Fedix for SMSF accountants

FediPilot does the tax return itself in LodgeiT or Xero Tax: it reads the client's documents and prepares the workpapers, and the accountant takes a quick look before it is lodged. Fedix Practice Manager covers onboarding, engagement, quotes, invoices, documents, e-signatures, tax-return management, notes and jobs. MyLedger prepares the ledger, working papers and Special Purpose Financial Reports. Neither Practice Manager nor MyLedger lodges; nothing is lodged without the accountant's approval.

An SMSF practice keeps the fund's books, allocates results to members, prepares the year-end papers and passes them to the auditor. The jobs below cover the preparation side.

The jobs and the features that cover them

Keep a ledger for each fund

Client ledgers list: List, search and open your clients' ledgers, including clients brought across from Fedix, and set the client you are working on.
Add and manage client ledgers: Create a client ledger directly in MyLedger, update its details and remove it when it is no longer needed.

Allocate the result to members

SMSF member allocation: Allocate the fund's result across members, with checks including pension minimums.

Prepare the year-end working papers

Working papers hub: One tabbed page per client for year-end schedules: checklist, GST, tax return labels, depreciation, amortisation, Division 7A, FBT, investment income, distributions, franking, dividends, SMSF and more.
Year-end tax checklist: An entity-specific tax checklist for each year, with attachments, reset and a follow-up email to the client.
Investment income register: A register of interest, dividends and distributions for the tax return's investment income schedule.

Request missing documents and track the file

Client request pack: Save a preparation summary and preview, edit and send the email asking the client for exactly what is missing for their individual return.
Jobs board: A kanban board and list of every job in the practice, with filters and a workflow stage for each job.

What stays with the accountant

The accountant reviews every allocation and working paper; AI output is always paired with accountant review.
The fund's auditor does the audit; Fedix does not audit and does not replace the auditor's work.
Nothing is lodged by Practice Manager or MyLedger; the accountant approves any filing step.

What Fedix does not do

Practice Manager and MyLedger do not lodge: lodgement stays in the lodgement software your practice chooses, and nothing is lodged without the accountant's approval.
Fedix is software, not a registered tax agent: the registered agent reviews and lodges.
FediPilot runs on the practice's own ChatGPT or Claude account, which Fedix does not supply.
Fedix does not give investment or compliance advice to a fund or its trustees.

This page describes Fedix features as of 2026-10-30. It does not state tax law: check ato.gov.au for the rules that apply to your clients. Fedix is developed by Tax7 R&D Pty Ltd.