Reimagine your end-of-year preparation process with our new Workpapers solution.
Now free and exclusive for Class users, Powered by Cloudoffis
We’ve partnered with Cloudoffis to offer you an innovative Workpapers solution – fully integrated into your Class ecosystem – for free.
The Class + Cloudoffis integration helps you revolutionise your SMSF practice and gain efficiencies.
Class Workpapers, Powered by Cloudoffis – Free and exclusive for all Class users
Class Workpapers powered by Cloudoffis exclusively supports Class accountants and administrators in end-of-year preparation on the cloud. With this innovative solution, you can organise and reference documents and then securely and easily collate and send for audit.
Save an average of 28 mins per workpaper pack*
Collating Workpapers & Sending to Auditor
- Print, compile and re scan Workpaper pack, or
- Using PDF software, combine files and build links
- Upload files to auditor portal or their DMS of choices
Send Via Email
Average Time: 30 mins
Class Workpapers solution
- 1 Click transfer audit job ( All data and docs from Class will be sent as an audit job to you Cloudoffis auditors portal)
Non Cloudoffis Auditor
- 1 Click generate PDF Workpaper pack including financials and Class Reports and hyperlinked Source docs, send or upload to auditor
Average Time: 2 mins
Need more? Explore SMSF sorted pro – paid version with advanced capabilities
Sorted Pro will provide greater file preparation capability, fund dashboards, access to AI generated reconciliations, practice management insights, communication and query management tools, compliance checks and more. SMSF Sorted Pro includes everything in SMSF Sorted Lite, plus:
Reduce up to 80% of document handling*
Document Organising and Referencing
- File individual or combined PDFs to drive or DMS (build out folders manually)
- Prepare/import lead schedules and summaries in Excel or Print Class Trial Balance to use as lead schedule.
- Reference accounts or trial balance to source documents. May be physically referencing paper files or digitally building hyperlinks.
- Update/re-start references and workpapers as data changes.
Average Time: 2-3 hours
Class Workpapers solution
- DMS created based on chart of accounts
- Upload individual or a single unsorted PDF (Not in a particular order).
- Optical Character Recognition (OCR) software is run over all required documents in minutes to create readable and searchable data.
- Either open and bookmark docs, linking to accounts or simply Search closing balance, quantity or account name.
- An account level document Hyperlink is presented to Class user with link opening to reference point of PDF
- Data live/refreshed in Class to prevent re-works
Average Time: 45 mins
Class is proud to partner with market leader Cloudoffis. Cloudoffis not only automates the entire manual SMSF process outside of the SMSF admin software providers but also provides highly intuitive and intelligent tools to enhance and Accountants and Auditors’ ability to conduct critical analysis and streamline their process.
Source: *Cloudoffis, 2021