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BGL Update

BGL Simple Fund 360 now supports SBR2 for BAS and IAS lodgement

By BGL Update, Simple Fund 360No Comments

BGL Simple Fund 360 now supports SBR2 for BAS and IAS lodgement

If you’re an accounting firm or SMSF trustee lodging Business Activity Statements or Instalment Activity Statements through BGL Simple Fund 360, an important update has arrived, and it’s one worth knowing about.

BGL has updated BGL Simple Fund 360 to support the ATO’s transition from SBR1 to SBR2, bringing meaningful improvements to the way activity statements are prepared, lodged and amended. Here’s what’s changed and what it means for your practice:

What are BAS and IAS?

Business Activity Statements and Instalment Activity Statements are forms used by SMSFs, trusts and companies to report GST obligations or PAYG instalments to the ATO. While essential for many entities, the current system has long-standing limitations, particularly around amendment functionality and the range of available form types.

What is SBR2?

Standard Business Reporting (SBR) is the technology that enables accounting software to communicate directly with the ATO. SBSR2 is the next generation of this framework, offering improved security, reliability and performance over its predecessor.

What’s changed in BGL Simple Fund 360?

The ATO’s move from SBR1 to SBR2 gives BGL the opportunity to address both. The update delivers a modernised user interface, streamlined navigation and nine new form types. Most significantly, it introduces the ability to amend lodgements directly within BGL Simple Fund 360, which was not previously possible and is a feature accounting firms have been waiting for.

Standard Business Reporting (SBR) is the technology that enables accounting software to communicate directly with the ATO. SBR2 is the next generation of this framework, offering improved security, reliability and performance over its predecessor.

What does BGL say?

“The ATO’s transition to SBR2 is one of the most major changes to digital reporting infrastructure in recent years”, said Daniel Tramontana, Chief Executive Officer at BGL. “We’re excited to be delivering long-awaited improvements for our professionals using our software so they can be confident their lodgement workflows will continue without disruption.”

“This update is about more than infrastructure; it’s about removing that friction for our clients,” said Jeevan Tokhi, Chief Product Officer at BGL. “The ability to amend lodgements directly within BGL Simple Fund 360 is something we’ve wanted to deliver for a long time, and the move to SBR2 makes that possible. The team has put a lot of work into making sure the transition is seamless, so firms can keep doing what they do without missing a beat.”

Getting started

The update is live now in BGL Simple Fund 360. For full details on the new workflow and how to get started, head to our learning channel or reach out to our support team.

For more information, please visit http://www.bglcorp.com/simple-fund-360.

BGL helps firms prepare for regulatory change with BGL Education Month

By BGL UpdateNo Comments

BGL helps firms prepare for regulatory change with BGL Education Month

BGL is helping accounting and SMSF firms prepare for sweeping regulatory changes with the announcement of BGL Education Month, a free four-week series of live webinars.

Running from 5 – 30 October 2026, the sessions will provide help for a number of important compliance changes, including the Payday Super, Division 296 and AUSTRAC AML/CTF obligations. Each week is built around a different BGL product and a set of challenges, offering firms practical, session-by-session guidance rather than a generic overview.

The four weekly sessions are:

  • Week 1 (5 – 10 Oct): BGL Firm Verify and CAS 360 (International)
  • Week 2 (12 – 16 Oct): Simple Fund 360
  • Week 3 (19 – 23 Oct): Simple Invest 360
  • Week 4 (26 – 30 Oct): CAS 360 

“With so many regulatory changes at one time, we wanted to give the industry something practical rather than just regular webinars” said Norman Michael, Product Education Manager at BGL. “Education Month is about helping firms walk away from each session with something they can immediately apply in their business.”

Jeevan Tokhi, Chief Product Officer at BGL said “The BGL Suite represents years of work from our team and Education Month is the perfect opportunity to show firms how much time our products can give back to them. Every feature we cover in these sessions only exists because clients have told us their manual process was costing hours they didn’t have.”

All sessions are free, delivered live online and run for 30-minutes. Firms unable to attend live can register to receive access to all recordings.

For more information, please visit: https://www.bglcorp.com/education/

BGL REGTECH 2026 concludes with record attendees

By BGL UpdateNo Comments

BGL celebrated the close of BGL REGTECH 2026 last week, its premier annual accounting and technology roadshow that brings together accountants and advisers across Australia.

BGL REGTECH brought together 2,000+ professionals in six Australian cities through August 2026 for a half-day experience packed with product announcements, industry insight and genuine connection. From Perth to Brisbane to Melbourne, the roadshow united the accounting, advisory and the SMSF community at a time of significant regulatory and technological change. 

This year’s event, rated 4.54/5 stars by attendees, featured sessions from BGL’s leadership team, including Founder Ron Lesh, Chief Executive Officer Daniel Tramontana and Chief Product Officer Jeevan Tokhi, alongside industry experts Peter Moore, Head of Advisory and M&A at Ashfords and Lielette Calleja, Director at businessDEPOT. Together, they tackled the future of advisory, the role of AI in the accounting profession and the evolving regulatory landscape shaping practices across Australia.

“BGL REGTECH 2026 was everything we hoped it would be and more” said Daniel Tramontana, Chief Executive Officer at BGL. “To everyone who attended, thank you for showing up and being part of the conversations that matter. To our speakers, thank you for bringing your expertise and generosity to every room. To our sponsors and partners, your continued support is what makes this event possible year after year.”

