There has been a lot of activity at BGL over the past 2 months.

In July 2008, BGL released Simple Fund Version 11.1. This release includes the new SMSF 2008 Annual Return as well as all the other paper and electronic forms required by clients to complete their 2008 superannuation work. At the same time, BGL released its new Unlisted Unit Trust (UUT) data service. This service has been added to our highly successful ASX data service. Together, these services now provide cost effective appropriately licensed data to over 1,000 BGL clients. Should you wish to avail yourself of these services, you can subscribe through the BGL Client Centre

In August, BGL also released CAS Ver 11.1 which included over 50 new features and new electronic forms available from ASIC. BGL expects these new forms to be available for clients to lodge in the next few days once ASIC updates its systems to accept lodgement.

At the same time, BGL has been working on our 2008 Product Roadmap . The Roadmap includes the release of the BGL Report Editor in the next few weeks followed by the new CAS Forms Module and the BGL Query Module in October 2008. CAS Forms will allow clients to prepare virtually any form through CAS. BGL Query will be available for all products and will allow clients to easily prepare sophisticated database queries in CAS, Simple Fund, Simple Invest and Simple Ledger. More information and pricing for these modules is outlined elsewhere in this newsletter.

In August, BGL held product update seminars. Over 1,000 clients attended to check out the new features in latest releases of CAS and Simple Fund and also to get a preview of the new BGL Report Editor.

The past few weeks have also been very busy for the BGL Support Team. As you can understand, with the release of so much new software and the update for many clients to the new Nexus database for the first time, support has been inundated with client calls. We ask clients to be patient during this busy period. We also ask  clients installing updates with the new database ie updating from CAS Ver10.x to Ver 11.x or Simple Fund Ver 10.x to Ver 11.x, ensure they read the installation instructions and the on screen messages as installing these updates is different from installing previous BGL: software. I also strongly suggest clients who operate their BGL applications on a computer network and do not have experience installing client / server applications consider employing an IT professional to install these updates.

Over the next few weeks some of the BGL Management Team will be attending the World Business Forum in New York City. This annual event includes in its speaker list many world business and political leaders. Members of the BGL management team attend this event every 2 years to gain a first hand insight into the latest business and management strategies. I would highly recommend this event to BGL clients.

You may have noticed there was no BGL Client Newsletter in July 2008. BGL has decided to change the frequency of our newsletter to bimonthly and use BGL Direct and email where we need to inform clients of important matters during the intervening period.

We look forward to providing you with a number of exciting new products and services over the next 12 months.


Ron Lesh
Managing Director

Did you know you can be rewarded by introducing a colleague or business associate to BGL who subsequently invests in any BGL subscription?

You could earn Products & Services vouchers up to the value of $100. Check out the Client Referral page on the website for more details or contact the Sales and Marketing team 1300 654 401 or info@bglcorp.com.au.

BGL Subscription Renewal Prices for all products will increase form 1 July 2008. The overall price increase is around 8% as BGL has not increased prices since 1 July 2006 so this price increase is a necessary catch up. BGL has decided so as  to avoid large prices increases every 2 years, in future we will increases prices in line with inflation each year. We feel this is fairer to clients and fairer to BGL.

BGL is committed to always provide you with exceptional value for money. This commitment is an underlying principal of BGL from which we will never falter.

BGL Hands on Product Training courses are run by experienced BGL trainers who are there to guide you through each step of the course and answer any questions you may have. The training courses are a great way for you to learn the BGL products and get the best use of them. Courses for the first half of 2008 are filling fast, so you need to book early to secure your place. To find out more about the BGL Training courses and or to register, visit the BGL Website.

New locations
BGL Hands on Training courses are held regularly in Adelaide, Brisbane, Melbourne, Perth and Sydney in the upcoming months, BGL will also be offering Hands on Training courses in:
Albury
Port Macquarie

With the Training Guide for July to December 2008 currently available you can also check out the latest training dates and course content for each session on the BGL website:

• CAS Introduction
• CAS Advanced
• Company Secretarial Requirements
• Simple Fund Introduction
• Simple Fund Advanced
• Simple Fund Pensions
• Simple Fund for Trustee

If you have any training related questions, please speak to our Training Coordinator Claire de Freitas on 1300 654 401 or by email at training@bglcorp.com.au

You can register for all Hands on Training sessions through the BGL Client Centre clients.bglcorp.com.au

Did you know by introducing your clients to Simple Fund, Simple Invest or Simple Ledger you can earn commission on all subscriptions purchased?

By purchasing Simple Fund, Simple Invest or Simple Ledger your clients can

• Process accounting transactions of their own Super Funds
• Manage their investments
• Handle their own day-to-day accountants

and much more then by passing their data files to you, you can reduce your data entry and focus on the high value services.

