- Peace of mind knowing that your reporting
and documentation will comply with the ever-changing statutory requirements
- Paperless working, on-line transaction
processing for over 90% of all transactions, with electronic contract notes.
- A dramatic reduction in operating and
- Complete portfolio management for day-to-day
management and operation of your Fund.
- As online service, no hardware or software
- All members/trustees may have secure online
access, this is essential to ensure all members know what is happening to
their funds, anywhere anytime.
- Provide secure online access to advisors, accountants or
auditors, no more file transfers or having no access to your fund
- Single yearly service fee.
- Process BAS/IAS, including GST, and Yearly PAYG
- You own and control your Fund
data; change advisors, accountants, auditors without lost of access to your
- Web Super Fund
service saves you time and money, while giving you control of your fund.
- Uniquely, Web Super Fund
is built upon our proven Web Ledger enterprise accounting engine, with
standardised chart-of-accounts; allowing normal Profit and Loss reports to
provide full fund details, rather than typical proprietary processes of
existing software products. This
removes the need for auditors and accountants to learn special Superfund
processes. Any qualified accountant can use Web Superfund.
- Fund Members' Statement
- Fully integrated Investment Strategy, with
real-time compliance reporting.
- Includes Sample Investment Strategy.
- Includes Sample Minutes.
- Integrated Document filing (broker or chess
certificates , dividends, distributions, etc) linked to each transaction for
ease of use and online auditing.
- Full set of financial statements including
Balance Sheet, Income Statement, Members Information Statement, Auditors
report, Trustees' Statement,
and Annual Trustee meeting minutes or resolutions to latest AASB standards.
Trustee Pre-requisites to use this
You must meet the requirements of a SMSF trustee.
Hence it is assumed, as a trustee, you have an
understanding of Self Managed Superannuation Fund (SMSF) compliance issues,
pension taxation issues, relevant SIS regulations, the relevant social security
requirements, and understand your Trust Deed requirements, or that you will seek
professional advise on these matters.
Your Fund must have an ABN, and you will need to have an approved Auditor for your fund.
The objective of our Service manuals, tutorials,
integrated support, or guides is to complement your
existing knowledge, or professional advise with specific application to
maintaining your fund using VillageMall's Web Superfund Service.
For your convenience links are provided within
Web Superfund to the ATO SMSF resources; if you have any questions regarding
these resources you must contact the ATO help line, Villagemall does not provide
support for ATO resources.
VillageMall emphasise the importance of seeking professional advice in relation
to the compliance and legislative aspects of SMSF establishment and ongoing
operation. Villagemall does not provide any professional advise on the operation
of your SMSF, and no such professional advise is included with your Service.
As with all Villagemall Services, You need to
be proficient in the use of Web Based Services, and meet our minimum connection
and computer requirements.
Assistance with Setup and
Operations of your SMSF fund?
Your service includes tutorials, online
help, and integrated support requests facilities. For onsite or local assistance
please contact an accountant within your local area; as Web Superfund uses
industry standard practices and is ATO registered, any competent accountant will
be able to assist you with the setup and operation of your Web Superfund.
Similarly contact you local registered auditor.
VillageMall does not provide
any advise on accounting, taxation, or investment issues. The contents
of this site should not be understood to be accounting, taxation or investment
advice but rather as general product related educational information that may
or may not meet your specific requirements.