Simple Fund release 11.0 (08/05/2008) is currently available on our web site. It contains a new updated look and the new improved NEXUS database engine as well as over 30 other changes and bug fixes.

A new Simple Fund Configuration Tool was included with release 11.0 (08/05/2008) to help quickly identify incorrect and multiple installation issues. This new tool is named SFUNDCONF.exe can be found in the SFUND folder and can be used by BGL Support or your IT personnel when you need to edit the Simple Fund configuration files.
For further detail of the latest changes logon to the BGL client centre clients.bglcorp.com.au.

During May the Simple Fund team also released FUNDNet Version 4 which includes a shift to the new nexus database. It also contains several new features requested by existing FUNDNet clients.

For those that are not aware FUNDNet is the browser interface to Simple Fund and provides SMSF reporting for your clients and your team via an Intranet or over the Internet 24 hours a day, 7 days a week from anywhere in the world. If you would like more information about FUNDNet, contact BGL Sales on 1300 654 401

Throughout June the team will continue implementing the 2nd round of superannuation legislation changes that come into effect for the 2008 financial year. There will be significant changes to the tax return calculations including a brand new SMSF return which will see the consolidation of the MCS into a single SMSF return.


Simple Fund Tip
Important Information: If you have any outstanding 2007 or earlier years Member Contribution Statements (MCS) awaiting lodgement you must lodge these before 1 July 2008. The ATO ELS gateway will not accept the current MCS forms on or after 1 July 2008.