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Information For Accountants
Superannuation compliance work is a very complex and specialised area.
For many accounting firms Self-Managed Superannuation Fund administration is not profitable. Onerous compliance obligations, shortages of skilled staff, competing client demands and constant changes in legislation makes SMSF administration work expensive, time consuming and a drain on precious resources.
These compliance obligations are either postponed until the end of the financial year or simply put in the 'too hard' basket.
At Justsuper we have dedicated resources to assist your firm with the complexities and challenges involved in complying with the many complex rules and regulations applicable to Self-Managed Superannuation Funds.
Our service offering is very flexible in that you do not have to outsource all of your firms SMSF's to us. You may choose to only send us your more complicated funds for example pension funds or only some of your funds if you feel that you may not meet the ATO lodgement deadline for all you funds due to lack of internal resources.
By outsourcing your superannuation compliance work to Justsuper you will:
Increase profitability and reduce write-offs as a result of our fixed fee arrangements
Free-up staff time allowing them to concentrate on the core activities of your business
Provide your clients with timely, accurate and complying financial reports
Reduce compliance risks for your business as we will keep you up to date with changes to the Superannuation Laws and Regulations and we will assist you in interpreting and understanding the implications of these changes for your clients
Justsuper has developed and uses innovative technology to enable us to provide a superior administration offering.
We provide you with a full set of 'electronic work papers' that are ready for audit by your firm or preferred audit firm. Each item in the operating statement and statement of financial position is electronically linked to a supporting third party document ensuring that the audit is relatively straight forward.
The transmission of data between your firm and Justsuper is done via a 'secure FTP server site' that we will set up for you. This will ensure that no paperwork has to be sent via the mail and ensures that your email inbox is not clogged up with large files.
If you prefer we can arrange for an independent audit of your firms funds at a very competitive price. This is because our preferred audit suppliers are very familiar with our comprehensive electronic work paper files.
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