The Intello Team can easily transfer funds from BGL 360 onto Class which is our SMSF administration platform.
You can either set up a user in BGL 360 and grant us access, or you can follow the steps below to assist with the transfer of the fund.
Please note that this needs to be read in conjunction with the following article: Checklist of information required to transfer an SMSF to Intello
Provide Data Files
To load your funds, we will need to obtain the BGL 360 export file for each fund. You can get to this by navigating in BGL 360 to Fund>Fund Export>Export Fund.
Provide Fund Specific Reports
Create a new report pack in BGL 360 and call it 'Fund Specific Reports'. Add the below reports to the newly created report pack:
Member Statements
Self Managed Superannuation Fund Annual Return
Unrealised Capital Gains Report - Detailed
Trial Balance
Fund Summary
Balance Review
Detailed CGT Relief Schedule (only required where the fund had applied for transitional CGT relief)
You should run all the reports for each fund you would like to transition.
Generating the fund export file does NOT delete the fund. If the export file fails, please send the reports to us without the export file, and make sure you note this in TMS
TFN Masking
Please ensure the "hide TFN" setting in BGL360 is set to 'NO'.
Navigate to Settings > Badges > select the relevant badge > General report settings > Hide TFN > set this to ''No" > Save.
In addition, ensure the display TFN on Annual Return is ticked.
Navigate to Settings > Badges > select the relevant badge > SMSF Annual Return PDF Options > Tick " Display member TFN in Section F/G" > "Display fund TFN on return and schedules" > Save.