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Simple Fund 360 and Simple Invest 360 Product Update – September 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, 25 October 2022 at 11:00 AEDT. Register Now!

Check out the full release notes and join the conversation in the BGL Community.

What's New?

Digital Surge Integration: Simple Fund 360 and Simple Invest 360 now integrate with Digital Surge to automate cryptocurrency trading data. Learn More

Documents Beta: Clients can now easily track the workflow of digitally signed documents within the new Documents screen in Simple Fund 360 and Simple Invest 360.  

Year-End Distribution Accruals: Clients can now post year-end distribution accruals from the Distribution Tax Automation screen in Simple Fund 360 and Simple Invest 360. 

Exclusive to Simple Fund 360

BGL's SMSF administration software solution

PAYG Payment Summary: PAYG Payment Summary amendments can now be prepared and electronically lodged with the ATO from within Simple Fund 360. Simple Fund 360 can now also calculate the PAYG tax offset amount for pension payments. Learn More

Global Search: Quick links for the new PAYG Payment Summary (Beta) screen will now display when searching ‘PAYG’ in Simple Fund 360’s Global Search. 

SuperStream: The Rollover/Release authority report will now display the relevant financial year of the release authority. 

Exclusive to Simple Invest 360

BGL's investment portfolio management software solution

New Report: A new audit report is available to prepare for not-for-profit entities. Learn More

Notes to the Financial Statements: Entities can now choose which sub-headings to display under Note 1 when preparing the Notes to the Financial Statements. Learn More

Trust Tax Return: The Trust Tax Return pre-fill has been improved to better handle phone numbers with special characters. The error message description for ATO Validation Error SBR.GEN.AUTH.006 has also been improved. Learn More

Statement of Taxable Income: Improvements have been made to the ‘Other Income Reconciliation Adjustment’ in the Statement of Taxable Income screen for trusts. Learn More

Reports: Improvements have been made to the following reports:

  • Declaration of Distribution Report for Unit trusts 
  • Trustee Minutes and Resolutions for part-year distributions

Global Search: Quick links for the new Reports screen will now appear when searching ‘reports’ in Simple Invest 360’s Global Search. 

Smart Matching: Clients can now enter more details for the 49550 – Dividends Paid and 49560 – Unallocated Dividends accounts.

Want to learn more about BGL’s end-to-end investment portfolio solution, Simple Invest 360? Attend our live Discovery Webinar with Simple Invest 360 Product Manager, Andrew Paszko on Wednesday 5 October 2022 at 11:00 AEDT. Register Now

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

Previous months’ release notes can be found below:

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 >>>

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