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Navigating Payday Super with
Graeme Colley
Graeme Colley, a respected educator, policy advisor, and technical expert with over 30 years’ experience in taxation and superannuation is back for a special webinar where he’ll be focusing on Payday Super and how to navigate this upcoming change. Join Graeme for this special webinar where we focus on the Payday Super legislation and how this will impact businesses.
SMSF Insights with Graeme Colley
12:00 – 12:45 PM AEST
Join Cloudoffis and Graeme for this insightful look into SMSF and key trends. You can also register any questions you’d like to ask Graeme.
In this webinar we’ll discuss:
- An update on Division 296
- Top SMSF Compliance Mistakes we’re seeing & how to avoid these
- ATO Focus Areas
- Your questions answered by Graeme
From Overwhelm to Clarity
12:00 – 12:45 PM AEST
Designed for micro to mid-sized Australian accounting firms, this session focuses on cutting through complexity and creating workflows that are consistent, efficient, and fit for purpose.
You’ll leave with greater clarity on your current setup, insight into how others approach workflow design, and practical actions to improve team adoption, unlock capacity, and take back to the office.
You will walk away with:
- Mindset shift about their tech stack
- Practical actions to take back to the office which can include, conversation activators, a draft checklist, or an epiphany
- Conversation starters to align your team on workflow changes
- Confidence to have 30 minute internal tech stack review
Cloud Accounting & SMSF Audit Software: The Latest Updates from Cloudoffis
Behind every great accounting practice is software that gets out of the way – and this quarter, we've been focused on making sure Cloudoffis does exactly that.
Welcome to the latest edition of Cloudoffis Pulse, your quarterly look at what's new across Workpapers Sorted, SMSF Auditomaion and SMSF Sorted.
It's been an exciting start to the year, and our product team has been heads-down building the tools you've asked for – from performance improvements that you'll feel every time you log in, to new features designed to take the friction out of your day-to-day workflow.
At Cloudoffis, our mission is to empower the accounting and auditing community with smarter, faster solutions. Everything we build starts with you – your feedback, your challenges, and the way you work. This quarter is no different.
There's a lot to cover, so let's get into it.
What’s happening in
Tax Sorted becomes Workpapers Sorted
We have updated the product name to Workpapers Sorted! This marks an exciting new chapter in our journey, the decision to rename Tax sorted was simple. We offer an extensive library of workpapers (not just Tax workpapers), and we wanted the name of our product to reflect what the product offers and will do in the future.
Improved Report Generation (Aspose Upgrade)
Our reporting engine has been upgraded using Aspose, resolving the issues some users previously experienced when generating reports. Report generation is now more stable, faster, and reliable.
Updated Workpaper Formats
Several workpaper formats have been refreshed and improved to enhance clarity, consistency, and ease of review, helping accountants prepare and review workpapers more efficiently.
Enhanced Relationship Chart
We’ve enhanced the much loved relationship chart, with new interactive capabilities and the ability to download the chart in different formats and views we know our users will love.
View client structures more clearly with interactive vertical and horizontal views — and download the relationship chart when you need it for reviews or client discussions.
Smarter & More Flexible Job Report Package Generation
Job Report Package generation has received a major upgrade, giving users greater flexibility and control:
- Clear visibility into the Job Report Package generation process
- Easy access to previously generated Job Report Packages
- Ability to generate Job Report Packages in both PDF and Excel formats
- Flexible options to save Job Report Packages to the Local Drive or directly into the FYI Portal
- Improved control over regenerating Job Report Packages when required
Upcoming Release – 24 March 2026
Our upcoming release will introduce the following enhancements:
- BAS, IAS, and FBT Job Types – Accountants will be able to manage additional compliance work directly within Workpapers Sorted, keeping more work in one platform.
- Save Filter & Personalised Views – Users will be able to apply filters on the client screen and customise column views within jobs. The system will remember these preferences automatically and save them for future use unless the user chooses to reset them.
What’s happening in
Optimised User Experience
Our team has been hard at work behind the scenes on SMSF Auditomation, making substantial improvements to the performance and efficiency of our servers and software. While these changes may not always be visible on the surface, the impact is something you'll feel every time you use the platform. Think faster load times, smoother navigation, and a more reliable experience from start to finish.
We're committed to continuously refining the foundation of SMSF Auditomation so that the tools you rely on every day work harder for you.
Also in case you missed our amazing new customer story – Read about Super Green Tick and how they grew their practice by 50% using SMSF Auditomation.
Read their story
What’s new in
The value of SMSF Sorted was almost immediate. It was a no-brainer for the team.
Improved Document Upload Experience in Sorted Lite
Uploading documents from Class DMS just got more powerful. Users can now easily filter documents using tags created in Class DMS, making it quicker and simpler to find exactly what they need. This enhancement brings greater flexibility and control to Sorted Lite, helping streamline your document management experience.
Click here for more information.
If you’re using Sorted Lite, or haven’t tried our products yet, discover how this firm went from manual Workpapers to Cloud Automation
Are you to grow with Cloudoffis?
