Experience Hassle-Free
Bookkeeping for Simple Fund 360
Monthly Bookkeeping, Payroll, Financial Statements or Tax returns for Business Owners
Business Tax return filing by Certified
CPA / Enrolled Agent
(Starts at $350)
QuickBooks And Xero Certified Experts
50% Reduction In Costs
Simplifying SMSF Management with Simple Fund 360
Simple Fund 360 is a cloud-based software designed for self-managed superannuation funds (SMSFs). It automates data entry, transaction processing, and compliance checks, integrates with various financial data feeds, and offers real-time updates and comprehensive reporting, making SMSF management efficient and accurate for accountants and trustees. It simplifies the complex processes involved in SMSF administration, making it easier for accountants, financial advisors, and trustees to handle their funds efficiently.
Meru Accounting uses Simple Fund 360 software to offer efficient SMSF management services. We automate data entry, transaction processing, and compliance checks, ensuring accuracy and saving time. Our integration with real-time financial data feeds and comprehensive reporting helps clients make informed decisions and maintain regulatory compliance effortlessly.
Key Components of Simple Fund 360
1.Automation
- One of the key features of Simple Fund 360 is its automation capabilities. The software can automate data entry, transaction processing, and reporting, significantly reducing the amount of manual work required. This automation helps ensure that the data is accurate and up-to-date, which is crucial for compliance and reporting purposes.
2.Integration
- Simple Fund 360 integrates seamlessly with a variety of data feeds from banks, brokers, and investment platforms. This integration allows for real-time data updates, making it easier to keep track of fund performance and make informed decisions. The software also integrates with other BGL products, such as CAS 360, for a more comprehensive solution.
3. Compliance
- Compliance is a critical aspect of SMSF management, and Simple Fund 360 makes it easier to stay compliant with regulatory requirements. The software includes features for automating compliance checks, generating necessary reports, and keeping track of regulatory changes.
4.Reporting
- Simple Fund 360 offers a wide range of reporting options, including financial statements, investment reports, and member reports. These reports are customizable, allowing users to tailor them to their specific needs. The software also includes a powerful dashboard that provides an overview of fund performance and key metrics at a glance.
5.Mobile Access
- With Simple Fund 360, you can access your SMSF data from anywhere, at any time. Since its software is cloud-based, simple fund 360 can be logged in from any device with an internet connection. This flexibility makes it easier to manage your fund on the go and stay up-to-date with the latest developments.
Benefits of Using Simple Fund 360
Efficiency
By automating many of the manual tasks involved in SMSF management, Simple Fund 360 significantly increases efficiency.
Accuracy
Automation also helps improve the accuracy of data entry and transaction processing.
Time Savings
With its automation capabilities and real-time data updates, Simple Fund 360 saves a significant amount of time. This is particularly beneficial for accountants and advisors who manage multiple funds and need to process large volumes of data.
Compliance Assurance
Staying compliant with regulatory requirements is critical for SMSFs, and Simple Fund 360 helps ensure that your fund is always in compliance. The software includes features for automating compliance checks and generating necessary reports, giving you peace of mind.
Flexibility
The cloud-based nature of Simple Fund 360 provides flexibility and convenience. You can access your SMSF data from anywhere, at any time, making it easier to manage your fund and stay up-to-date with the latest developments.
Need of Simple Fund 360 to transformSMSF Management
Simple Fund 360 has transformed the way SMSFs are managed by providing a comprehensive, automated solution that simplifies complex processes.
- Streamlined Administration: The automation features of Simple Fund 360 simplifies the administration process, reducing the amount of manual work required. This leads to increased efficiency and accuracy, allowing accountants and advisors to focus on providing strategic advice to clients.
- Real-Time Data Updates: The integration with various data feeds ensures that the data is always up-to-date. This allows for real-time monitoring of fund performance and helps in making informed decisions.
