SMSF is live for Australian practices. Meet your new workforce
QUESTIONS, ANSWERED

A little clarity.
Before we begin.

How the service works, what you keep control of, and what happens next.

The service

What is TruePaper?

TruePaper is the AI workforce for accounting practices. AI-powered software and experienced accounting professionals take on production work across the accounting workflow, starting with SMSF, and return it for your team's review. Every file is checked by an accounting expert before it is returned. TruePaper is not software your team has to operate, and it is not traditional outsourcing: AI does the production work, and experts check it.

Who checks the work before it comes back to us?

An experienced TruePaper SMSF specialist checks every completed file, including the accounting, financial reports, workpaper and exceptions, before it is returned. Your team then reviews and approves.

What is included, and what stays with us?

We complete the accounting in your SMSF platform, prepare the financial reports, member statements, workpaper and annual return, and check every file. When documents are missing, we tell you exactly what to request and help prepare the requests. Your practice keeps the client relationship and trustee contact, final review and approval.

Can you handle peak season?

Yes. Our AI agents do the volume work, so capacity does not depend on hiring more preparers. We agree volumes and timelines with you ahead of the busy months.

How is TruePaper different from our current outsourcing provider?

The work is prepared by AI and checked by specialists. Each assessed item shows an outcome and explains what the evidence supports. Where review is required, we identify the specific difference, gap or question and the relevant document and page. Your reviewer starts with the reasoning in view.

Does TruePaper only prepare the SMSF workpaper?

No. TruePaper completes the accounting work in your SMSF platform, generates the financial reports, prepares the workpaper and documents the supporting evidence. Your team then reviews the completed work, applies professional judgement and approves.

Your workflow

What does our practice provide?

Your practice provides the available source documents and relevant fund context. You do not need to prepare the financial reports or workpaper before sending the work to TruePaper.

Which SMSF platforms can TruePaper work with?

TruePaper can complete the accounting work in Class, BGL Simple Fund 360 or SuperMate, subject to agreed access and your practice's procedures. These platforms remain the systems of record.

Do I need to prepare the files before sending them?

No. Send the source documents as they are. There is no need to rename, split, sort or rearrange them.

What does TruePaper produce?

TruePaper returns the completed accounting, the financial reports and a structured, source-linked workpaper. For assessed items, it documents what the available evidence supports and flags limitations, conflicts or gaps for review. Once reviewed, the workpaper can be exported as a linked PDF for audit.

Is TruePaper just linking documents?

No. A link shows where the evidence is. TruePaper completes the accounting, prepares the financial reports and workpaper, and documents the evidence assessment so the reviewer can see what the evidence supports and what still needs attention.

What happens when evidence is missing or conflicting?

TruePaper explains the limitation, conflict or unexplained difference, and sets out what the reviewer needs to check. Relevant document and page references provide a route through the evidence. Your team resolves the open point and makes the professional decision.

What assessment outcomes does TruePaper use?

An assessed item may be marked Supported, Supported with caveat or Review required. Items without a recorded evidence assessment are marked Not assessed. These outcomes guide workpaper review and are not an audit opinion.

How does TruePaper help reviewers and auditors?

Reviewers start with the accounting completed, the financial reports prepared, the workpaper organised and the evidence assessment documented. Auditors can follow assessed items to the relevant supporting documents without rebuilding the evidence trail.

Trust & security

Does TruePaper make the audit decision?

No. Your team reviews the work and resolves open matters. The auditor inspects the evidence and makes the independent audit decision.

How is customer data protected?

Customer documents and primary application data are stored in Australia. TruePaper uses encryption, access controls, audit logging and controlled infrastructure changes. Customer data is not used to train general-purpose models. Further details are available on our Security page and through our security pack.

Is TruePaper ISO 27001 or SOC 2 Type II certified?

Both assurance programmes are in progress. ISO 27001 certification is targeted for 30 November 2026, and the SOC 2 Type II report is targeted for 31 March 2027. These are target dates, not current certifications.

Getting started

Can we try it before committing?

Yes. Your first two funds are free. Start a free pilot and compare the quality, review time and turnaround with your current process.

How long does the work take?

Turnaround depends on the size and complexity of the fund. We agree turnaround for your funds during the pilot.

How much does TruePaper cost?

TruePaper is one flat price per fund, whatever the fund's complexity. No FTE contracts. Your first two funds are free as a pilot, and the flat price applies after that.

How do I get started?

Start a free pilot on two of your own funds. Talk to the founders or email hello@truepaper.ai , and we will agree the funds, the timeline and what we will measure.