Class Super/Trust/Portfolio
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- We have enhanced the Load Opening Balances screen for foreign bank accounts to avoid common errors which may be encountered when running a Period Update. The foreign cash balance and book cost fields will now automatically update from the Edit Parcel History screen and cannot be edited from the Fund Opening Position screen anymore. This also makes Foreign Bank accounts consistent with how you load the opening balance of other investment types in Class. You can read more about this process here.
- We have added an option to suppress the TFN in the s290-170 - Notice of Intent to Claim report. This was a popular feature request in our Ideas Portal and delivered as part of our commitment to help you stay compliant. The default will be set to Suppress TFN. If you wish to change the default to Not Suppress TFN, you will need to update your Reporting Defaults at a business level as well as in all report packages that contain this report.
Other Fixes and Enhancements
- We have updated the Excel Fund Loader with minor enhancements, the latest version is v2022.10.28 which is visible in the top right of the overview tab.
- Updates to the Excel Fund Loader to match the Class application include:
- Custom tab: General Ledger (GL) Investment Classification, added Units in Unlisted Unit Trusts
- Investment tab: Market type, added “Term Deposits” and “Wrap/Platform”
Latest Tax Statement
- We have made additional tax statement templates available from the Tax Statement console. These can be found here. A break down for the 2022 Financial Year can be found: