BGL adds the Company Tax Return to Simple Invest 360

By In the Media, Industry, XU MagazineNo Comments

BGL adds the Company Tax Return to Simple Invest 360

BGL Corporate Solutions, Australia’s leading provider of SMSF, investment portfolio and company compliance management software, is proud to announce the release of the electronic lodgment of the Company Tax Return in its investment portfolio software solution, Simple Invest 360.

“This is a fantastic achievement and another industry first for the Simple Invest 360 product team, and I am incredibly proud of them,” said Ron Lesh, BGL’s Managing Director.

“With the ATO’s approval, BGL clients can now prepare and electronically lodge the 2022 Company Tax Return in Simple Invest 360, streamlining their compliance workflow.”

This latest release supports the 2022 Company Annual Tax Return and associated schedules. These are populated automatically by Simple Invest 360’s CGT engine. The release also includes automatically generated reports such as a Declaration of Dividends, a Dividends Paid Minute, a Directors’ Report and a Dividend Statement.

Previously, clients would have had to manually create all the supporting documentation in MS Word or Excel. Andrew Paszko, Simple Invest 360 Product Manager at BGL, said: “Simple Invest 360 is in a class of its own, offering investment reporting, CGT tracking, shareholder register, dividend payment, full set of financials, accounting workpapers and now electronic lodgment of the Company Tax Return all in one user-friendly software.”

Simple Invest 360 is an end-to-end investment portfolio management solution for companies, individuals and trusts. It keeps track of investments, distributes profit, provides a complete set of financial reports and prepares trust and company tax returns with electronic lodgment to the ATO. Simple Invest 360 integrates with BGL’s CAS 360 and Simple Fund 360 solutions. It also provides integrated accounting workpapers, digital signing, 350+ data feeds, registry integration and BGL SmartDocs – BGL’s industry-leading paper-to-data solution.

Want to see Simple Invest 360 in action? Click here to watch a demo.

Simple Invest 360 Company Tax Return available now!

By BGL Update, Simple Invest 360No Comments

It is with great excitement that we can announce that Simple Invest 360 has just released a highly requested feature: electronic lodgment of the Company Tax return!

This new feature makes it even easier for BGL clients to prepare and lodge tax returns, and represents the latest step in our ongoing efforts to provide a comprehensive, end-to-end wealth portfolio solution.

With Trust Tax Return lodgment released earlier this year, this makes Simple Invest 360 the only accounting software on the market that has:

  • Automated data feeds for banks, brokers, wraps & security pricing
  • Automated Corporate Actions
  • Fully integrated Beneficiary / Shareholder register
  • Profit distribution for Trusts / Dividend Payment for Companies
  • Full set of financials
  • Electronic lodgment of return for both Trusts & Companies

I would like to take this opportunity to thank the Simple Invest 360 team for their hard work and dedication in developing this new feature. Their dedication and continued innovation has been inspirational and I feel extremely lucky to work with such a fantastic team.

We are confident that this new feature will be a valuable addition for BGL Clients, and we look forward to continued success in the future as there are even more exciting developments to come in 2023.

If you are interested in learning about the efficiencies and time-saving capabilities of Simple Invest 360, please reach out and I’d be happy to run through a demo with you.

Learn more about the Company Tax Return in Simple Invest 360

Want to see Simple Invest 360 in action? Click here to watch a demo.

For more information, please visit www.bglcorp.com/simple-invest-360.

BGL adds the Company Tax Return to Simple Invest 360

By Australian FinTech, In the Media, IndustryNo Comments

BGL adds the Company Tax Return to Simple Invest 360

BGL Corporate Solutions, Australia’s leading provider of SMSF, investment portfolio and company compliance management software, is proud to announce the release of the electronic lodgment of the Company Tax Return in its investment portfolio software solution, Simple Invest 360.

“This is a fantastic achievement and another industry first for the Simple Invest 360 product team, and I am incredibly proud of them,” said Ron Lesh, BGL’s Managing Director. “With the ATO’s approval, BGL clients can now prepare and electronically lodge the 2022 Company Tax Return in Simple Invest 360, streamlining their compliance workflow.”

This latest release supports the 2022 Company Annual Tax Return and associated schedules. These are populated automatically by Simple Invest 360’s CGT engine. The release also includes automatically generated reports such as a Declaration of Dividends, a Dividends Paid Minute, a Directors’ Report, and a Dividend Statement. Previously, clients would have had to manually create all the supporting documentation in MS Word or Excel.

