Full SMSF Accounting and Administration
Managing your own Super comes with increased responsibility. As the Trustee of your SMSF, you are ultimately responsible to ensure your SMSF remains compliant with the Superannuation rules and regulations. As a trustee of your own SMSF you need to be aware of these rules and ensure you do not breach those restrictions. Breaching your super obligations can be a very expensive mistake.
The SMSF Club provides our members with ongoing education and regular updates about the rules and regulations governing Superannuation. By knowing the rules, you minimise the chances of breaching your responsibilities.
Administration, Accounting, and Compliance
“Paying attention to the simple little things that most neglect makes many men very rich.” Henry Ford.
The SMSF Club provides our members with all of the administration, accounting, and audit requirements to ensure you are compliant with the financial compliance obligations of managing your own SMSF.
By providing you with accurate and timely financial information and ongoing education, you as the trustee of your SMSF can make informed investment decisions.
Online Reporting
The SMSF Club online reporting platform is an automated solution designed to manage the ongoing administration, bookkeeping, accounting and reporting needs for your SMSF. We provide you with complete visibility of your entire SMSF investment portfolio in one spot, which allows you to make timely investment decisions to enable you to better manage your SMSF investment portfolio. You can view your SMSF bank account, share portfolio, managed funds, SMSF properties and associated loans, and most other investments held within your SMSF on one screen. Details of your superannuation contributions, insurance policies and estate planning nominations are also recorded for you.
Bookkeeping
With the assistance of the online portal, The SMSF Club reconciles your SMSF on a daily basis. As we manage the accounting and administration needs of your SMSF including preparing your financials, you can concentrate on the exciting side of having a SMSF, investing.
Financial Preparation
At the end of each financial year your SMSF is required to complete, audit, and lodge financials with the ATO. The SMSF Club prepares and facilitates this for you. All you need to do is review the financials, sign the documents, and return them directly to The SMSF Club. We will take care of the rest.
Auditing Service
The SMSF Club will arrange the audit of your SMSF from a panel of auditors who are all external and unrelated parties of The SMSF Club.
As all of the financial compliance and accounting obligations are reduced by being a member of The SMSF Club the usual stress associated with managing your SMSF have been significantly reduced which frees up your time so you can concentrate on the reason why your established an SMSF in the first place – investing.