2024 roadshow.
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We’re excited to share the latest Simple Fund 360 and Simple Invest 360 updates!
What's New?
Oxygen SMSF Loans Integration
Oxygen SMSF Loans, a specialist SMSF mortgage lender with some of the lowest-rate SMSF loans in the market, now integrates with Simple Fund 360 via BGL’s open API. This integration provides instant insights into how much a client can afford for property investments. Learn More
2024 SMSF Annual Return
The 2024 SMSF Annual Return can now be exported to Xero Tax via their API. This feature is exclusively available in Simple Fund 360. Learn More
2024 Audit Workpapers
For SMSF Auditors who do not use specialised audit software, Simple Fund 360 enables the printing of prefilled workpaper templates and reports. This feature is exclusively available in Simple Fund 360. Learn More
In-Person Digital Signing
DocuSign’s in-person signing feature is now available. When meeting with a client in person, use in-person signing to simplify the signing process and keep documents digital. This can be done on portable devices like iPads or computers. Learn More
New Report:
Trust Income Schedule Reconciliation report for Trusts and Companies has been added. This feature is exclusively available in Simple Invest 360. Learn More
Reversing Journals
General ledger journal transactions can now be automatically reversed on a future date, with the same accounts but debits and credits reversed. This can be actioned:
- At the time of posting the transaction, by including a reversal journal at a future date.
- By editing any general ledger journal transaction and posting a reversal journal at a future date.
This feature is exclusively available in Simple Invest 360. Learn More
Corporate Actions
Improvements to Corporate Actions now allow the processing of Donation or Refunds within Dividend / Distribution Reinvestment Plans (DRP) and Share Purchase Plans. Learn More
BGL SmartDocs
BGL SmartDocs’ AI extraction capabilities have been updated to support a wider variety of dividend statements. Consequently, more dividend files are expected to be automatically attached to cleared transactions upon file upload. Learn More
Plus, many more new features and improvements.
Stay tuned for future releases!
Jeevan Tokhi
General Manager of Product – Simple Fund 360, Simple Invest 360 and BGL SmartDocs 360
E: [email protected] | P: 1300 654 401
Connect with me on LinkedIn
We’re excited to share the latest Simple Fund 360 and Simple Invest 360 updates, which include the 2024 SMSF tax time update!
What's New?
2024 SMSF Tax Time Updates
2024 SMSF Annual Return User Interface and PDFs: The ATO did not change the 2024 SMSF Annual Return. This release supports the new return, including for funds that have been wound up. The new Trust Income Schedule is included in this release.
New ATO Trust Income Schedule: From the 2024 income year, SMSFs receiving 1 or more distributions from trusts (including ETFs, managed funds, and stapled securities) must complete and attach a Trust Income Schedule to the SMSF Annual Return. Learn More
2024 Financial Year Wind-Ups: Wind-ups for the 2024 financial year will now print the 2024 PDF. Learn More
Lodgement Screen Update: The lodgement screen chart has been updated for 2024. Learn More
Digital Signing: Digital signing is now enabled for the 2024 SMSF Annual Return and schedules. Learn More
Fund Transfers: Support has been added for 2024 tax changes related to fund transfers. Learn More
2024 Trust Income Schedule: To accommodate the Trust Income Schedule requirements effective from the 2024 financial year, new tax component fields have been added in the following areas:
The above 2024 SMSF tax time updates are exclusively available in Simple Fund 360.
Mortgage Advice Bureau Integration
Mortgage Advice Bureau (MAB) has been added as an External Service Provider for SMSF lending solutions. Learn More
Opteon Integration
Opteon has been added as an External Service Provider for property valuations, tax depreciation schedules, insurance assessments, rental assessments and quantity surveying. Learn More
Investment Security List
The ability to add an ABN or ACN for a security has been added. This information will be used in the Trust Income Schedule. Learn More
Family Trust Election
A Family Trust Election form can now be prepared and lodged for trusts. Learn More
This feature is exclusively available in Simple Invest 360.
Plus, many more new features and improvements.
Stay tuned for future releases!
Jeevan Tokhi
General Manager of Product – Simple Fund 360, Simple Invest 360 and BGL SmartDocs 360
E: [email protected] | P: 1300 654 401
Connect with me on LinkedIn
BGL is proud to offer free corporate compliance training for ASIC registered agents, accountants and administrators.
“We’re excited to offer this free live training course to help those new to a company secretary role find their feet in a complex and ever-changing compliance landscape,” said Ron Lesh, BGL’s Managing Director. “BGL has over 30 years of experience in the corporate compliance space and has developed this course to share its knowledge and expertise with the community and help pave the way for the next generation of company secretaries and administrators”.
Warren Renden, Head of CAS 360 at BGL, said: “We developed CAS 360 to be the complete tool for managing company compliance requirements. This new training course will give participants an overview of company secretary duties, so they may better grasp their roles and responsibilities.”
BGL’s Company Secretary 101: A Beginner’s Guide live online training course is ideal for new ASIC registered agents, accountants and administrators or those wanting to refresh their skills and will provide attendees with an understanding of the core duties, legal responsibilities, tasks and activities of a company secretary. The course is complimentary for all and provides attendees with 2 CPD hours.
A company secretary has an essential role in governing and monitoring how a company operates to ensure the company is compliant with Australian corporate law. It involves maintaining a registered office and reporting any changes for the company to ASIC. Because of this critical role, a company secretary is subject to several legal obligations and duties.
To learn more about BGL’s Company Secretary 101: A Beginner’s Guide live online training course or to register, visit www.bglcorp.com/company-secretary-course.
Today I turn 24 years of age at BGL!
Yes, more than 1/2 of my life! And I wouldn’t have it any other way.
As I reflect on my time, I would like to share with you my 24 lessons for 24 years.
To my BGL family members, clients, community + friends, I celebrate you today.
Excited by that which is ahead.
24 lessons for 24 years
BGL is proud to announce integration with A.S.A.P. Actuarial, an industry leader in digital advice for SMSFs.This new integration provides BGL clients the ability to request an Actuarial Certificate directly from A.S.A.P using Simple Fund 360’s Actuarial Wizard.
The Financial Adviser Standards and Ethics Authority (‘FASEA’) have finalised a continuing professional development (‘CPD’) standard legislative instrument (Corporations (Relevant Providers Continuing Professional Development Standard) Determination 2018).
Facilitating and hosting substantive conversations about health and wellbeing in the workplace brings about real change to a business’ bottom line.
An online trading platform which pitches itself as a “dynamic, always-on social investment network of like-minded investors” has announced a $7.5 million initial public offering.
Online share trading platform and investment community Selfwealth has pushed the button on its initial public offering as it looks to expand its suite of offerings and position itself as the Facebook of investing.
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