BGL REGTECH 2026 welcomed an outstanding lineup of 30 sponsors and partners, including Diamond Sponsor Xero, Platinum Sponsors The Access Group and Macquarie, as well as Gold, Silver, Bronze, Coffee and Media sponsors from across our ecosystem. Their presence on the expo floor gave attendees direct access to the tools and teams shaping the future of accounting technology in Australia.

This year also marked the return of the BGL Online Summit, a free series of exclusive webinars hosted in partnership with XU Magazine and leading ecosystem partners, including Xero, Act2, FuseSign, ASF Audits, The Gap, Bell Financial, Karbon and Registry Direct. Running for two weeks in July and August, the BGL Online Summit extended the conversation beyond the roadshow, giving professionals across Australia the flexibility to engage with the industry from wherever they are.

“This time of year is always a highlight for our team” said Jeevan Tokhi, Chief Product Officer at BGL. “Seeing the energy in the room when we share what we have been building and what is coming next is incredibly motivating. The curiosity and enthusiasm from attendees this year pushed us to keep raising the bar and we are already excited about what we are working on.”

BGL thanks our clients, partners, speakers and attendees who made BGL REGTECH 2026 a sensational event for the community. We look forward to seeing everyone again in 2027.

BGL REGTECH 26 Online Summit kicks off next week

By BGL UpdateNo Comments

BGL announces that BGL REGTECH 26 Online Summit kicks off next week with leading ecosystem partners.

BGL Online Summit is a free series of exclusive webinars that brings together BGL and leading ecosystem partners to share practical insights across the accounting and REGTECH industries.

Running from 21 July 2026  to 5 August 2026, featuring practical sessions hosted in partnership with some of the industry’s most recognised technology providers, including Act2, ASF Audits, Bell Financial, FuseSign, Karbon, Registry Direct, The Gap and Xero.

Each session focuses on how leading tools and platforms are applied in practice, from compliance and workflow automation to client management and beyond. Sessions run for 45 minutes and are completely free to attend, giving professionals across accounting and advisory a practical, accessible way to stay connected to what’s changing in the industry.

Topics across the series span AI-powered audit and practice management, registry and compliance integration, equities portfolio construction for advisers, e-signature workflows and how firms can become trusted advisers in an increasingly automated landscape.

“The industry is moving fast and firms are making real decisions on how they operate” said Daniel Tramontana, Chief Executive Officer, BGL. “The BGL REGTECH 26 Online Summit gives professionals immediate access to the people and platforms helping firms stay ahead.”

The Online Summit is proudly brought to BGL’s community by Xu Magazine.

Sessions running this week and beyond:

  • 21 July 2026, 10:00 – 10:45 AEST | Registry Direct x BGL | Register Now
    Full-circle registry compliance with Registry Direct, BGL CAS 360 and Xero
  • 22 July 2026, 10:00 – 10:45 AEST | ASF Audits x BGL | Register Now
    The Future of SMSF Auditing: AI, Automation and BGL Integration with ASF Audits
  • 23 July 2026, 10:00 – 10:45 AEST | The Gap x BGL  | Register Now
    Beyond Compliance: Using AI to Become the Trusted Advisor Your Clients Actually Need
  • 28 July 2026, 10:00 – 10:45 AEST | Bell Financial x BGL | Register Now
    Equities Portfolio Construction Strategies for Advisers 
  • 30 July 2026, 10:00 – 10:45 AEST | FuseSign x BGL | Register Now
    Stop Chasing Signatures: How BGL x FuseSign Simplifies Compliance
  • 3 August 2026, 10:00 – 10:45 AEST | Karbon x BGL | Register Now
    The future of accounting practice management: Exploring Karbon’s AI-powered Platform
  • 4 August 2026, 10:00 – 10:45 AEST | Act2 x BGL | Register Now
    Exploring how pensions don’t solve everything with Act2
  • 5 August 2026, 10:00 – 10:45 AEST | Xero x BGL | Register Now
    Xero Partner Hub as the central, connected practice experience 

All sessions are free to attend. Register now at https://www.bglcorp.com/online-summit/

BGL receives 23rd Australian Achiever Award for customer service

By BGL Update, CultureNo Comments

BGL is proud to announce it has again been recognised by the Australian Achiever Awards with a Highly Recommended customer service rating.

Judging for the Australian Achiever Awards Information and Communications Technology Services category was completed on 18 May 2026. The results are based entirely on customer feedback and evaluated across eight key criteria: time efficiency, addressing client needs, care, value, attitude, communication, overall perception and likelihood of referral.

BGL achieved an impressive customer satisfaction rating of over 90%, clearly reflecting the strength of its client relationships and unwavering commitment to service excellence.

“We’re proud to receive our 23rd Australian Achiever Award”, said Daniel Tramontana, Chief Executive Officer at BGL “This is an incredible achievement and one we don’t take for granted, as our clients are at the heart of everything we do. This recognition is a testament to the passion and dedication of every person at BGL”.

Here’s what BGL clients had to say:

  • “They are prompt, courteous and always very polite in their communication. BGL consistently provides resolutions quickly and always goes above and beyond to find a solution”.
  • “I have been a client for many years and have seen the business evolve significantly over time. Their software improvements have made communication with our clients much easier and they continue to stay up to date with technology and AI integration”.
  • “They are incredibly diligent whenever we contact any staff member”.

“We’re incredibly proud of this result and grateful to every client who took the time to share their feedback” continued Tramontana. “We don’t just build software, we strive to build lasting relationships and that’s what continues to set us apart.”

For more information, please visit www.bglcorp.com.