“This product enables accountants to enhance their client value proposition — it makes tracking CGT easy and has sophisticated reporting that clients will love,” said Mr Forbes.

“SuperMate Portfolio works hand-in-hand with our SMSF software, allowing users to administer both SMSFs and Portfolios on one platform, leveraging time-saving features and ways of working across both products.”

The software, which is set to be unveiled on 30 November 2022 during an online event, uses the same technology as SuperMate.

The live event will include the end-to-end processing of a portfolio, a demonstration of the automated document data extraction power of DataHero and an overview of reporting and branding capabilities.