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

Here comes another sensational Simple Fund 360 and Simple Invest 360 update! You can check out the full release notes and join the conversation in the BGL Community

What's New?

Corporate Actions: The 3-for-1 Share Split for NDAQ.NDQ has been added to Corporate Actions. The following mergers have also been added: 

  • KYK.AX
  • MOQ.AX

Bank Feeds: NAB WealthHub (BSB 083052) is no longer supported via the bank statement retrieval service BankStatements.com.au. 

Wraps and Platforms: The ‘Link Holding Accounts to Feed’ function now triggers the re-allocation of bank and investment balances when the wrap feed’s holding accounts are relinked from one chart code to another.

Securities: Unlisted Unit Trusts with security prices in foreign currencies will now be automatically converted into Australian dollars 

Contacts: A new bulk change function has been added to change the Accountant or Auditor for multiple or all entities simultaneously. Learn More

Entity Setup: The option to assign a lodging party in Entity Setup has been added. 

Documents: Documents that failed to be sent for digital signing will now display the status: ‘Sending Failed’. A “Financial Year” tag is now available for digitally signed reports.

Reports: Clients can save the report date at either the fund/portfolio badge or badge level. New variables have also been added to custom letters.

Exclusive to Simple Fund 360

BGL's SMSF administration software solution

Re-contribution of COVID-19: COVID-19 re-contribution fields are now available under ‘More Details’ for Contribution Transactions (Account 24200/MemberCode) and will display in the Contribution Dashboard and Reports. Clients can also prepare a COVID-19 re-contribution CSV file that can be used to lodge to the ATO via online services for agents. Learn More

Exclusive to Simple Invest 360

BGL's investment portfolio management software solution

Company Tax Return: Clients can now prepare and electronically lodge the 2022 Company Annual Tax Return and associated schedules in Simple Invest 360. Learn More

Share Trading Entities: Clients can now choose the stock valuation method for Share Trading entities.

Compliance: The Trust and Company Tax Return can be validated when the “Section G” date is empty. The business entity industry code selection in the Tax Return will auto-populate.  

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 Tuesday, 13 December 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.

Links to previous update release notes are 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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