Over the next few weeks, BGL will release 2 new and exciting modules.

BGL Query
BGL Query is a must have tool for your all BGL clients. BGL Query gives you the power and flexibility to query, filter and extract any data from your BGL database. The data can then be organised and presented to meet your individual needs. The easy to point and click user interface will allow clients to simply generate complex queries with a few mouse clicks. BGL Query includes a full featured report editor that will allow results to be exported to CSV, XML or TXT or can be saved in PDF, Excel and or Word.

BGL Query will be priced with a module and application access fee to allow clients the flexibilty to mix and match the module with applications. The two fees are added together to determine the module price:

Module Access Fee

Single User	$500
5 User	$1,000
Unlimited Users	$2,000

Application Access Fee
Simple Fund and CAS

25 Companies/Funds	$100	CASLite Plus	$700
50 Companies/Funds	$200	CASLite	$400
100 Companies/Funds	$400	Simple Invest - Professional	$400
250 Companies/Funds	$700	Simple Ledger - Professional	$400
500 Companies/Funds	$1,100
1000 Companies/Funds	$1,600
1000+ Companies/Funds	$2,300

CAS Forms
CAS Forms will be available for all CAS clients. The module will allow users to prepare any form such as ASIC forms not supported in CAS, ASX and ATO documents. Data will be populated from the CAS database and saved in CAS Document Management for easy retrieval. CAS Forms has the power and flexibility for users to develop their own forms and standard documents.

CAS Forms is priced with a module access fee and a forms pack fee to allow client the flexibilty to determine which form packes are required. The two fees are added together to determine the module price:

Module Access Fee

Single User	$500
5 User	$750
Unlimited User	$1,000

Form packs

1 - 10 Forms	$500
11 - 20 Forms	$1,000

Please note these prices DO NOT include GST.

To register your interest for these 2 new products and or to find out more contact the BGL Sales Team on 1300 654 401 or email us info@bglcorp.com.au

Become a member of a BGL Product User Group. This is your opportunity to network with other BGL clients, share your ideas and learn more about the BGL products.

Dates for the next meetings are as follows:

State	User Group	Next meeting
Melbourne	Simple Fund Professional CAS Simple Fund Trustee	20 Oct 14 Oct 18 Sept
Perth	Simple Fund Professional Simple Fund Trustee	TBC 17 Sept
Sydney	Simple Fund Professional CAS	4 Sept 4 Sept
Brisbane	Simple Fund Professional	2 Sept
Gold Coast	Simple Fund Professional	TBC
Hobart	Simple Fund Professional	TBC
Adelaide	Simple Fund Professional	TBC
Canberra	Simple Fund Professional	19 Sept
Port Macquarie	Simple Fund Professional	1 Oct

To register for any of the above User Groups, visit the BGL website. Your confirmation including venue details will be provided when you register and print your confirmation. Alternatively, you can contact Jess Campbell in the Sales and Marketing Team by email info@bglcorp.com.au or on 1300 654 401.

New User Groups in 2008
BGL are establishing User Groups in Geelong and Tamworth, to be held in the forthcoming months. Please email Robyn Riley our Client Relations Coordinator clientrel@bglcorp.com.au. if you would like to attend a User Group in any of these areas.

BGL Client Services offers a comprehensive ASX and Managed Fund data feed service utilising the latest web technology to import ASX and Unlisted Unit Trust (UUT) data directly into your Simple Fund, Simple Invest and Simple Ledger software.

Data is available on a daily, monthly, quarterly, annual or ad hoc basis depending on your individual needs. ASX data includes price and dividend data and ASX/UUT data includes prices, dividend / distribution and UUT Asset Allocation data.

The data is sourced directly from ASX and Morningstar Research Pty Ltd and supported by BGL, so you can be confident that the data is accurate and correctly licensed for distribution.

Benefits

• Fast, automated service and seamless integration with your BGL software


• Subscribe online 24/7 and receive data instantly


• Combine your software and data providers and remove any third party reliance


• Transparent, easy-to-understand pricing policy plus a 30 day money back guarantee


• Request one off daily ASX data at $55.00

Subscribing

• On the LHS of the Screen, under Your Subscriptions, select Purchases and Upgrades


• On the Purchases & Upgrades Page select Subscribe to BGL Client Services ASX and Managed Funds Data Feed


• Select the Products for Datafeed


• Confirm (Data Feed shopping Cart), finalise the invoice amount and you will then become a subscriber

Welcome
Penelope Smith as Sales Coordinator, Alida Karro and Teagan Crozier as Admin Assistants

CAS Version 11.1 and CASNet 6.0 are currently available on our web site. To download the latest update, please log in to the BGL Client Centre.

