This article explores various methods for setting up a new fund in Class, allowing you to choose the option that best suits your needs.
1. Add a New Fund Directly in Class
This method allows you to add a new fund directly via Class. Please refer to this Adding a New Fund Help article.
2. Use the New Fund Wizard function in Class
This method simplifies the process of entering fund and member details by using the New Fund Wizard.
- Use the New Fund Wizard to guide you through setting up the fund.
- Add any investments held by the entity including Bank accounts, Foreign bank accounts, Property, Unlisted assets, Listed assets, Term deposits & Foreign investments.
- Set up Broker and Platform Feed and Activate the Data feeds.
- Set up Members.
- Enter all the Opening Balances.
3. Use the Excel Fund Loader
This method is ideal if you prefer uploading all fund details and opening balances via an Excel file.
- Download the Excel Fund Loader from Class.
- Enter the required data into the loader.
- Submit the completed loader to Class.
For detailed instructions on entering data on all the tabs into the loader, refer to the help article: Excel Fund Loader - SMSF.
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