Andrew Paszko, Simple Invest 360 Product Manager at BGL, said, “Simple Invest 360 is in a class of its own, offering investment reporting, CGT tracking, shareholder register, dividend payment, full set of financials, accounting workpapers and now electronic lodgment of the Company Tax Return all in one user-friendly software.”

Simple Invest 360 is an end-to-end investment portfolio management solution for companies, individuals, and trusts. It keeps track of investments, distributes profit, provides a complete set of financial reports and prepares trust and company tax returns with electronic lodgment to the ATO. Simple Invest 360 integrates with BGL’s CAS 360 and Simple Fund 360 solutions. It also provides integrated accounting workpapers, digital signing, 350+ data feeds, registry integration and BGL SmartDocs – BGL’s industry-leading paper-to-data solution.

Want to see Simple Invest 360 in action? Click here to watch a demo.

Holiday season office closure

By BGL UpdateNo Comments

BGL Melbourne office hours are changing…

Early closure this Friday

The BGL Melbourne office will close at 12:00 AEDT on Friday, 16 December 2022 for a BGL team event celebrating the end of 2022! No live software support services will be available at this time.

Holiday season

BGL will be closed from Monday 26 December 2022 to Friday 6 January 2022 (inclusive). No live software support services will be available during this time.

For BGL cloud software clients, you can find help in the Resources Hub. For BGL Desktop software clients, the BGL Client Centre and BGL Wiki will be available for you as usual.

Thank you!

We also want to thank all of you, our clients, for your loyalty and support this year. We truly appreciate the contribution every one of you has made to the success of BGL in 2022.

We wish you all a safe and happy festive season and a prosperous 2023!

Anyone but Daniel Andrews!

By UncategorisedOne Comment

I don’t like politicians. With most, you know when their mouths are moving they are simply lying and spinning. But Daniel Andrews is unique. He has his own cult.

But what we should really do is look at his record – and his record is crap.

So let me remind you

1. World record COVID lockdowns
2. Responsible for the deaths of 801 Victorians and forgot all about at the Coates inquiry
3. Used rubber bullets to control citizens protesting lockdowns
4. Arrested a pregnant woman in front of her children in her home for a Facebook post (and then dropped the charges 2 years later)
5. Locked children out of playgrounds
6. Locked children out of schools
7. Stopped Victorians returning home from interstate
8. Imposed ridiculous mask mandates – even wearing a mask when outside by yourself.
9. Largest state debt of any Australian states – bigger than NSW, Qld and Tas added together.
10. Highest taxes of all Australian states – payroll tax and land tax are just mind boggling
11. Subject of numerous IBAC inquires – how many ? Don’t know how many because it all secret
12. Destroyed the Victorian hospital system
13. Destroyed the 000 emergency call service
14. Destroyed the City of Melbourne
15, Provided a sweetheart deal for fire fighters destroying the CFA
16. Refused to build a road and cost Victoria $1,2b dollars
17. Employed 100 people at taxpayer cost to run his twitter account
18. Created a public service employed on woke not skills
19. Supported the second most incompetent inexperienced Chief Health Officer (only Queensland did better and they disposed of thier’s
20. Signed up to the Chinese Belt and Road Program directly against the advice of Australian security services
21. Banned gas exploration contributing substantially to high gas and electricity prices
22. Introduced employer manslaughter laws that his mats would not apply to him
23. Complicit in Labor red shirts scandal
24. Complicit in Labor party branch stacking
25. Removed 70+ level crossings – shame this was billions over budget and usually not in Liberal electorates.
26. Presided over the most corrupt government in the history of Victoria

Should you support a person with the character of Daniel Andrews ?

This is the question every Victorian must ask him or herself – is this the type of person you want to reward ?

Let me also remind you about Dan’s useful idiots who sold out the people of Victoria time and time again. Fiona Patten, Andy Meddick, Rod Barton and The Greens. Put these people last on your Upper House Voting Paper especially Rod Barton who sold out Victorian’s with the new pandemic bill. We need people with integrity in the Upper House – not these clowns.

So, I’m not saying vote Liberal. I have little time for the non Liberal woke Matthew Guy. But what I am saying is:

  • don’t vote Labor
  • don’t vote for useful idiots. and
  • don’t vote for Daniel Andrews