Badges: Based on client feedback, the Badges screen has been improved with a new layout which provides more effective grouping and a more intuitive and enjoyable user experience. Learn More
Reports: A new Investment Unit Price Report provides users with data on whether the unit price is a system price or has been manually entered. The report also helps users find an asset’s latest market value within the relevant financial year or the last known price if the previous update was before the financial year’s end. Learn More
Corporate Actions: 4 new mergers and 1 share split have been added to Corporate Actions.
Data Feed Management: The Feed Management screen now includes a new ‘Expiring Soon’ status for data feed provider credentials that expire annually. Learn More
BGL SmartDocs – Rental Statement Integration: Using BGL’s AI-powered document reader BGL SmartDocs, clients can now upload rental statements and have the data automatically coded to the correct rental income and expense accounts. Learn More
BGL SmartDocs: PDF files uploaded via BGL SmartDocs to Simple Fund 360 and Simple Invest 360 will now automatically attach to the relevant transactions on the Smart Matching screen, with the transaction data completed automatically from the document. The SD (SmartDocs) icon displayed beside these transactions on the Smart Matching Screen helps users identify the relevant transactions. This feature currently supports Contract Notes, Dividend Statements, Water Bills, Invoices and Receipts, with more document types to come.
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TBAR Management: With the General Transfer Balance Cap increasing to $1.9 million from 1 July 2023, clients can now generate a CSV report to assess the impact of this change on their client base. Learn More
Contribution Splitting: The Contribution Splitting Form, allowing members to split their concessional contributions with their spouse, has been updated to the latest ATO format. Learn More
Downsizer Contributions: In line with legislative changes, the eligible age for downsizer contributions has been reduced to 55 years as of 1 January 2023. Learn More
BGL API: Clients using BGL’s free, open API will be able to receive details about their individual and pension details, including preservation components, via a new Pension Commencement endpoint. Learn More
Workpapers: Clients now have the option to lock Workpapers after completion. Additionally, new user permissions for locking Workpapers have been added, with Admin and Account Owners having default access to this feature. Learn More
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Annual Tax Statement: The Annual Tax Statement Report now shows appropriate tax labels depending on the entity type.
Dividend and Interest Schedule: Beneficial Owner is now supported by the Dividend and Interest Schedule check.
Beneficiaries: Beneficiaries now have Assessment Code 11. Furthermore, the Beneficiary screen’s age logic has been updated to show the age as of 30 June for the current financial year.
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 Monday, 3 April 2023, at 12:00 AEST. Register Now!
Plus, many more new features and improvements. Remember to check out the full release notes and join the conversation in the BGL Community. Links to previous update release notes are below:
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