CAS Version 11.1 added numerous new features, enhancements and tools, to provide our clients with an even more efficient and effective compliance solution.

The CAS product manager would like to recognise the effort of the entire CAS team for their outstanding and unwavering determination and hard work to provide CAS Version 11.1 in August.

We would like to thank our clients that have helped with the Beta testing of CAS for the version 11.1 release. The CAS Beta testers provided outstanding and invaluable feedback during the testing phase of this release and we are sure that all users appreciate their hard work.

CAS Version 11.1 is possibly the most feature packed release in the long history of the CAS product. The additional features and enhancements have arrived with some issues but the persistence of the CAS team and the feedback from clients has enabled the continuing development and improvement in CAS. The feedback from clients helps us to maintain focus on the functions regularly used by our clients.

The success of the CAS update seminars and the feedback it provided is invaluable. The seminars showed how clients and users appreciate and recognise the number of their requests and wish list items that have been added to the system.

The CAS team will continue to constantly strive to provide a software package that is written purely for the benefit of our clients with as much input as possible from its users.

CAS Version 11.1 has allowed for an update of our report engine to Quick Reports 5.0 which has now also enabled CAS and all BGL products to provide a full featured report editor.

The full suite of CAS reports are able to be re-designed and altered by users of CAS. The report designs are able to be changed at the time of preparation where users also have the option to replace the existing report template that CAS currently provides, with your latest redesigned report.

This feature allows users to alter colours, fonts, styles, company logo's, signing lines, database fields, spacing, columns, shadings and so much more in all CAS reports.

The BGL product teams have commenced developing a feature packed Query module. This module will enable CAS clients to query the CAS database in plain English and provide an output in a customisable form.

This will mean that CAS users and users of any BGL products will be able to create, modify and reproduce reports that provide the exact information that is required in the most appropriate format designed by you, the user.

These changes enable clients to get even greater value out of the CAS product and therefore greater value for your business.

BGL and the CAS team would like to welcome our new senior programmer, Prakash Sastry.

Prakash has been a senior programmer for many years, working on numerus systems and brings a great deal experience related to Nexus, our database engine.

Important Note

Please note that CAS version 11.1 includes the latest electronic forms allowed by ASIC. these are the form 6010, 201, 205's and 410's.

CAS users are able to pay for these forms by using their Direct Debit ASIC account or ASIC can invoice direct to the company whom the forms are lodged

Please note the following if documents are lodged electronically and for ASIC to directly invoice the company (i.e. not to use the agents direct debit account):

1. ASIC will not send an invoice to you the agent - only the company will receive a paper invoice (if the asic direct debit account is used, an electronic invoice is received through the cas software).
2. If the account is not paid on time, the transaction is reversed.

With reference to a 410, this will mean that the company name is no longer reserved or with relation to the 6010, the company will not be deregistered.

CAS Tip

 Form 6010 can now be lodged electronically through CAS .

The form 6010 is created through the CAS Process Tree | Corporate Registers | Other Documents | Deregistration/Dissolutions

The application for deregistration may be made by the company; a director or member of the company; or a liquidator of the company.

If the company is the applicant, then a person must be nominated to receive the notice of deregistration. This is done by attaching a representative to the company in the peoples list.

The signature for the form must be the applicant

Once the form has been created, it is then available to be selected, in your lodgement screen.

Please note – for electronic lodgment, only the Company or a Director/Alternate Director can be the applicant.

Better Super formerly known as Super Simplification has resulted in the most significant changes to Simple Fund ever. BGL has made the transition as simple for clients as possible. We do understand that you will have a lot of questions about the changes but we ask that you first perform the following three tasks before logging a support call.

Firstly make sure you are running the latest version of Simple Fund. The ATO are continuing to fix errors with the SMSF Annual Return and MCS form specifications and each specification change requires BGL to update the Simple Fund software. It is therefore critical that you are running the latest versions of Simple Fund. In Simple Fund go to Administration | Defaults | task Help screen and ensure the check box “Software Update Notification” is selected. This way you will receive a message as soon as an update is available.

Secondly download the Simplification Guide (21/08/2008) from the BGL Client Centre and ensure everyone who uses Simple Fund in the office has a read through the guide. This handy guide has been prepared by BGL Corporate Solutions Pty Ltd for Simple Fund clients and has been designed to give you a brief description of changes to the relevant sections of legislation and the changes made to Simple Fund in Version 11.1.

Thirdly check the FAQ Knowledge base. Support is receiving a high number of calls that can be easily resolved by clients reading the Knowledge base before logging a call. The knowledge base is constantly being updated for any Simplification questions being posed by clients.