- Enhanced Compliance: Simple Fund 360 helps ensure compliance with regulatory requirements by automating compliance checks and generating necessary reports.
- Comprehensive Reporting: The software offers a wide range of reporting options, allowing users to generate customized reports based on their specific needs.
- Accessibility: The cloud-based nature of Simple Fund 360 provides flexibility and convenience. Users can access their SMSF data from anywhere, at any time, making it easier to manage their funds and stay up-to-date with the latest developments.
Why to Choose Meru Accounting?
Choosing Meru Accounting for managing Simple Fund 360 can offer several advantages:
- Meru Accounting has specialized knowledge and experience in self-managed super funds, ensuring that your SMSF is handled with a deep understanding of regulatory requirements and industry best practices.
As experts in using Simple Fund 360, Meru Accounting can utilize the software’s features effectively to simplify SMSF administration, enhance accuracy, and improve efficiency.
We can tailor services to meet the specific needs of your SMSF, including custom reporting and unique administrative requirements, ensuring that the software supports your fund’s goals and strategies.
With our expertise, Meru Accounting can simplify administrative tasks, reduce errors, and ensure timely and accurate financial reporting, which is crucial for effective fund management.
We offer personalized service, understanding your fund’s specific needs and providing tailored advice and solutions, which can be more effective than generic or one-size-fits-all approaches.
Beyond routine administration, Meru Accounting can provide strategic advice on investment and tax planning, helping you optimize your SMSF’s performance and growth.
Services Offered By Meru Accounting Using Simple Fund 360
Meru Accounting offers comprehensive services to users of Simple Fund 360, a cloud-based platform for managing Self-Managed Super Funds (SMSFs). These services are designed to ensure efficient SMSF administration, accurate reporting, and compliance with regulatory standards.
Data Entry and Migration
- Meru Accounting assists in setting up Simple Fund 360 by entering historical data and migrating it from other platforms. This ensures that all records are accurately transferred and aligned with SMSF management requirements.
Compliance and Reporting
- Staying compliant with SMSF regulations is critical. Meru Accounting prepares accurate financial statements, compliance reports, and tax returns to meet all legal requirements. This includes ensuring that the SMSF operates within the bounds of the law, avoiding penalties.
Ongoing Administration
- Routine management of SMSF is handled seamlessly, including account reconciliations, contribution tracking, and transaction processing. Meru Accounting manages the day-to-day fund administration, reducing the operational burden on trustees.
Taxation Advice
- Understanding SMSF taxation can be complex. Meru Accounting provides expert advice on tax deductions, contribution limits, and overall tax planning strategies, helping trustees minimize their tax liabilities while remaining compliant.
Investment Management
- Meru Accounting supports investment management by monitoring SMSF investment performance and ensuring adherence to the SMSF’s investment strategy. This includes detailed reporting, tracking asset allocation, and ensuring compliance with regulations governing investments.
Software Updates and Maintenance
- Simple Fund 360 is regularly updated to meet new regulations and feature enhancements. Meru Accounting ensures that the software is up to date and operates smoothly, taking care of maintenance and integrating any new updates to optimize the management process.
Custom Solutions
- Recognizing that every SMSF may have unique needs, Meru Accounting develops custom reports and solutions. This may include personalized financial reports, investment performance insights, or customized dashboards that cater specifically to the preferences and needs of fund members.
Conclusion
Simple Fund 360 is a powerful and comprehensive solution for managing self-managed superannuation funds. With its automation capabilities, real-time data updates, and compliance features, the software significantly simplifies the complex processes involved in SMSF administration. By using Simple Fund 360, accountants, financial advisors, and trustees can manage their funds more efficiently, accurately, and compliantly. Meru Accounting uses Simple Fund 360 to provide exceptional SMSF management services.
