Morgans Wealth+

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Overview


A new XML upload for Morgans Wealth+ is now available in Simple Fund 360. This XML will provide you investment, cash and income transactions.

Navigation


 

From the Main Toolbar, go to Connect.
Select Feed Management from the list.

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Select the Wraps and Platforms Global tab.

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Add Feed


    1. From the Wrap and Platform Global tab, select (+) Setup.

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    2. The Setup Wrap and Platform Feed screen will appear. The fund name will appear in the Fund field.

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    3. Select Morgans Wealth+ as the Feed Provider.

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    4. Input the External Account ID.

      The External Account ID is usually the entity code in the XML file.

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      Entity Code Location

      The entity code may be found in the Morgan's Wealth XML file. Open the file in a text editor and look for the Entity_Code tag.

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      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. 

       

    5. Select the Bank Account for the fund the authority is being granted for (authority will need to be granted for each bank account).


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Note: Selecting Advanced Options will display a drop down of any bank or other non-unitised investments appearing in the Security Code chart. This chart will contain the relevant mapping codes used by the feed to load data to the correct account. These fields will be empty until the feed is operating.

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.

  1. Select Save. This step will need to be completed for each fund that will be using the Morgans Wealth+ feed in Simple Fund 360.

Obtaining the XMLfile


To obtain the XML file to be uploaded into Simple Fund 360, please send an email to Morgans Wealth+: Wealthplusrequests@morgans.com.au requesting a Simple Fund 360 compatible XML file. In the email please ensure to include the Fund Name

Upload XML File


  1. From the Wrap and Platform Global tab, under the Actions column, select the Import Manual File icon.

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  2. Ensure Morgans Wealth+ XML Import has been selected on the left hand side

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  3. Select the box located next to File Location to upload the XML FileEnsure the XML file is stored on your computer or network.


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  4. Select Import.

    If the XML is a bulk file containing data for more than one fund, you can upload the file following the steps above. Ensure Bulk Fund Import is selected and that Morgans Wealth+ has been setup for each fund prior to uploading a bulk file.

Data Import


What data is imported?

All cash, income (dividends, interest, distributions), 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 with the investment's contract dates.

Which transactions will be matched?

Investment and income transactions will be automatically matched to their corresponding cash transactions by Simple Fund 360. This includes accrual transactions across financial years. These will automatically be taken into account and auto-matched by Simple Fund 360.

Any cash transaction that is not investment related (e.g. an expense) will be automatically matched once Transaction Matching Rules have been set up.

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