Simple Fund 360 has direct integration available with Mason Stevens, importing the following data via the Wrap Feed:
- Investment movements (purchases and disposals)
- Income transactions (dividends, distributions and bank interest)
- Bank transactions
- Foreign market trades and foreign currency bank transactions.
Dear Mason Stevens,
Can you please setup the following accounts, including historical data, for the BGL SF360 feed.
You can request activation for multiple accounts in the one email. Historical data will be requested as well.
Setup in Simple Fund 360
|From the Main Toolbar, go to Connect.|
|Select Feed Management from the list.||
Select the Wraps and Platforms Global tab.
- From the Wrap and Platform Global tab, select (+) Setup..
- The Setup Wrap and Platform Feed screen will appear. The fund name will appear in the Fund field.
- Select Mason Stevens as the Feed Provider.
Input the External Account ID. The External Reference/Account ID to input is the Mason Stevens Account Number. This will be the External account ID listed under the Account details section in the Mason Stevens portal.
The External Account ID to input is the combination of your Account Code and Portfolio Code from Mason Stevens. It is input as the following:
For example if the account code is S000000 and the portfolio code is SELF DIRECTED - STD the ID will be input as:
S000000/SELF - DIRECTED - STD
You can locate these codes via the Annual Report Pack.
Note: if data has been entered manually for this feed prior to its activation, input a Do not import data before date in the relevant field to the last date of manual data entry.
Select the Bank Account for the fund the authority is being granted for (authority will need to be granted for each bank account).Potential Duplicate Accounts
If you do not set this up, the feed will automatically create new accounts and you might end up with duplicate accounts.
Select Save. This step will need to be completed for each fund that will be using the Mason Stevens feed in Simple Fund 360.
Once the feed has been saved, the feed will appear with the status Awaiting Transactions, with the toggle set to On. Do not switch this off.
Simple Fund 360 will automatically load transactions from the date of activation. Activation can take up to one month for data to be uploaded into Simple Fund 360, as Mason Stevens process accounts on a monthly basis. Note: If historical data has been requested this may also take up to 30 days to feed through.
- From within the Wraps and Platforms Global tab, select the fund(s) to complete the re-request for.
- Select the Re-request transactions button that has appeared at the top of the screen.
- From the Re-Request Transactions screen, input the dates Do Not Load Before (earliest import date) and Do Not Load After (last import date). Transactions within this date range will be requested and imported.
- Select Import.
The re-request function can be used to import historical transactions.
Distribution transactions and tax components
Simple Fund 360 automatically updates wrap feed distribution transactions with their respective final tax components when the annual statement is made available.
For more information, please refer to Distribution transactions and tax components
How will transactions be coded?
All cash and investment transactions will be allocated to the correct account in Simple Fund 360. For purchases of new investments not previously held by the fund, new accounts will be created and transactions will be automatically allocated.
Which transactions will be matched?
Investment transactions (purchases and disposals) will be automatically matched to their corresponding Cash transactions by Simple Fund 360. Dividends and distributions will be matched to account 23900 and 23800 respectively during upload using the ASX codes. Interest income will also be automatically coded to the linked 25000 interest account.
Can historical transactions prior to the feed activation be uploaded?
Yes. Historical transactions are requested upon feed activation for Simple Fund 360. Perform a transaction re-request to obtain historical data.