Audit Console

Audit Console

Introduction

  1. Using the Audit Console page, Class users can efficiently view all the funds managed by them in Class and easily track the documents uploaded, workpapers prepared, funds submitted for audit with different audit stages, open queries, etc. 
  2. The page gives various insights to the managers and helps them plan their actions accordingly.
  3. The options to switch Class businesses & and financial year, search funds, access DMS, etc. add value to the Audit Console page which ultimately helps Class users in time savings, achieving efficiencies and quicker turnarounds.

Accessing the Audit Console Page

Once you've successfully activated Sorted Lite for a business in Class, follow these steps to access the Audit Console page:
Step 1: Click on the Grid icon located in the top left corner of Class Super. 
Step 2: Click on the Cloudoffis icon.

accessing-smsf-sorted-lite


You will be redirected to the Audit Console page, where you can manage various aspects of your funds and audits.

Columns of Audit Console Page

The Audit Console page has below columns with brief information about them:
  1. Fund Name: Shows the name of funds in Class.
  2. Fund Code: Shows the fund code of funds in Class.
  3. ABN: Shows the ABN of funds in Class.
  4. Workpapers: Generate, View and Download workpapers.
  5. Documents: This shows the number of documents uploaded for the relevant year for each fund. Upload Documents by clicking on the column.
  6. Audit Submitted: Shows whether the fund has been submitted for audit (Yes or No). Click on No to submit the job to the auditor.
  7. Submitted Date: Shows when the fund was submitted for audit(if any).
  8. Audit Stage: Shows the current audit stage for each fund(if the fund is submitted to the auditor who uses Cloudoffis Auditomation for conducting their audits).
  9. Queries: Shows and allows to respond to the number of Open Queries/Total Queries for each fund(if the fund is submitted to the auditor who uses Cloudoffis Auditomation for conducting their audits).
  10. Auditor: Shows the name of the auditor to whom the fund is submitted for audit.
  11. Action: Click the 3 dot action menu to perform various actions such as submitting or resubmitting funds for audit, viewing DMS, and uploading additional documents.

column-headings-on-audit-console-page


Dropdowns on Audit Console Page

You will also find several buttons on this page to help you manage your funds effectively:
  1. Business: If you manage multiple businesses, use this button to select an alternative business from the dropdown list. The page's details will be refreshed for the business selected from the menu.

changing-business-in-smsf-sorted-lite


  1. Financial Year: You can select different years from the dropdown and the list of funds in Audit Console page will refresh as per the selected year.

financial-year-dropdown



Various Options for Audit Console Page

  1. To be Submitted: This option filters funds that are yet to be submitted for audit.
  2. Submitted To Auditor: This option filters funds that are already submitted for audit.
  3. Open Queries: This option filters funds that have pending queries raised by the Coudoffis auditor. FYI, the queries will only be available if the funds are submitted to the auditors using Cloudoffis Auditomation.
  4. Global Search: This option allows you to search for a specific fund using different parameters- Fund Name, Fund Code & ABN, Auditor, etc.
  5. No. of Total Funds: Displays the total number of funds available on the page.
  6. Refresh: Click to refresh the page and reload the data as required.


tabs-on-audit-console-page


Quick Links Available on the Audit Console Page

From the Audit Console page, you can access various pages and modules:
  1. Manage Auditor: Redirects you to the Manage Auditor's page, where you can connect with an auditor.
  2. DMS: Redirects you to the business-level DMS page of all funds where you can navigate the DMS of different funds and their DMS easily.
  3. Help: Redirects you to Cloudoffis Knowledge Base for additional assistance and information.

accessing-manage-auditor-dms-and-help-page


With these features and functionalities, you can efficiently manage your funds and audits within SMSF Sorted Lite.
NotesNote: Each feature and section of this page is explained in other KB articles

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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