Badges
Badges control the look and feel of Reports, Dashboards and Templates in Simple Fund 360 & Simple Invest 360.
A Badge is related to an entity. This relationship is displayed in:
- The Badge screen, where an entity can be attached to a Badge
- The Entity Setup screen when setting up a new entity
The following options can be edited in a Badge:
- The Badge Name
- Financial Reporting Options
- Firm Logo
- Entity Relationships
- Set the Revaluation Order for Managed Funds, Unit Trusts, Shares in Listed Companies and Cryptocurrencies
- Set SMSF Annual Return PDF options
- Notes to the Financial Statements
An entity can only have one Badge.
If you do not create or set a customised Badge option for an entity, the Default Badge will apply. The default badge will also apply for funds migrated from Simple Fund Desktop.
What happens if I change any of these Badge options within an entity? Will this overwrite the options originally created by the Badge?
Any changes you make to an entity's options outside of the Badge screen will only affect that particular entity, the Badge option will remain unchanged.
Navigation
| From the Main Toolbar, go to Settings. |
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| Select Badge from the list. |
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How to Create a Badge
1. From the Badge screen, select + New Badge.
Users can choose to click on the dropdown to copy badge settings from a different badge and make necessary changes accordingly.
2. In the Badge Name field, input the name you want to give the Badge.
Choose the General Report Settings for the Badge. These settings determine how the financial reports produced by the entity(s) attached to this Badge will display.
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Report Setting |
Explanation |
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Rounding |
Toggle ON to prepare rounded financial statements for entity(s) attached to the Badge. No decimals will then display in these reports. |
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Show Comparatives |
Toggle ON to prepare financial statements with comparative amounts from the prior financial year. Choose between a comparison to the prior year 30/06 or a direct comparison. |
| Time Stamp | Toggle ON to add the date and time prepared on the Financial Reports. |
| Save Report Date | Save the Report Date setting for applicable reports. This can be saved at a Badge Level (applies to generated reports across funds with the badge attached) or at a Fund Badge Level (settings saved on a fund level and do not interfere with other fund date settings) |
| Page Numbering | Toggle ON to enable page numbers for all reports except ATO forms. |
| Report Margin | Portrait Report margins will be adjusted Left/Right. Will only apply to report pack generation, not single report downloads. |
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Toggle OFF to include a member/beneficiary's TFN in entity documents. Toggle ON to hide a member/beneficiary's TFN in entity documents. Documents that contain sections for the TFN, these sections will then be prefilled with either Provided or Not Provided. |
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Toggle OFF to include a member/beneficiary's Date of Birth in entity documents. Toggle ON to hide a member/beneficiary's Date of Birth in entity documents. Documents that contain sections for the Date of Birth, these sections will then be prefilled with either Provided or Not Provided. |
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Select or enter in a colour code for the header line colour on Financial Statements. |
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| Date Documents |
Toggle ON to add dates appearing on the signature sections of reports and in the headings of trustee minute/resolutions. If Toggled OFF the date field will be left blank for you to print the document and fill in manually. If toggled ON the date will pre-fill. |
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Toggle ON to display reports as Draft, once toggled ON, the header line colour can be changed and the draft text can be edited. Will only apply to report pack generation, not single report downloads. |
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Toggle ON to enable bookmarks upon previewing or downloading Financial Statements. |
Choose the Financial Reporting Options for the entity(s) attached to this Badge.
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Report Option |
Explanation |
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Tax Effect Accounting |
Toggle ON to include tax effect accounting when calculating period end entries for entity(s) under this Badge. Toggle OFF if you do not wish to adopt tax effect accounting. When toggled on, the software will create a provision for deferred income tax (PDIT) for the entity. |
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Reporting Entity |
Toggle ON if the entity(s) attached to the Badge are considered a reporting entity or if the entities will adopt accounting standard AAS25 - Financial Reporting by Superannuation Plans. Note 1 will display as being prepared on a Cash Basis if toggled OFF. If toggled ON, Note 1 will display the accounts have been prepared on an accrual basis. |
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Resident Entity |
Toggle ON if entity(s) attached to this Badge are Australian residents for Income Tax purposes. |
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GST Registered |
Toggle ON if the entity(s) attached to this Badge are registered for GST. Where the entity is GST registered, the software will deduct GST amounts from all assets, income and expense accounts appearing in reports. |
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Hide Pension Payments from Operating Statement |
Toggle ON to display pension payments when generating the Operating Statement. |
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Alternate Members Statement |
Toggle ON to produce an alternate version of the Member Statement. |
| Include Disclaimer | Toggle ON to display The accompanying notes form part of these financial statements as a footer in the Operating Statement and Statement of Financial Position. |
| APES 315 Footer | Toggle ON to use the APES 315 Footer for financial statements. Toggle OFF to hide the footer. The text box can be used to edit the footer wording. |
Complete the SMSF Annual Return PDF & Privacy Options.
Include Notes - At badge level, toggle ON for each note you wish to include in the financial statements. Notes are automatically numbered by the software.
To add your default firm logo to SF360/SI360 produced documents and reports, on the left-hand side of the screen, select Your Logo.
Upload your firm logo from its stored location on your computer.
The logo needs to be in a .jpg, .png, .jpeg, .gif or .bmp format and the recommended size is 100 by 33 pixels.
Input the Default Relationships for the entity(s) attached to the Badge.
You can add the following default relationships of entity(s) attached to the Badge:
- Entity Contact
- Entity Tax Agent
- Entity Auditor
- Entity Advisor
Select Default Entity Setup Options. This will make the process of setting up an entity easier. Simply set the default settings, save the badge, and attach the badge when setting up an entity.
Revaluation Order
This determines which price is used when investment revaluations are calculated. Refer to How to customise Managed Fund / Unit Trust, Share Prices and Cryptocurrencies for more information.
3. Once you have finished inputting all Badge information, click Save Changes to add the Badge or Cancel to abort the changes.
Attach or remove entities from a Badge
To attach an entity to a Badge, select Entities Selector
Search and select for the entities to attach to the Badge and click on the right arrow. Select Save.
To remove entities from a Badge, click the left arrow under the Assigned entities column.
Select Save.
How to Set a Badge as Default
Once a custom badge has been created, select the badge under Badge Settings and tick the checkbox to Set as Default.
When creating a new entity, this badge will automatically be selected.