ADMINISTRATION SERVICES FOR ACCOUNTANTS
We offer full service administrative solutions to advise and assist accountants with their client’s SMSFs. We take responsibility for the administration of the accounting, financials, tax returns and audits and we utilise innovative software to ensure accountants have complete support for all administration needs. Our services include:
• Preparation of Financial Statement and Tax Return
• Document Portal
• Dedicated Support
Optional
• Tax Lodgement Services
• ASIC Registered Agent Service
• Liaising with the Independent Auditor for the Annual Audit
• Independent Audit (by a third party provider)
• Actuarial Certificate
• ASIC Registered Agent Service (Special Purpose Company)
• ASIC Registered Agent Service (Standard Company)
ADMINISTRATION SERVICES FOR ADVISERS
With our extensive experience working alongside advisers, we understand you and your client’s administration needs. At the end of the day, we know you want the best outcomes for your client and that’s why we aim to be your source of knowledge, support and expertise. We offer administration solutions including:
• Preparation of Financial Statement and Tax Return
• Tax Lodgement Services
• Liaising with the Independent Auditor for the Annual Audit
• Access to our Online Document Portal
• Dedicated Support
Additional items
• Annual Independent Audit (by a third party provider)
• Actuarial Certificate
• ASIC Registered Agent Service (Special Purpose Company)
• ASIC Registered Agent Service (Standard Company)
If you are looking for SMSF support, get in touch with us to find out how we can assist you.
DOCUMENT SERVICES
CREATION
• Deed of Establishment
• Corporate Trustee Establishment
• Membership Applications
• ATO Trustee Declarations
OPERATIONAL
• Change of Trustee
• Deed Amendments
• Transition of Members
• Structural change to the Trustee
• Limited Recourse Borrowing Arrangement
ACCESS TO BENEFITS
• Pension Establishment
• Pension Commutation
• Death Benefit Pensions
• Lump Sum Withdrawals
CLOUD SOFTWARE SOLUTIONS
Technology has truly changed the way we look at SMSF reporting and the gathering of client data. If you want to keep up with the minimum requirements in SMSF administration, you need to have a cloud-based software solution that receives data from various sources.
At Cyber SMSF, we assist clients in moving from non-specific SMSF software to Class Super. Class Super enables you to end-to-end manage the administration of your client’s SMSFs and ensure funds are kept up to date on a daily basis.
If you are looking to move to a cloud based software solution or need to set one up, get in touch with us and we would be happy to assist you.
BEST PRACTICE
We are dedicated to ensuring businesses, advisers and accountants have the tools they need to get their best out of their and their clients SMSF. We have compiled some key best practice information that relates specifically to innovative technology solutions to effectively and efficiently manage an SMSF.
DATA FEEDS
It is imperative that you have as many available data feeds activated in Class Super. For most of our clients, we start off with a review of their current data feeds looking for opportunities to tidy up and put in place a plan to have the remainder activated.
REGULAR PROCESSING
Clients acceptance of annual processing has shifted. In their life they have everything at their fingertips, which has evolved to a requirement to have their SMSF kept up to date. Keeping all SMSF’s up to date means that you can look for opportunities to add value back to your client base on a regular basis.
CLOUD BASED SOFTWARE
It’s key that you can access data from any location 24/7. That’s why we recommend an industry leading software that is maintained and kept up to date to support you and your clients.
ELECTRONIC STORAGE OF DOCUMENTATION
Maintaining an electronic file of the annual source documentation saves time and allows you to find what you are looking for easily. Having scanned copies of all permanent documents means that clients have access to these, even if the originals are lost or destroyed.
It’s key that you scan copies of all versions of trust deeds in particular as you never know when they may be needed.
ELECTRONIC SIGNATURES
You may have a client base that work long hours or travel frequently, therefore the adoption of electronic signatures means you can ensure timely action of client instructions and ahead to lodgement requirements.
