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We are excited to announce the latest update for Simple Fund 360 and Simple Invest 360!
We are excited to announce the latest update for Simple Fund 360 and Simple Invest 360!
BGL is proud to announce the release of Annual Tax Statement automation using BGL SmartDocs in Simple Fund 360 and Simple Invest 360.
We are excited to announce the latest CAS 360 update!
“We’re thrilled to introduce the Division 7A loan manager in Simple Invest 360,” said Ron Lesh, BGL’s Managing Director. “This feature equips BGL clients with cutting-edge tools to help them tackle the complexities of Division 7A loans, a fundamental component of contemporary accounting management that affects trusts and companies.”
Andrew Paszko, Simple Invest 360 Product Manager at BGL, said: “The Division 7A feature is the result of feedback from clients on the challenges faced by businesses dealing with Division 7A loans. This feature will not only calculate the minimum repayments and interest payments but will then post the journals for these payments to the ledger. These transactions can be posted for both companies as the lender as well as a trust or shareholders as the borrower.”
“Our Division 7A feature goes beyond traditional financial management software,” added Lesh. “With its integrated capabilities, users can easily reconcile ledger balances, ensuring financial accuracy and compliance. But what truly sets this feature apart is its seamless integration with dividend payments. We understand the common practice of offsetting minimum repayments, and our feature is designed to accommodate this efficiently.”
The Division 7A feature introduces a global entity view to Simple Invest 360, providing a comprehensive overview of Division 7A balances across entities and simplifying monitoring processes. Additionally, the feature offers clear differentiation between secured and unsecured loans, catering for varying loan terms. The intuitive user interface allows easy access to loan worksheets, ledger balances and documents linked to loans, streamlining the process of posting journals for dividends and interest and ensuring a cohesive and integrated workflow.
BGL is proud to celebrate the resounding success of its BGL REGTECH 2023 event, which drew 22 sponsors and 1,300 clients and prospects across 6 locations.
We are excited to announce the latest CAS 360 update!
BGL is proud to announce the launch of its client identity verification solution, BGLiD.
BGL is proud to announce its partnership with FuseSign, a cutting-edge digital signing provider, has reached a significant milestone.
BGL is proud to announce the BETA release of its AI powered paper-to-data software solution, BGL SmartDocs 360.
BGL is proud to announce the promotion of Nadine Freitag to Head of People and Culture.
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