Powerful online functionality combined with ease of use

• Based upon full feature Web Ledger enterprise accounting, including automatic member ledgers
• Recording of Minutes to document decisions
• Recording, and tracking of Investment strategy
• Analysis of Performance and Risk
• Integrated Investment Manager for direct shares Unit Trusts/Managed Funds Funds, Term Investments, Cash, and Exchange Traded Options³.
• Corporate Actions functionality including mergers, de-mergers and dividend reinvestments
• Integrated Asset Management for properties, including depreciation
• Calculates CGT on Sale of Assets, using one of three ATO methods, includes smart selection of CGT options.
• Segregate Assets to specific fund members
• Support for Gov co-contributions
• Allocate fund profits to members by inbuilt daily balance formulae, or user entered, or actuary percentage
• Ability to handle pension funds and funds with members in both accumulation and with one or more pensions
• Management reports including real-time investment portfolio, and member positions.
• Calculates Crystallised Segment for members in accumulation mode as part of 2007 tax return, also support manual entry.
• Includes online access for up to four members/trustees
• Electronic online processing of ASX dividends, import of Bank statements via our smart processing module.
• Online Electronic Contact Note processing, direct access via trading platform ( build portfolio, process buy/sell transactions with a single click).
• Online Macquarie-CMT account reconciliation (no export/imports, just a single click). Can be setup by trustee, advisor, or accountant.
• Online update of managed funds asset category allocations, to assist with investment strategy compliance.
• Support for Post 30th June 2007 Rules
  • Determine eligibility for TTRP, and Account-Based  Pensions (Transition Birth date and Age Rules)
  • Transition to Retirement (TTRP) Pension payments (age 55-59)
  • Account Based Pensions (age 60 and over) payments
  • Calculate Account based pension (Income stream) payment details; with minimum payment age rules, tax free proportion component, and maximum value for TRAP. You may select pension payment within above rule limits.
  • Supports new Tax Free pension payments
  • New Fund (ETP) Rollover Benefits Statement field tracking for future 2008 MCS¹ and Tax Returns¹.
• Optional free, fully integrated Managed Funds and ASX price feeds, including dividends and ETO's.

Taxation

• Taxable/tax exempt/tax paid income
• Calculates change in market value of investments
• Supports latest ATO combined Superannuation Fund Tax Return.

Member Management

• Detailed member information (member details, tax records and benefit history)
• Breakdown of members' account balance showing vesting, and preservation.
• Online, real-time, member contribution statements (MCS) and reporting
• Allocation of calculated allocated earnings to member accounts

Compliance Reporting

• Investment Strategy Recording, and tracking against actual investments to ensure fund compliance (includes example Investment strategy).
• Fund Members' Information Statements.
• Fund Financial Report to AAS25,  including Operating Statement, Statement of Financial Position, Members Information Statement, Auditors Report, Trustees' Statement, and Annual Trustee meeting minutes.
  Sample Financial Report
• Electronically fills out new combined Self Managed Superannuation Fund Income tax and regulatory return form NAT71226, and Schedule BK NAT3432.
  Sample Tax Return, Schedule BK
   

Portfolio Management

• On-click portfolio revaluation.
• Free on-line Share, Managed Funds price feed.
• Free on-line share dividend feed with integrated dividend processing.
• Integrated charting, fund profiles, pricing, dividends and performance.
• Integrated chart comparison with S&P Index or GICS sectors.
• On-line access for share and fund lookups
• Optional Online Electronic Contract Note² processing.

Disclaimer
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.
Notes 1. Supports latest combined SMSF Tax Return form (MS)  from October 2008, see www.ato.gov.au for details.
         2. Contact your broker to enable Electronic Contract Notes.
         3. The ONLY Australian SMSF accounting software with integrated Options (ETO) processing.