End of Financial Year 2021 Update

End of Financial Year 2021 Update

Release Overview - End of Financial Year update (2021)

The following updates have been released to SMSF Auditomation to ensure compliance with new rates, rules and regulations that come into effect on 1 July 2021
  1. Checklist updated for 2021
  2. Audit Report updated in line with revised format from the ATO
  3. Trustee Representation & Audit Engagement Letters amended for 2021 EOFY
  4. Work Test Observations updated for recent legislation changes passed. Now applied to those over age 67
If you find these new updates are not appearing for you, we recommend you follow the steps outlined in the article below:
Why can't I see features from the new release?
    • Related Articles

    • SMSF Sorted End of Financial Year Update 2021

      Release Overview - End of Financial Year update (2021) The following updates have been released to SMSF Auditomation to ensure compliance with new rates, rules and regulations that come into effect on 1 July 2021 Work Test observation updated 50% ...
    • Create Audit Job for Class Fund "Internally"

      Create Audit Job for Class Fund "Internally" Select Manage Clients Select from the Audit Menu Choose the fund and select Create Audit Job To locate fund you may need to expand the show entries option located in bottom left or scroll through pages. ...
    • Post Migration Update in Auditomation

      Introduction With the relocation of the accountants to the Sorted Basic, we have made a few changes to the existing Auditomation platform. Below are the Changes which were made post-migration. Removed Obsolete Features: A few attributes have been ...
    • Roll Forward Document to Next Year in Auditomation

      Introduction If there’s any document that is tagged in any line item or folder and can be utilized in the coming year(s), you can simply roll forward it to the next year while tagging the document. The document will continue to roll forward until you ...
    • Creating Audit Job for BGL 360 Fund "Internally"

      Creating Audit Job for BGL 360 Fund "Internally" Select Manage Clients Select from the Audit Menu Choose the fund and select Create Audit Job To locate fund you may need to expand the show entries option located in bottom left or scroll through ...