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SSAS Solutions with L & P Systems

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Our SSAS system enables you to fully administer your schemes, allows scheme members to have a diverse portfolio of assets that they may invest in at different rates, and provides you with a concise picture of the whole value of the scheme, broken down by member.

  • Scheme Management

    Within each scheme you will have a variety of assets. This for example is a property that is jointly owned by the members of the scheme. On this screen we hold a history of the valuations of the property and we can see what proportion of the property is owned by which members of the scheme.

    Asset Management

    Here’s another asset, this time an investment. As you can see the members asset split is more complex. This is because they are free to invest into this fund whenever they individually choose, and when they do their proportional split of the total value is updated.

    Simple Navigation

    You can navigate around all the screens on the system with a simple menu box

    Transaction Management

    The Income screen reflects cash that is coming in and out of the scheme bank account. As you can see, each type of transaction has its own code. This makes end of year accounting simple. Also, you’ll see that transactions may impact on the whole scheme or individual members.

    Transaction Management

    You can set up known transactions, for things you know are going to happen regularly, so that data can be entered automatically, and you can easily see when it’s time to chase things up.

    Here’s one for a recurring a mortgage payment. You can again see the total amount and the amount it will move each member’s cash balance by.

    Transaction Management

    And here’s one for an ad hoc loanback that might be set up

    Individual Member Control

    You can check on an individual member’s cash movements

    Individual Member Assets

    And also the total value of their assets

And at any time you can click the benefit statement button and get a report of the full picture of the scheme at any date.

Test SSAS

Principal Employer - Test SSAS

Scheme Administrator - L & P Systems

Account No/Plan No

Sort Code

Value

As At

cash                                             

                   

  -  - 

£4,510.00

06/12/2019

Equity Plan                                      

1234               

       

£430,000.00

01/06/2018

The warehouse                                    

1                  

       

£1,500,000.00

01/03/2020

the office                                       

                   

       

£300,000.00

01/01/2015

Total

£2,234,510.00

Mr T One

Account No/Plan No

Value

%

Members Share

cash                                             

                   

£4,510.00

75.67

£3,412.75

Equity Plan                                      

1234               

£430,000.00

20.93

£90,004.31

The warehouse                                    

1                  

£1,500,000.00

30.00

£450,000.00

the office                                       

                   

£300,000.00

50.00

£150,000.00

Total

£693,417.06

Miss T Two

Account No/Plan No

Value

%

Members Share

cash                                             

                   

£4,510.00

-16.48

-£743.20

Equity Plan                                      

1234               

£430,000.00

57.08

£245,444.38

The warehouse                                    

1                  

£1,500,000.00

45.00

£675,000.00

the office                                       

                   

£300,000.00

50.00

£150,000.00

Total

£1,069,701.18

Ms T Three

Account No/Plan No

Value

%

Members Share

cash                                             

                   

£4,510.00

40.81

£1,840.45

Equity Plan                                      

1234               

£430,000.00

21.99

£94,551.32

The warehouse                                    

1                  

£1,500,000.00

25.00

£375,000.00

Total

£471,391.77

SCHEME TOTAL

£2,234,510.01

Income

Annual

Monthly

Quarterly

rent for warehouse                               

£14,400.00

£1,200.00

£3,600.00

monthly pension payment                          

£12,000.00

£1,000.00

£3,000.00

rent for office                                  

£4,800.00

£400.00

£1,200.00

Total Available to Cover Outgoings

£31,200.00

£2,600.00

£7,800.00

Outgoing

Annual

Monthly

Quarterly

Mortgage for warehouse                           

-£12,000.00

-£1,000.00

-£3,000.00

Bond purchase                                    

-£6,000.00

-£500.00

-£1,500.00

mortgage for office                              

-£6,000.00

-£500.00

-£1,500.00

Total Outgoings

-£24,000.00

-£2,000.00

-£6,000.00

SCHEME TOTAL

£7,200.00

£600.00

£1,800.00

Mr T One

Annual

Monthly

Mortgage for warehouse                           

-£3,600.00

-£300.00

mortgage for office                              

-£3,000.00

-£250.00

rent for warehouse                               

£4,320.00

£360.00

rent for office                                  

£2,400.00

£200.00

Total

£120.00

£10.00

Miss T Two

Annual

Monthly

Mortgage for warehouse                           

-£5,400.00

-£450.00

mortgage for office                              

-£3,000.00

-£250.00

rent for warehouse                               

£6,480.00

£540.00

rent for office                                  

£2,400.00

£200.00

Total

£480.00

£40.00

Ms T Three

Annual

Monthly

Bond purchase                                    

-£6,000.00

-£500.00

Mortgage for warehouse                           

-£3,000.00

-£250.00

monthly pension payment                          

£12,000.00

£1,000.00

rent for warehouse                               

£3,600.00

£300.00

Total

£6,600.00

£550.00

Benefit Certificate Report

Run Date : 01/06/2020

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