I have a super fund with the usual shares, hybrids, property trusts and term deposits. Currently I’m using spreadsheets. Is there a relatively inexpensive software to manage my investment income?
Answer: There are a number of general computer accounting packages that can be used to handle the accounting requirements for an SMSF. These include QuickBooks, MYOB, and Xero. Unless you are very familiar with accounting principles and computer packages it would be best if you paid someone to set up the package for you.