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BGL

Cointree has partnered with BGL to simplify cryptocurrency administration and compliance for Self-Managed Super Funds (SMSFs). This integration brings together Cointree’s easy-to-use crypto exchange with BGL’s leading SMSF administration software, Simple Fund 360, making it easier for trustees and their accountants to manage crypto assets within an SMSF.

About BGL

With 35+ years of experience and ISO 270001 certification, BGL Corporate Solutions (BGL) delivers innovative, multi-award-winning company compliance, self-managed superannuation fund, investment management, identity verification and AI-powered paper-to-data software solutions to 12,700+ businesses maintaining 1.5 million+ entities worldwide.

BGL's Simple Fund 360 software is used to administer almost 50% of Australia's self-managed super funds, cementing its position as a market leader.

With 400+ data feeds and Ecosystem partners across its product suite, BGL is committed to partnerships that help clients work smarter. BGL clients include all major accounting firms, law firms, many listed and private company groups, accountants, financial planners and many individual SMSF trustees.

How the Cointree and BGL Integration Works

As BGL's first crypto partner since 2020, the integration between Cointree and BGL's Simple Fund 360 streamlines the process of managing cryptocurrency investments for SMSFs. It helps keep track of all relevant Capital Gains Tax (CGT) and crypto trading events, ensuring your SMSF remains compliant.

  1. Simple Transaction Download: Easily download a transaction file directly from your Cointree account.
  2. Seamless Import to Simple Fund 360: Import the Cointree transaction file into Simple Fund 360 using the BGL File Import function within the Wraps and Platforms screen.
  3. Automated Reporting: Simple Fund 360 automatically processes the imported data, simplifying your SMSF reporting obligations for cryptocurrency assets.

This partnership empowers SMSF trustees and their accountants with a more efficient and accurate way to manage and report on digital asset investments.