How to Create and Submit Manual Funds to Auditor

Introduction

Follow the steps given below to create and submit manual fund from Sorted Basic connected portal:

How to Create Manual Fund

Follow the steps given below to create the Manual Fund.

Step 1: After logging in to the portal, click on Clients > Manage Clients.

Step 2: Now click on the Import Clients > Add Client.

Step 3: On the appearing slider, add the Basic Details, Contact, Fund, Trustees (if any), Members and Files. Once done with filling all the details, click on the Create Client from the bottom left of the slider.

Note: Client Name, SMSF ID, Business Code, Business Name and ABN are mandatory fields. If any of the mentioned field is kept empty, the Create Client button will not be enabled.

Step 4: If you have a wind-up fund make sure you add the Fund End Date while creating the client.

Step 5: Client will be successfully created and you will receive a confirmation toast message at the bottom right corner of your screen. The fund will be now listed on the Active Client tab of Manage Clients page.

Submit to Auditor

Once the client is successfully created, follow the steps given below to submit the client to the Auditor.

Step 1: Click on the three dot action button from the Clients > Manage Clients page and select Submit to Auditor.

Step 2: On the appearing page, add Job Information like Financial Year, Client Contact and Auditor. Once done, hit Next.

Step 3: Now you can upload the Trial Balance or any other document from this page. Once uploaded, hit Next.

Step 4: On the appear page, review all the details mentioned and hit Submit to submit the Job to the auditor.

Step 5: The job will be successfully submitted to the auditor and will now be visible at Clients > Mange Jobs > Submitted to Auditor.

Note: Click here to know more about how to use Sorted Basic portal in detail.

Updating Clients

To update already existing client in SMSF Sorted Basic, follow the steps given below.

Step 1: Click on Clients > Manage Clients.

Step 2: Click on the Update Client button under Client Details column or click on the Update Client from the action column.

Step 3: Make sure you add the Fund End Date to create a wind-up job.

Note: In the same way you can remove the End Date and Update Client to change the Job Type from Wind-up to Year End.

Step 4: Once you have updated the details, click on Update Client.

To learn more about the process , explore best practices, and make the most of our features, please visit our Knowledge Base. You can also check our FAQ section for answers to common questions, or contact our Support team if you need any assistance.

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