It is recommended to use this approach when a new Fund has been set up and there is no opening positions.

Navigate to Business level > Business > New Fund

1. Select a Brand
   
2. Enter Fund Start Date (Date the entity commenced)
3. Enter Fund Code (shortened identifier for the Fund)
4. Enter the Name of the Fund
5. Select SMSF as the Legal Type
6. Enter any other applicable data (if available)
   
   
   
7. Navigate to Contact Details, Enter the Street Address
8. Enter Suburb/Town
9. Enter State
10. Enter Post Code
11. Click on Activate
    
    
    

What's Next?

Once the basic details of the entity have been created, you will manually need to:

1. Add any investments held by the entity including Bank accounts, Foreign bank accounts, Property, Unlisted assets, Listed assets, Term deposits & Foreign investments.  
2. Set up Broker and Platform Feed and Activate the Data feeds. 
3. Set up Members.
4. Enter all the Opening Balances.