February 2023

Class Super/Trust/Portfolio

Scan & Save

With this powerful new feature you can save time and upload PDF bank statements when a Bank Data Feed like Suncorp or others are not available or where a data feed doesn’t provide historical transactions.
Auditors will be able to see from the audit trail, which transactions have been uploaded by Scan & Save and or if they have been modified by a user. Find more information on the User Guide page here.

SuperStream

A validation has been added to the initiate Rollover Out screen. Where a Full balance Rollover Out is selected, the initiate Rollover button will be disabled until a Period Update has been run the day before. Further information can be found here.

Audit Report

Part B of the SMSF Audit Report has been updated to refer to the new Auditing Standard ASQM 1 Quality Management for Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or Other Assurance or Related Services Engagements as per ATO’s requirement.

Multi-Factor Authentication (MFA)

Class Investor mobile app version 1.0.26 are now available to download on the App and Google Play stores. Users will need to download this version which includes MFA. Users will need to download this version or later before 31 March 2023 to continue to access the Class Investor mobile app.

Member Postcode Validation with a leading 0

We have fixed a validation message if the member address postcode has a leading 0 and Validate Address is selected. All Northern Territory postcodes starting with 0 is valid and we have removed validation message.

ASAE 3402 Report

Class has obtained ASAE 3402 Type II report for Tax Statements. This covers Tax Statements that are available on the Tax Statement Console. Auditors can obtain a copy of this report by contacting Class Support. For more information review the User Guide article here.
Supported Tax Statements for FY2022 have been finalised. Below are links to the 1,535 Tax Statements that Class supports.