Enhancements

• Electronic Signing Workflow: The electronic signing process has been improved to address ‘Invalid Operation’ errors that some users experienced when running report packs. This fix will create a smoother and more efficient electronic signing process. You can find out more about how to resolve common electronic signing errors here. 

  **Update 21 May 2026:** This improvement has been reverted. Some users may experience the “We couldn’t update the envelope tracking status right now. Please refresh and try again.” error when running report packs, select Refresh on screen to continue with the electronic signing workflow.

• ATO Interest Payments: Based on user feedback, ATO Interest Payment (community level income) are now classified as assessable income, reversing the July 2025 change that made them non-assessable. Interest from early payment of tax remains assessable, while refunds of General Interest Charge (GIC) are non-assessable from 1 July 2025.
• Fund Income Tax Payment Expense: The Interest description now reads “Interest Charges / (Interest Received).” Interest Charges refers to General Interest Charge paid (non-deductible); Interest Received refers to early payment of tax (assessable). Find out how to process ATO interest transactions that are deductible or non-assessable here.
• Invitation Expires: To enhance security, the link to set up a new user within an invitation e-mail will expire if not active in a timely manner.  A new invitation will need to be sent the invitation period has expired.

Fixes

• Activity Statement W1 Exclusions: Activity statement W1 now excludes Release Authority and other events that do not attract PAYGW.
• Updates to Report Notes: We’ve made minor changes to the Annual Trustee Minutes/Resolutions note and Trustee Declaration report. You should update reports in report packs to capture the latest changes.

Other Updates

• Commonwealth Bank New Authority form: Commonwealth Bank has updated their data feed authority on 20th October 2025, they will continue to accept the old form for a period of 5-weeks, ending 15th November 2025. Find more information here.
• ASAE 3402 Type II Report: This year’s data feed report includes coverage of Direct Connect Document Feeds from institutions, providing independent assurance over the design and operation of controls throughout the 12-month period ended 30 June 2025. For more information on how to obtain this report, refer to the Class Support article here.
• Realised Accounting Gain/Loss Income: The layout of Realised accounting gain/loss business events has been refined for improved clarity, and a validation has been added for entering Capital Losses to prevent errors.
• Corporate Actions: Class has added support for 30 new Corporate Actions for October, details are documented here. 
• Tax statements: Class has released additional 182 tax statements for FY25. You can track the released statements here.