Asf audits is a leading independent smsf auditor with a team of highly skilled and specialised smsf auditors. Bgl is australias leading developer of smsf administration and asic corporate compliance software solutions. By saving valuable time and resources, you will be able to focus on your client relationships, offer new services and ultimately become more competitive. Learn more about the features of mclowds free smsf software. Tower two international towers 200 barangaroo avenue barangaroo nsw 2000 australia. Self managed superannuation funds smsf accounting software. In saying that we do recommend setting up a trial of the program and sitting down with an accountant to ensure. Back in late 2012 i wrote about mclowd, the free smsf accounting tool at the time mclowd was a relatively new entrant, and the software was in public beta. An accounting software connection is available where an accountant has been registered with bt panorama and linked to an smsf s bt panorama account. Accounting software product for smsf and trust myob. To my knowledge myob doesnt provide a product directly for smsf or trusts. Supermate smsf software for accountants superconcepts.
Due to the high cost of ownership of mysf and bgl simple fund i use and can only recommend gnucash update 7 nov 12 free smsf software package from mclowd that will help drive down most of the associated costs with running a self managed super fund. But it has allowed us to transition to a cloud business and help accountants evolve alongside technology. At present, varieties of software are available for smsf accounting outsourcing for an australian accounting. Software provider bgl has released a new tool to automate the processing of investment distribution data for annual smsf tax statements. Moving to cloudbased smsf software comes with a cost. Bgl first to release software for 2019 smsf annual return. However, if trustee prefers to do their own accounting, it is still good practice to include a member statement in the financials. The new software includes the 2019 smsf annual tax return, all the required supporting schedules and electronic lodgement through the atos practitioner lodgement system pls. The following guide describes how to activate the connection for linked accountants who use bgl simple fund 360 software to administer the smsf. Its cloud and desktop software is used by 70% of smsfs.
Software company bgl corporate solutions released its cloud program simple fund 360 for selfmanaged superannuation fund smsf administrators into open beta last week bgl, which claimed 75 percent of the 500,000 smsf funds in australia used its desktop software, had clients with 50,000 funds had already moved to simple fund 360, which was available free of charge in the open. Simple fund 360 fundamentals live webinar recording bgl. Simple fund 360 is an intelligent, cloudbased smsf software for accountants to efficiently manage the compliance and administration of selfmanaged superannuation funds. You will only be charged if you upgrade to the pro version, or otherwise consume premium features third party products. Oct 16, 2019 the bgl client success team host free, monthly webinars designed for you to gain the most from your new simple fund 360 smsf software. Arrange smsf audit services from independent auditors at fixed fee. Trustees can now stop paying for smsf accounting software and step away from traditional, highcost service providers. Jul 16, 2012 the tools accountants use to administer these funds, smsf management software, have also been shaken up by the move to the cloud and there are some parallels with the accounting software market.
Mclowds free smsf software allows you to track all your contributions, investments, income and expenses, and easily report on various aspects of your selfmanaged super fund. Bgl bank data service simple fund 360 smsf administration. The software formed the basis for bgl s very first compliance product. Smsf accounting archives bgl corporate solutions pty ltd. Esat is pretty useless from a storage and information point of view. Bgl suite 2, 606608 hawthorn road, brighton east, victoria 3187 rated 5 based.
Smsf adviser smsf awards acknowledge individuals and businesses who are leading the way in smsf advice and accounting by championing professionalism, quality advice and innovation. Compliance software, accounting, corporate compliance, smsf. Online smsf audit self managed super fund audit software. Guide to activating accounting software connection bgl. Dec 01, 2019 simple fund 360 is an intelligent, cloudbased smsf software for accountants to efficiently manage the compliance and administration of selfmanaged superannuation funds. Bgl corporate solutions is australias leading developer of smsf administration and asic corporate compliance software solutions. Aug 17, 2019 many software available for smsf accounting. Bgl, class super those provide comprehensive reports. Simple fund 360 is an intelligent, cloudbased smsf software for accountants to efficiently manage the compliance and administration of.
We provide comprehensive accounting and tax services for self managed superannuation fund. Bgl is proud to announce the release of its simple fund 360 2019 tax time software to clients, said the company. I thought most accountants doing smsf financials and returns are using either bgl or class which do all those functions. Class client communication tools, particularly the mobile app, really help us to deliver a superior level of service to our. Bgl simple fund 360 and cas 360 can integrate with xero hq to allow for streamlined smsf and corporate compliance notifications to flow to the xero hq dashboard. Under your tax agent number if you dont have lodgement software. Access mclowd smsf software for free mclowd makes the core accounting software freely available to both trustees and practitioners. Asf audits has over 20 years experience working with large administrators, midtier to small accounting firms, and financial advisers. Its been a big, big job, says managing director ron lesh fca. Simple fund 360 is an intelligent, cloud based smsf software for accountants.
Bgl s clients include all major accounting firms, law firms, many listed and private company groups, accountants, financial planners and many individual smsf trustees. Despite building software since the late 1980s, bgl corporate solutions managing director ron lesh believes the businesss success has come from its approach to its client service proposition, rather than on the software itself. Simple fund 360 smsf software will empower you and your firm to go beyond data entry and grow your smsf business with its innovative technology. Plus, you have the convenience of being able to access your data anytime and from anywhere. There are two key parts to activating a connection. Accounts are prepared using leading smsf software e. Simple fund 360 is an intelligent, cloudbased smsf software for accountants.
