Observations

Introduction

Observations in SMSF Sorted are automated validations and checks designed to identify specific compliance situations that may require attention. These observations help ensure that funds are compliant and highlight any issues that need further review or action.

Within the Observations feature, users can take actions such as adding comments, raising queries, creating review points, or marking an observation as OK to indicate no further action is required.

How to View and Manage Observations

Step 1: Navigate to Clients > Manage Jobs > My Jobs. Select the desired Job and head to the Job Dashboard.

Step 2: On the Dashboard, you will see a section specifically for Observations. This is divided into four categories:

1. Warnings: Highlights validation issues that need attention.
2. Good to Go: Observations that have passed the validation checks.
3. Not Applicable: Observations that do not apply to the fund.
4. Data Not Available: Observations that cannot be run due to missing data or unavailable APIs from respective software.
   

Step 3: Click on any section (Warnings, Good to Go, Not Applicable, or Data Not Available) to view specific observations.

Step 4: If an observation is categorized under Warnings, you can choose to Mark as OK, add Comments, create Queries, or add a Review Point.

For observations under the other categories, the options are limited to adding comments, queries, or review points.

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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