For many of NowInfinity's clients, the end of the financial year means the creation of Trust Distribution Resolution or Minutes. You will find in your Saved Documents page, that NowInfinity has auto-generated Trust Distribution Resolution or Minutes for you in Draft status.
NowInfinity will have generated these Trust Distribution Resolution or Minutes for you if:
- There is an active Discretionary Trust in your Trust Register.
- No Trust Distribution Resolution or Minutes have been ordered for the Trust in the past 3 months.
- The Discretionary Trust ordered a Trust Distribution Resolution or Minutes last year
If you wish to use these documents, you will need to complete the interview form for the documentation to be generated. If you do not require these forms, you can delete them through the Saved Documents page via the bin icon. For more information click here.
Fixes and Enhancements
- Integration Updates: Removed Xero HQ and MYOB from the list of available integrations.
- Annual Statement Cover Letter: Improved the %INFORMALNAME% merge field to automatically populate the Director’s first name if no preferred name is recorded.
- Officer Name Discrepancy Notification: Updated the banner displayed on Company Profile pages to more clearly indicate issues with officer name formatting that may prevent updates from being received.
- Legal Document Signing: Modified the "Completed Signing" banner to remove the “ready for lodgement” message for greater accuracy.
- Annual Pension Payment Calculations: Enhanced calculations to support prorated pension amounts, taking into account the Director’s age, pension commencement date, and the applicable financial year.
- Form 361 Signing Date Issue: Resolved an issue where the signing date was not displaying in the “Date signed” column on the Lodgements page following electronic signing.