It is not designed to be a conclusive list and this website does not endorse any software provider over another. Now, through a seamless document solution from within your smsf software, bgl has chosen smarter smsf to deliver specialist smsf legal, pension and compliance documents directly from within your bgl software. Thirty years on, after becoming australias first windowsbased corporate compliance product, then making the shift to the cloud, bgl now employs over 150 people across australasia, with ron still at the helm. To ensure you are always using the most up to date and compliant documents around. Accounting workpapers live webinar recording simple. If you do not specifically mention any software to be used for your smsf, we will choose bgl simple fund desktop software free of charge. Online training access to the bgl learning channel an online, selfpaced training platform is included as part of your simple fund 360 subscription.
Bgl launches free beta program for cloud smsf app simple fund. Bgl launches free beta program for cloud smsf app simple. Bgl cas 360 smsf software corporate compliance software. This is not just in terms of moving data to the new system and retraining, but generally higher cost per fund for the smsf software. Smsf software corporate compliance software accounting. As a new firm looking for smsf software, we considered several accounting packages and found that supermate was best value for money. The bgl client success team host free, monthly webinars designed for you to gain the most from your new simple fund 360 smsf software. Cloud shakes up smsf software in booming diy superannuation. The software has been a great smsf processing solution that has given us the capability to grow our smsf service and clients tenfold in 4 years. Bgls award winning cloud solutions include simple fund 360, australias preferred cloud. Most accounting software such as bgl desktop and bgl 360 generates the member statements which are generally included in the smsf annual financial statements. Mclowd s free smsf software allows you to track all your contributions, investments, income and expenses, and easily report on various aspects of your selfmanaged super fund.
Bgls clients include all major accounting firms, law firms, many listed and private company groups, accountants, financial planners and many individual smsf trustees. Aug 11, 2014 back in late 2012 i wrote about mclowd, the free smsf accounting tool at the time mclowd was a relatively new entrant, and the software was in public beta. Intelligent, cloudbased smsf software for accountants to efficiently manage the compliance and administration of selfmanaged superannuation funds. Bgl has over 8,000 clients in 15 countries using its. The following is designed to be a quick comparison between the various smsf software options available out there. Smsf software icare super uses the most professional accounting and administration software to provide accurate accounting information for your smsf. While this allows new features for accountants and their clients, moving to the cloud also comes with costs. Like many other areas of accounting, smsf software is increasingly moving to the cloud. An accounting software connection is available where an accountant has been registered with bt panorama and linked to an smsfs bt panorama account. Our clients include all major accounting firms, law firms, many listed and private.
Bgl has been in the smsf software business for over 20 years. Used to use class but ended up being quite expensive. Dec 16, 20 software company bgl corporate solutions released its cloud program simple fund 360 for selfmanaged superannuation fund smsf administrators into open beta last week bgl, which claimed 75 percent of the 500,000 smsf funds in australia used its desktop software, had clients with 50,000 funds had already moved to simple fund 360, which was available free of charge in the open beta. Which is the best software to have for smsf accounting. Bgl is australias leading developer of smsf administration and corporate compliance software for the accounting industry, simple fund 360 and cas 360.
Class super is australias leading smsf administration software. I called several providers of smsf accounting software including bgl and they did not have anything like this as an audit software tool. Bgl desktop solutions include simple fund, australias leading cloud smsf. Easy to collect and upload information, very good checklist, covers every aspect of smsf, huge time savings with the ability to generate reports and complete an audit with only click and the signed audit report is sent to the trustee accountant. Incumbents such as bgl have taken several years to develop cloud versions of their software to compete against newcomers such as class super. When ron lesh wrote corporate compliance software on msdos for a postgraduate project in 1989, little did he know where it would lead him. Our customers include top tier accounting firms, smaller accounting practices, professional smsf administrators, financial advisers and auditors. Mar 05, 2019 at present, varieties of software are available for smsf accounting outsourcing for an australian accounting.
The practical expertise of our smsf professional accountants are set apart by the breadth and depth. Bgl corporate employs a team of over 150 people to handle software development, support, training, client development, marketing and administration. Simple fund 360 is the market leading cloud smsf admin solution. I recently went back to check on their progress, and was amazed at how much the guys had achieved in just 18 months, and how quickly their online community is growing. Click the button below to login through your company. If we are the accountant for your fund, we will prepare a set of financial statements that include member statements for the members in the fund. Our accountants have experience in working on all major smsf compliance software platforms including bgl, classsuper and supermate.
With over 30 years of trust in the accounting and compliance software space, bgl delivers awardwinning cloudbased corporate compliance and smsf. We are an australian company, listed on the asx under code cl1. Services xero, sageone, quickbook all versions, myob all. The software formed the basis for bgl s very first compliance product thirty years on, after becoming australias first windowsbased corporate compliance product, then making the shift to the cloud, bgl now employs over 150 people across. As a new firm looking for smsf software, we considered several accounting. Accounting software product for smsf and trust when i set up a new business in accountright, it does not have an option for smsf or trust other than industries retail, service, etc, so does then in the sample coas. While lots of accountingspecific software collects data, we collect.
The accounting software we use called bgl does this allocation of earnings to members. Free smsf accounting software approaching maturity. Simple fund 360 fundamentals live webinar recording. By saving valuable time and resources, you will be. Accounting workpapers live webinar recording simple fund. Contact us 0 adept super 07 3386 1432 po box 6, beenleigh q 4207. Bgl solutions provides superannuationspecific software for smsfs as. What smsf softwares australian accounting firms using for. Its cloud and desktop software is used by 70% of smsf s. By the end of this webinar, you will have an understanding of.
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