Posts in Class Super

Free Advanced Training on Class Super at your office
Super Know How are not only experts in the SMSF Industry, we have been intimately involved with the development of the Class Super software since its earliest stages. As auditors that specialise in audits of SMSFs that are on the Class system, we provide a mentor service for the use of Class. We have significant […]

Class and Super Know How Implement One Click Audits for Super Efficient SMSF Audits
Super Know How is proud to be one of the early adopters of the One Click Audit functionality. We are auditors that specialise in audits of SMSFs that are on the Class Super system, as such we wanted to ensure that our clients have the smoothest possible experience when it comes to managing the audit […]

Class Super ASAE 3402 – means less documents required for audit
Last month Class Super received ASAE 3402 assurance for its data feed system. You can read their full media release here: https://www.class.com.au/news-and-media/class-announces-achievement-asae-3402-assurance-data-feeds-helping-significantly-streamline-auditing-smsfs/ The report is designed to provide us as SMSF Auditors with reasonable assurance as to the accuracy of the data feeds that Class receives. We have received a copy of the audit report […]

SMSF Audit Plan and Checklist for Class Super
Super Know How is proud to launch their Audit Plan and Checklist through their Reporting with Class software. It is the first SMSF audit tool on the market that uses the data from Class Super to make SMSF audits easier for you. The Audit Plan and Checklist takes data from numerous sources in Class to […]

Electronic Lodgment of PAYG Reporting
Introduction Across the June, July and August releases of Class new functionality was made available that allows Class users to electronically lodge Pay as You Go Withholding (PAYG-W) reporting with the ATO. This includes both pensions/income streams and lump sums. The technology that Class uses for these lodgements is Standard Business Reporting (SBR) which is […]

Foreign Assets
Introduction Across the 2 February 2015 and 16 February 2015 releases of Class, new functionality was made available that allows Class users to better handle Foreign Assets. This includes foreign bank accounts, foreign securities from 8 overseas markets and exchange rates for 20 currencies. Instead of building new screens for everything foreign, Class has integrated […]

Class Super: Training for 2015 starts 03/02/15
Class Super training sessions start up again for 2015 next Tuesday 3 February 2015. Super Know How run the complementary training for Class Super. There are 8 different modules with two run on Tuesday and Thursday each week via webinar. There is something for beginners to advanced users including the ability to ask the Super Know […]

Class Super: New Data Feeds Authority Process
Class Super’s new Data Feeds Authority process is to be demonstrated by Super Know How tomorrow at 1pm. Super Know How run the complementary training for Class Super. Over the weekend, there has been significant changes to how the data feed authority process works. Tomorrow (Tuesday 16/12/14) Joe Buttigieg will be explaining and demonstrating the […]

Portfolio Effect Processing of Corporate Actions
Introduction In the 29 September 2014 release of Class, new functionality was made available that allows us to process the portfolio effect only of a corporate action. This is to be used while we are waiting for the corporate action details to be finalised/confirmed. This will enable SMSF Administrators undertaking daily processing to process the […]

Bulk Processing of Corporate Actions
Introduction In the August and September 2014 releases of Class, we have seen an improvement that now allows us to process Corporate Actions across multiple funds with just a couple of clicks. This will provide some processing relief in particular for corporate actions that don’t require accounting or tax review such as Capital Returns, Bonus […]