Xero HQ - Add a Chart of Accounts for use with SMSF's (self-managed super fund)
Have a chart of accounts to be able to use for SMSF's
Daniel Harcombe
shared this idea
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Donnie Buchanan
commented
Hi all,
Yes you can do SMSF in Xero.
We build them for accounting firms.
We provide SMSF templates, charts of accounts and checklists for anyone who wants to use Xero.
See knowledge base here:
https://39731940.hs-sites.com/how-to-get-smsf-in-xero
Donnie B
donnie@entrycounts.com -
Krystil Ryan
commented
I could really use this and it shouldn't be difficult to do with only a few more extras to enable recording of members balances, contributions, earnings, and payments. BGL is out of reach for smaller firms who don't have many SMSF clients.
Please get this happening ASAP! -
May Huang
commented
We are a small firm only have small number of SMSF clients. I don't understand why we can't use Xero for property SMSF accounting. Xero should look into it, it doesn't need to be complicated.
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Robert Gray
commented
Yes we need something here. I only have a few SMSF's and it is not worth an investment in BGL. I don't need the full revaluation of investments but I need a chart of accounts tp post members balances, contributions, earnings, and payments.
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John Capaldo
commented
yes please
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Abhi Pai
commented
Having proper SMSF Accounts which show detailed member balances and account for pensions and contributions. Something to rival BGL.