Præmium - Services
V-Wrap: Key Features
Asset Coverage
All asset types are catered for, including:
- ASX listed securities, exchange traded options and warrants
- Unlisted managed funds
- Private investments
- Investment property
- Fixed interest investments
- International investments¹
Reporting Range
V-Wrap delivers a comprehensive range of portfolio reports including:
- Transaction
- Valuation
- Realised CGT
- Unrealised CGT
- Income and Expense
- Holding Performance
- Portfolio Performance
- Foreign Exchange
Badged under your own practice name, V-Wrap reports can be produced in a variety of formats, including screen, printer, Word, PDF and Excel.
Capital Gains Tax (CGT) Processing
In addition to the capital gains tax reporting, V-Wrap allows you to easily assess different calculation methods and ensure the best CGT outcome for your client.
- You can select whether to minimise or maximise gains, manually select parcels or use FIFO to allocate purchase lots against sell transactions. You can also easily switch between methods to assess the impact on your client's gains and losses
- Optimised capital gains tax processing ensures correct parcels are selected depending upon the allocation method chosen
- A ‘what if' scenario modelling tool enables you to assess the capital gains impact of proposed disposal transactions prior to taking action
Portfolio and CGT position reconstruction
V-Wrap provides advanced tools to help reconstruct portfolios and capital gains tax details.
Once you have entered a client's historic transaction details into the system, V-Wrap recalculates the portfolio to the nominated date, overlaying all historical corporate actions that relate to each security recorded in the portfolio. V-Wrap predicts the current portfolio and allows you to compare it against the client's actual current portfolio and make corrections against each transaction or portfolio holding as required.
Once the client's portfolio has been reconstructed, you can then prepare accurate tax reports for your client.
Billing Functionality
V-Wrap provides you with a flexible and transparent billing process enabling you to:
- Create unique billing structures for each portfolio via multiple fee tables
- Manage once off, fixed, percentage, tiered and pro-rata fee structures
- Establish your own fee codes and descriptions
- Group related portfolios for the purposes of calculating and invoicing fees
- Add your own logo or letterhead
- Produce invoices in PDF, CSV or Rich Text Format
- Produce invoices individually or in bulk
¹ Additional charges apply for international investments