What is a Director ID?
From November 2021, directors will need to verify their identity as part of a new director ID requirement.
A director ID is a unique identifier that a director will apply for once and keep forever.
This applies to directors if their organisation is a company, registered foreign company, registered Australian body or Aboriginal and Torres Strait Islander corporation.
Directors must apply for their director ID themselves because they will need to verify their identity. No one can apply on their behalf.
The ABRS is responsible for the implementation and administration of director ID. ASIC will be responsible for the enforcement of associated offenses.
For more information on Director ID and how to apply for one, check out the Australian Business Registry Services (ABRS) website.
How to add a Director ID to a contact in Simple Fund 360?
|From the Main Toolbar, go to Settings.||
Use the Search Bar to locate an existing contact.
To add a new contact, select
Director IDs can only be entered in for a person contact type.
When adding or editing a contact, enter the Director ID to the Australian Director ID field and then select Create Person/Save Changes.
CAS 360 Contact Integration
Contact integration is available between Simple Fund 360 and CAS 360. For more information, click here.
If this is activated, the Director ID recorded in CAS 360 will flow through to the Simple Fund 360 contact automatically.