Clients who have migrated to Simple Fund 360 from Simple Fund Desktop after finalising the Financial Year in Desktop will have the ability to export and import the SMSF Annual Return into Simple Fund 360 to lodge using SBR.
- Update to the latest Simple Fund release. Refer to Client Centre >> Software Downloads >> Simple Fund Downloads
- The fund must be migrated to Simple Fund 360
SMSF Annual Returns supported:
- 2016 - 2017
- 2017 - 2018
- 2018 - 2019
- 2019 - 2020
- 2020 - 2021
Firstly ensure that the fund has not been balanced forward and that you are in the current year, If you have balanced forward you will need to Reverse Bal Fwd.
Example; To complete the export for the 2018 financial year ensure the fund is in the 2017-2018 financial year.
From the Ribbon Toolbar:
On the Home tab, in the Fund Reporting group, click Financial Reports
Select the Returns tab.
Select: 2018 SMSF Export
Annual Return Validation
Simple Fund will validate the tax return to ensure there are no errors when lodging the tax return.
If Simple Fund identifies any errors, a tax return review screen will appear allowing you to correct the errors.
Double clicking on the error message will allow you fix the error instantly.
Once all the errors have been fixed, Simple Fund produce the Browse for Folder option. Select a location to store the saved .SBR file.
The .SBR file will be saved in the selected location. The file will take the name of the Fund Code. In this example the fund code is LODG17.
This file can be imported into Simple Fund 360. See below for instructions.
Simple Fund 360 File Import
The .sbr file can be imported into Simple Fund 360 once the fund has been migrated. For import instructions click here.