Our integration with real-time financial data feeds allows for up-to-date monitoring and comprehensive reporting, enabling clients to make informed decisions. Additionally, we offer tailored financial advice and support, helping clients navigate complex regulations and optimize their SMSF strategies. With Simple Fund 360, Meru Accounting delivers seamless, reliable, and compliant SMSF administration, allowing clients to focus on their financial goals with confidence and peace of mind. The software’s user-friendly interface and powerful features make it an essential tool for anyone involved in SMSF management.
Hiring Virtual Accountant With Meru Accounting
Meru Accounting provides world-class services that cater to all the needs of cloud accounting and bookkeeping of your business.
We work on the best accounting software like Xero and Quickbooks, as well as add-ons that will make sure all your work is up-to-date.
Help you with switching from your traditional software to Xero and Quickbooks.
We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.
When you choose to outsource your accounting work with us, it benefits you in the following ways:
- 1. Cost-saving
- 2. Access to skilled and experienced professionals
- 3. Better management of books of accounts
- 4. Decreased chances of errors
- 5. Improve business efficiency
- 6. De-burdens in-office employee’s dependency
- 7. Better turnaround time
We work on virtual technologies like Team Viewer, Virtual Private Network (VPN) to share and access data from your system.
You have to share your accounting software login details.
Through that, we complete all of your work and update it on the cloud, so you can have access to your data from anywhere and at any time.
Software is not a barrier for us. Due to our strong and professional accounting knowledge, we can prepare your books in almost any of the accounting software.
Our experts are always all ears to listen to your queries regarding bookkeeping and accounting or our services. You can contact us anytime by visiting: Contact Us page.
We provide our bookkeeping services at the rate of US $10 per hour. So, you only need to pay for the amount of time actual work is done.
We take certain preventive measures to secure your data, like:
- Cyberoam Firewall to prevent any kind of foreign threat.
- Dual-step authentication
- Implement anti-virus
- Limit user access so that login details are with a few people.
Meru Accounting work on some of the best accounting software’s like:
- Xero
- Quickbooks
- Netsuite
- Saasu
- Wave
- Odoo
Along with that, we also work with many add-ons like Workflow Max, Receipt Bank, Slack, TradeGecko etc., to extend your software’s capacity and improved work experience.
To book for trial, call us on our numbers or Please fill out the form here.
Our Work Information
We have combined team of Professionals. Seniors are generally Certified Chartered Accountants. Junior Bookkeepers are having Qualifications like Bachelors of Commerce, Masters of Commerce, Masters in Business Administration in the subject of Accounts and Finance, Intermediate level Qualification of Chartered Accountancy, etc.
For information visit our work methodology page.
We prepare a checklist of information required for bookkeeping and send you at timely intervals so as to ensure that we can do bookkeeping faster.
We can provide to you once we move ahead in our interview.
We serve clients on MYOB and have expertise working in Essentials, Account Rights Plus, etc.
Yes, We are presently processing Payroll for Number of clients in US , UK and Australia and take care of complete payroll activities.
Goods and Service tax (GST) is levied on sales of all the goods and services in Australia. GST is generally chargeable at 10% of value of sales.
Business Activity Statement is a predefined form to be submitted to the Australian Tax office by all the business persons in order to report on their all the tax obligations during the period covered.
BAS is generally required to be filed quarterly by various businesses.
Individual Business Owners
Yes, Owner of the business can prepare sign and lodge the tax return on his own. Its not mandatory that the Tax return needs to be signed by an EA or CPA.
No , its not mandatory that it should be prepared by only CPA or EA. It can be prepared by anyone who has PTIN.
We have Enrolled Agent who has the Authority to sign the documents for our clients after completing the through professional check.
Meru Accounting has its operational centre in India and hence the prices are quite less as compared to US based CPA’s and Enrolled Agents.
Meru Accounting has a team of Tax experts. Each Tax expert prepares around 300-400 Tax returns every year for various CPA’s in United States and Individual Businesses like yours. Due to this vast Experience and Robust Quality Check processes in place we can ensure you about correct Tax planning for your firm.