The following is a list of Simplification related Articles currently available from the Knowledge Base:

Article 456: Crystallisation of member components as at 01/07/2007
Article 458: Proportioning Rule
Article 459: Recording pension payments with the new proportioning rule for the 2007/2008 year and later
Article 460: How to process transition to retirement pensions.


Tip of the Month

V17 Mandatory Tag :Date Audit completed Missing.  Question 6 - Date Audit was completed on the SMSF Annual Return is a new question for 2008 that all funds must complete.

Under a new regulation that took effect late last year, trustees must appoint an auditor at least 30 days before the due date for the return.  Simple Fund will use the Audit Report Date in the Financial Reports | Audit Report screen to populate Question 6 - Date Audit was completed on the SMSF Annual Return. So please ensure you go to the Audit Report screen and input a valid date before you prepare the SMSF Annual Return.

Please review the full installation instructions available from the BGL Client Centre before running this update.

Clients who have not updated to 6.0 previously, please note the following Important Information :
Simple Invest is required to be run from the server with a user account with administration rights to the server
You can not run this update from a workstation connected to the serve
You can not install this update with a limited user account if you are running a standalone (single user non networked PC
Nexus strongly recommends that you setup the database files on the same local drive where the database is to be installed

From July 2008, BGL will offer clients a complete ASX and Managed Fund data service that can automatically import
ASX and Unlisted Unit Trust (UUT) data directly into your Simple Fund, Simple Invest and Simple Ledger software.

There is a number of new features and fixes available in the latest update.

We have changed the user interface and we have added a new icon to bring them in line with the user interface changes from the previous release.

The Account Ledger report will now display Asset Purchase transactions that has units but no amounts entered.
A new warning message will appear when processing a disposal of an investment that is not subject to CGT and the narrations field for disposal entries in the transaction screens will now show the whole narration even for the extremely long investment account names.

Bendigo Bank Internet Banking CSV formatted transactions has been added to our transactions upload list increasing the list to 13 diverse data sources.

We have also improved Nexus Database connection to remove the reliance on SINVEST.INI file for database connections. This change will prevent conflicts between SINVEST.INI and the NXSERVER.INI database locations.

The BackupRestore process accessed from the Administration process has been improved with several new features.

We have corrected an error message when editing people, a specific issue where certain disposals were not picked up in some reports has been corrected.

The issue with Data Import Rules "A register has not been selected" has been resolved and an issue where transactions were being duplicated when changing account code has been fixed. We also corrected issue with the Dividend/Distribution Comparison Report producing a blank report and register securities screen speed has been improved.

Simple Invest will no longer be able to share the market values database with any other BGL application. Due to requirements imposed by the security prices data provider Morningstar Research Pty Ltd, this update will ensure the market values are not shared and it will automatically split the relevant data files if required.

For those who use BGL ASX and Managed Fund data it would not make any difference as the upload is fully automated and does not require any user interference.

Please note the following Important Information before running the update:
Simple Ledger is required to be run from the server with a user account with administration rights to the server
You can not run this update from a workstation connected to the serve
You can not install this update with a limited user account if you are running a standalone (single user non networked PC
Nexus strongly recommends that you setup the database files on the same local drive where the database is to be installed

From July 2008, BGL offers clients a complete ASX and Managed Fund data service that can automatically import ASX and Unlisted Unit Trust (UUT) data
directly into your Simple Fund, Simple Invest and Simple Ledger software.

All data is sourced directly from the ASX and Morningstar Research Pty Ltd, so you can be sure that the data is accurate and correctly licensed for distribution.

ASX and Managed Fund Data Service provides daily ASX data, or monthly, quarterly and annual ASX and UUT data depending on your individual needs.  New clients and existing ASX clients can subscribe online 24/7 and the data subscription will be prorated based on your BGL Product Subscriptions renewal dates.

The next Simple Ledger update is due in October and the team is currently working on the new release development list.

Tip of the Month

Did you know that Simple Ledger provides a comprehensive depreciation calculator. It provides the ability to maintain all your depreciable assets requirements within Simple Ledger and provides a depreciation schedule together with the ability to post depreciation journals to the selected ledger.

Users also have the ability to select either the Tax Depreciation or Accounting Depreciation rate for Simple Ledger to use in the calculation of the Deprecation Schedule.

Simple Ledger users need to input the Tax, Accounting and/or Private Use depreciation rate(s) % and select a depreciation method in the Chart of Accounts Add/Edit screen. Simple Ledger will then use these rates together with the selected depreciation method to calculate the depreciation schedule which can then be previewed or printed. The depreciation schedule provides for the following ATO depreciation methods: Prime Cost, Diminishing Value , Motor Vehicle Prime Cost, Motor Vehicle Diminishing Value, Low Value Pool, General STS Pool and Long-Life STS Pool.