Now that you have learned the Concepts of Best Practice processing lets take you through our Demo Entities.

We have created two separate articles that go through step by step instructions on how to process these Demo Entities.

Every year Class creates new Demo Entities to be loaded to new businesses, this means depending on when you joined class, will be the year Demo you receive. 

In this article, you will learn the following;

1. Checking the Year of Demo Fund/Trust
2. Preparing yourself to Process the Demo Fund
3. Preparing yourself to Process the Demo Trust

Checking the Year of Demo Fund/Trust

Navigate to Fund/Trust Level > Periodic Processing > Period Updates

1.  Check the opening year is 2019 - 2020 this means its FY20
   
   
2. Contact Support and ask for a new Demo Fund or Demo Trusts if you don't have the most up to date versions of the demo.

Preparing yourself to Process the Demo Fund

1. Download  Processing an SMSF Checklist.pdf
2. Go to Demo SMSF Processing FY 20 page
3. Open Class
4. Navigate to Demo SMSF

Preparing yourself to Process the Demo Trusts

1. Download Processing a Trust Checklist.pdf
2. Go to Demo Discretionary Trust Processing FY20
3. Go to Demo Unit Trust Processing FY20
4. Open Class
5. Navigate to Demo Discretionary Trust or Demo Unit Trust