Photo goes here. Michael Farrell DIRECTOR ACCOUNTANTS

Transcription

1 Accountants update

2 Photo goes here Michael Farrell DIRECTOR ACCOUNTANTS

3 Agenda Accountants Portfolio Update 50 minutes Colin Walker 15 minutes Tax Update 10 minutes Close 5 minutes

4 Accounting Financials Compliance Practice Client

5 Sage HandiSoft is a complete practice solution designed specifically for Australian Accountants and Tax Agents. Sage HandiSoft includes a comprehensive suite of modules to run your entire practice, connecting compliance, productivity tools and client accounting to boost firm efficiency and productivity. We have been creating professional practice software since More than 7,000 tax agents, lodged more than 6 million tax returns in 2017 with Sage. Current 2017 v2.02 Next version Standard Integrated Functionality Number of Customers March 2018 v2.03 FBT Practice, Time + Billing, Tax, Document, Client Portal, Ledger, Client Portal, Workpapers, Bankfeeds, Accounting 7,500+ Customers

6 Product pathway User experience improvements and elimination of pain points such as installation, upgrades, and data security Connected cloud apps and integration to Sage Business Cloud and Sage Accountant Cloud providing everything that s needed to manage your clients and a growing practice. Compliance updates including SBR integration to enable better client on boarding

7 Recent deliverables Previous Releases Simpler BAS Tax Time 2017 SBR Functionality Workpapers 2017 Current Release Client Portal user enhancements Connect electronic signatures functionality BankFeeds has 2 new banks Sage HandiTax Cloud connectivity Compliance Connected cloud applications

8 Compliance Practice Client Now Next

9 Automation and error free processing with ATO and Google address prefill data Digital access to client and tax information anywhere anytime

10 DEMO Sage HandiTax Cloud

11 Compliance Practice Client Now Next

12 Vanessa: I have a lodgment deadline and the company s two directors are out of town, the financials and return need to be reviewed and signed off urgently Enhanced client engagement Paperless document sharing and storage Electronic signatures

13 DEMO Document Manager / Client Portal

14 Compliance Practice Client Now Client Portal enhancements Next

15 Sage Final Accounts Online Connects to clients online accounting system Sage Business Cloud Import Trial Balance from any client system Produce compliant accounts for your clients, quickly and easily Enjoy a hassle-free way to work with your SME clients

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17 Compliance Practice Client Now Next

18 Compliance Practice Client Now Next

19 Andrew: Partner at Baker & Swift I m concerned about the firm s productivity and making sure we stay on top of outstanding WIP High Performing, Integrated, Data Driven Business

20 Compliance Practice Client Now Next

21 Andrew: I want access to my Practice Software anywhere anytime. I also want to outsource management of my infrastructure. Data is stored within an independent cloud server (not shared) within a secured ISO accredited Data Centre located in Australia Back ups, maintenance of firewalls, antivirus and all updates are included Service your clients onsite with anywhere anytime access

22 Compliance Practice Client Now Next

23 Compliance Practice Client Now Next

24 Andrew: I need access to data to help me provided value added services to my clients. High Performing, Integrated, Data Driven Business

25 DEMO Sage Data Hub

26 Easily connects to all other data-sources used, both internally or externally in the cloud. Provides easily accessible analytics across your practice, from anywhere, anytime. LOB Cloud Holistic Insight Big Data IoTs Sage Data Hub Client Data Practice Data

27 Compliance Practice Client Now Next

28 Sage Final Accountant Accounts Cloud Online Client Manager Unified client list Direct access to client data (Sage Business Cloud) Key date management Salesforce Chatter Microsoft Outlook integration/ communication records Client-centric workflow

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30 Compliance Practice Client Now Next Client Manager Salesforce Platform

31 Support, Education and Framework Compliance Practice Client Sage Practice Growth Plan Sage University

32 The Sage Practice Growth Plan

33 The Sage Practice Growth Plan Foundational Elements Core Beliefs Context Establish your mission, vision and values to determine how you lead A journey the begins with core beliefs. Outlining your core beliefs will help you decide where you want your firm to go and where you want it to gain its competitive advantage. Explore the landscape to better predict your firm s future A journey propelled by context. Find out what s coming. Get a clear outline of the context of your work, from regulations, to customers, to your competition.

34 The Sage Practice Growth Plan Asset Elements Culture Common Language Competencies Colleagues Define your behaviours and beliefs to decide how you will evolve A journey supported by culture. Culture dictates the type of change your organization will undergo and when it will transform. It is defined by the behavior you encourage, teach and reward. Empower your firm with a strong, shared identity A journey defined by communication. Using a common language will create a strong identity and brand both internally and externally. Learn to view it in a shared light and shape its future by giving yourself a common framework to discuss business goals and results. Embrace change and gain new skills A journey that relies on competence. Excelling at your job is the reason your firm will succeed. But competencies in the age of AI will be different being future-ready with your skills will help your firm thrive. Grow your business by supporting your people A journey shared between colleagues. Your firm s success is built on the strength of your people. No matter the sector, well-trained employees are the most important component for gaining the competitive advantage.

35 The Sage Practice Growth Plan Technology Elements Collaborative Systems and Business Model Take on the technology of the future A journey powered by technology The technology you use can be the difference between getting ahead and staying behind. Adapting your business model to your technology or changing it to adapt to new technology is vital to streamlining your work.

36 For more information visit

37 Colin Walker Australian Taxation Office

38 Tax update

39 Tax update Sage One / Accounting Simpler BAS option for Sage One Accountants Edition will be available by the end of April Sage HandiTax and HandiLedger will integrate with these changes

40 Tax update Our Sage HandiTax transition from ELS to SBR is well progressed and all forms will be completed by June 2018.

41 Tax update HandiTax Release HandiTax Release ATO SBR Services Form I May-16 Jun-16 Jun-17 Jun-18 Form P May-16 Jun-16 Jun-17 Jun-18 Form C May-16 Jun-16 Jun-17 Jun-18 Form T May-16 Jun-16 Jun-17 Jun-18 Self Managed May-16 Jun-16 Jun-17 Jun-18 Form F Mar-17 Jun-17 Jun-18 Family Trust Nov-16 Jun-17 Jun-18 Interposed Election Nov-16 Jun-17 Jun-18 Cons Group Losses Jun-17 Jun-18 Activity Statements Apr-17 Jun-17 Jun-18 AS Prefill Apr-17 Jun-17 Jun-18 Form I Prefill Jun-18 FBT Mar-17 Mar-18 Jun-18 Direct Debit Jan-17 Jun-18 Trust Details Mar-18 Jun-18 Client Update CUREL Mar-17 Jun-17 Jun-18 CURNN Nov-17 Jun-18 CURADDR Mar-18 Jun-18 CUEC Mar-18 Jun-18 CUDTL Mar-18 Jun-18 CUFI Mar-18 Jun-18 HandiTax ATO SBR Services

42 Sage HandiTax Vanessa s outsourced team processes 1,000s of returns each tax time. Her team finds it time consuming using the Tax Agent Portal to access the prefill file for an Individual Tax Return.

43 Sage HandiTax Vanessa s continues to have the odd client come through who hasn t lodged a tax return for many years.

44 Compliance Practice Client Salesforce Platform AppExhange Sage Practice Growth Plan Sage University Sage Data Hub

45 Accounting Financials Compliance Practice Client Integrated Practice. Enabled

46 Sage Sessions Offer 10% OFF* when purchasing additional users or new modules * Excludes renewals

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