Whether your practice specialises in auditing or offers a full suite of accounting and advisory services, Cloudoffis has you covered with streamlined workpapers and workflows. Cloudoffis is here to help keep your practice running smoothly.
– Quick Setup – Get started in minutes
– Flexible Platform – Work the way you want with adaptable features and integrations
– AI, Cloud-Based Technology – Delivering efficiencies and compliance at scale
– Flexible Pricing & Unlimited Users – No lock in contracts
– Free Onboarding & Ongoing Training – Onboard your team effortlessly with expert guidance and continuous support at no extra cost
– Tailored Solutions – Our agile team adapts to your unique business needs to ensure your success
Built with Accountants, for Accountants
Purpose-built tools shaped by real feedback from firms like yours—no unnecessary extras, no one-size-fits-all templates. Just what your team actually needs to standardise processes, operationalise efficiency, and feel supported every step of the way.
Where Support Flows
SMSF Death Benefit Checklist
Introduction:
When a member of an SMSF dies a death benefit may become payable to dependents. Also, if the deceased was an individual trustee or director of the corporate trustee a replacement may be required to ensure the fund can continue to operate and benefits are paid.
Here are some questions which may assist to ensure the correct documents are in place and decisions have been made to support the death benefit payment and the replacement of the trustee.
Depending on the client’s situation and the trust deed, there may be many more questions in addition to those below.
Notification of the Member’s death
- Has the trustee been notified of the death of a member or trustee?
- Has the trustee received a copy of the death certificate of the deceased or other official recognition of the death of the member or trustee?
Trust deed provisions
Do the governing rules of the fund, such as the fund’s trust deed, have any special requirements in relation to the death of the member or trustee?
Do the governing rules require replacement of the deceased member/trustee or member/director of the corporate trustee with the deceased’s legal personal representative (LPR) before a decision can be made about the payment of the deceased member’s death benefit?
Trustees
- Did the fund consist of a single member and a corporate trustee where the single member was the sole director of a corporate trustee?
- Did the fund have a corporate trustee and two directors who died simultaneously?
- Does the fund have one trustee or director of the corporate trustee who is living?
- If the sole director or the directors of a corporate trustee has died the company constitution may provide instructions on how the director is replaced.
- Did the deceased have a last will and testament which appointed an executor of their estate who can act as their legal personal representative (LPR)?
- If there is no will or LPR, have dependants or those who consider they have a claim to the superannuation of the deceased applied to the court for letters of administration. Has the Court granted letters of administration or is it in progress?
Death benefit powers of attorney and nominations
- Did the deceased grant an enduring power of attorney to a person or persons who are acting as the LPR of the deceased?
- Did the deceased make a death benefit nomination prior to their death?
- Is the death benefit nomination valid in terms of the fund’s governing rules and the law?
- Was the death benefit nomination binding or non-binding on the trustee?
- If the death benefit nomination is binding, the trustee is obliged to distribute benefits as instructed by the deceased.
- If the death benefit nomination was non-binding the trustee may use discretion to distribute benefits as provided in the nomination. However, they are not obliged to distribute benefits as provided in the non-binding nomination.
Payment of death benefit lump sums and pensions
- Have dependants of the deceased as at the date of the member’s death been identified for purposes of the SIS Act and Regulations?
- Was the deceased in receipt of a pension at the time of their death which provided a reversion to a dependant?
- Did the deceased make a valid reversionary pension nomination in accordance with the governing rules of the fund?
- Has the trustee made a decision concerning the distribution of death benefits to the dependants of the deceased or to their estate via their LPR?
- Are the member’s death benefits required to be paid as lump sums or pensions?
- Has more than an interim and final payment been made to the dependant as a lump sum?
- Was a pension payable to the surviving spouse if the deceased and surviving spouse were both under age 60 at the time of the member’s death? If so, tax is payable on taxable component of the pension until the surviving spouse is age 60.
- If pensions were payable to children of the deceased who are under 18 has the child’s LPR or guardian been identified to receive the payment on the child’s behalf?
- Have lump sums payable to the executor of the member’s estate been distributed in accordance with the will of the deceased?
Have trustee minutes and resolutions been made concerning the member’s death, appointment of trustee and payment of benefits to dependants or the member’s estate?
Has the trustee received confirmation of receipt of death benefit or commencement of a death benefit pension by the dependant and/or the estate of the deceased, as relevant?
Have the trustees notified the ATO concerning the amount of tax to be paid in respect of the taxable component of any death benefit lump sum paid to persons who are not death benefit dependants, for example, adult children of the deceased?
Cloudoffis makes preparation, approvals and compliance easy with AI-powered workpapers. As Australia’s leading SaaS provider in the SMSF industry, we bring over 9 years of unparalleled experience.
Pioneers in our field, we take pride in supporting the accounting and auditing community to streamline their workflows and work more efficiently through SMSF Sorted, SMSF Auditomation and Tax Sorted.