SMSF Accounting Services

Accounting firms can get more productive work done without expanding internal headcount or costs. Our team handles:
Preparation of Accounts and Tax returns
Customised digital hyperlinked work papers or workpaper software of your technology stack
Liaising with auditors and providing necessary documentation (via our panel of auditors)
Access to technical support throughout the financial year
Financial management - data feed review & management, investment & income reconciliation, expense allocations
Compliance and reporting - contribution monitoring & reporting, benefit monitoring, & TBAR reporting

SMSF Administration Services

Advisors can rely on our expert backend support to enhance their capacity and capabilities, ensuring their clients’ SMSFs are managed with compliance and efficiency. Our team handles:
SMSF establishment and registration
Year-end accounting and tax return
Annual independent SMSF audit
Monthly processing of data fed accounts
Fund performance reports and dashboard
ASIC corporate compliance
Access to workflow platform
Ability to brand the services as per the firm
Client manager access for service questions

How Do You Benefit from Outsourcing SMSF Services to Solutions Centric?

The Strength of Experience and Expertise

By outsourcing SMSF accounting services to us, you get access to SMSF accountants with years of experience and a good understanding of evolving compliance regulations and laws. Our team of SMSF accountants and administrators can ramp up and start working on your funds within a week.

Up-to-Date Technology Practices

Every member of our team is well-versed in widely used SMSF software, CLASS and BGL360, easily adapting to the solution of your choice.

Enhanced Workflow Management

With a well-defined SOP in place, our team will help you establish and follow processes and integrate industry-best practices into your firm’s workflow.

Cost-Efficient Scalable Solutions

With our scalable on-demand team of accountants and administrators, you can minimize investments in hiring and training in-house accountants. We have qualified accountants ready to start working on your funds and daily workflows.

Focus on Core Business Services

When you outsource the bulk of your SMSF accounting operations to our seasoned accountants, your full-time resources will have more time to focus on core business services.

Case Studies

Find out how our collaboration has transformed operations for our clients, fostering growth and stability.

Blog

Find out how our collaboration has transformed operations for our clients, fostering growth and stability.

FAQ's

1. How can Solutions Centric handle Australian Tax and Super Funds?

Solutions Centric has dedicated SMSF teams with expertise in Australian taxation and SMSF compliance. Our professionals are trained in Australian regulations, tax laws, and superannuation standards, ensuring that all work meets ATO and ASIC requirements.
We support firms by:

  • Preparing and lodging tax returns, BAS, IAS, and FBT returns accurately.
  • Managing SMSF financial statements, member reporting, and annual compliance.
  • Following structured review processes and quality assurance checks to maintain compliance and accuracy.
  • Using secure systems and up-to-date practices to protect confidential client data and meet lodgement deadlines.

With deep technical knowledge and a commitment to best practices, we work as an extension of your inhouse team to help you deliver high-quality tax and superannuation services to your clients.

2. What SMSF software does Solutions Centric use for SMSF accounting?

SMSF Accountants at Solutions Centric are trained and well-versed in various leading SMSF software platforms, including:​

  • BGL Simple Fund 360: A cloud-based software offering automated processing and real-time reporting.​
  • Class Super: Provides comprehensive SMSF accounting features with streamlined workflows.​

These platforms enable efficient management of SMSF tasks, ensuring accuracy and compliance.

3. What is the turnaround time once all the information is provided?

At Solutions Centric, maximum turnaround time (excluding waiting time for complete trustee information) is 14 days. We can work with you to discuss turnarounds and priorities and try to meet these where required. But if the requirement is job by job model, the turnaround time will be 7 days.

4. Will we lose control of the client relationships by outsourcing SMSF Service?

No. Solutions Centric supports your firm by delivering comprehensive SMSF accounting services in the background. You retain full control of client relationships, while our SMSF accountants work on your funds.

Contact Us

Would you like to learn more about how outsourcing/offshoring solutions can benefit your firm?

Solutions Centric, Sydney
Sydney, Australia
23/6 Meridian Place, Bella Vista NSW 2153, Australia
Solutions Centric, Bangalore
Bangalore, India
#54, Rockline centre, Craig Park Layout, Ashok Nagar, Bengaluru, Karnataka 560025
Solutions Centric, Hyderabad
Hyderabad, India
Techno Pearl Building, Huda Techno Enclave, HITEC City, Hyderabad, Telangana 500081.