Xtools+ question
Changing Loan Interest Rate (Fixed to Variable): It appears that Xtools+ allows for only one interest rate change during the loan term. Could you please confirm whether it is possible to model a transition from a fixed rate to a variable rate within the same loan structure? If not, what is the recommended approach to reflect such a change? Loan Structure Conversion (Principal & Interest to Interest-Only): If a loan is initially structured as principal and interest, how should it be restructured in Xtools+ to reflect a conversion to interest-only repayments? Are there specific input fields or transaction tabs that need to be adjusted? Cash Flow Surplus/Deficit Allocation Across Periods: How does Xtools+ allocate surplus or deficit cash flow across multiple periods? Is there a way to manually override or direct surplus funds to specific uses (e.g., debt repayment, contributions) rather than default allocation? Concessional and Non-Concessional Contributions Within Cap Limits: Xtools+ currently allocates all surplus cash flow to both concessional and non-concessional contributions for the client and partner, often exceeding the annual caps. Is there a way to restrict contributions to remain within the ATO-defined limits (e.g., $30,000 concessional and $120,000 non-concessional for FY2025–26). If not, what is the best practice to ensure compliance while still utilising available surplus? Home Equity Cash-Out for Investment Property Loan: What is the correct method to model a cash-out refinance or equity release from a primary residence to fund the purchase of an investment property? Should this be entered as a new loan transaction, or is there a specific cash-out/refinance function within Xtools+ to reflect this strategy accurately?18th Sept AMA: I’m Lana Graham, Xtools+ product manager, Ask Me Anything!
Hi everyone 👋 I’m Lana Graham, Xtools+ product manager. The way you use Xtools+ is always evolving and, understandably, can come a stack of “what’s the best way to do this?” questions. That’s why I'll be live here in the Advisely AMA forum to answer your best practice questions, hear your feedback and clear up any curly ones. To spark ideas, you might want to ask about – or share your feedback on – modelling across multiple scenarios, best practice for setting up complex strategies or smarter way to handle rollovers and lump sums without messy workarounds. Drop your questions below – whether it’s something specific you’d like answered, or feedback on what would make modelling better for your advice process. I’ll be here live on Thursday, 18 September at 3 pm AEST to respond. Looking forward to the conversation! 💬 This AMA is text-based, so I’ll answer your pre-submitted questions in the scheduled time. 📆 Click here to save the date in your calendar. 🔔 Don’t forget to hit the bell in the top right corner to be notified. 🎙️ Let us know what you thought of the AMA and what topics you would like to see next here.🤓 Xplan Hint: Compare Xtools+ Scenarios
Did you know you can visually compare multiple Xtools+ scenarios side-by-side using the Compare Charts function? When presenting financial strategies, viewing the potential outcomes of different options is key to help make informed decisions. The Xtools+ Compare Charts function is a powerful tool designed for exactly this. Instead of switching between individual scenarios, you can generate a single set of charts that visually contrast the projections, making the impact of your advice immediately clear. This feature allows you to select any of your Xtools+ (CALM) scenarios and view their projected outcomes, like Net Assets, Cashflow, or Asset Allocation, on the same graph. It’s perfect for viewing 'current position' versus a 'recommended strategy,' or for comparing two different strategic options. By presenting the data this way, you create a compelling and easy to understand narrative for your clients, helping them clearly see the long-term benefits of your recommendations. It simplifies complex information and brings your advice to life in a tangible way. How to Compare Charts Navigate to CALM: For your chosen client, go to XTOOLS > XTOOLS+ > CALM. This will show you the list of existing scenarios. Select Compare Chart: At the top of the list of scenarios, click the Compare Chart button. Choose the chart you wish to compare: From the left hand menu select the chart you wish to compare Choose Scenarios: Simply tick the boxes next to the scenarios you wish to compare. Compare: Click the Compare button. View Results: The comparison chart is now visible. You can change to other charts by selecting them from the navigation menu on the left. References Iress Community - Xtools+ Iress Community - Xtools+ Compare Chart Xmerge🤓Xplan Hint: What’s that? There’s predictive search functionality in advanced searches now?
Did you know we just made it easier for you to find the field you are looking for in the search criteria field list? Predictive search is an advanced search functionality that uses smart algorithms to anticipate what you’re looking for - before you finish typing. Yes, that’s right, finding the right fields in Advanced Searches is now simpler and faster. Just start typing part of a field name and instantly see matching results to select from - no more trying to remember the field name or prefix, no more scrolling endlessly, hoping the right field will jump out at you! This improvement was driven directly by client feedback, which stated that locating fields without knowing their exact prefix was difficult and time-consuming. The new type‑ahead field search is available wherever Search Criteria is used. 💡Predictive search is now also available in the Xplan Syntax tool within the Email and Document Note editors, helping you work more efficiently.4th Sept AMA: I’m Dexter, product manager of Xplan Business Intelligence (XBI), Ask Me Anything!
Hi everyone 👋 I’m Dexter Manuel, product manager of Xplan Business Intelligence (XBI). We’re building XBI to make reporting in Xplan faster, smarter, and more useful – and I’d love to hear your questions and ideas. To get you started, you might want to ask about: The kinds of business insights you’d find most valuable to see at a glance Insights already available (CRM, Docnotes) What’s on the roadmap (Workflows, Portfolios, CommPay) How reporting could be simplified or improved in practice Drop your questions below — whether it’s something specific you’d like answered, or feedback on what would make reporting better for your business. I’ll be here live on Thursday, 4 September at 3 pm AEST to respond. Looking forward to the conversation! 🚨 Update: This AMA has now ended, but please continue to pop your questions in the discussion forums and make sure you tag me dexter.manuel 🎙️ Let us know what you thought of the AMA and what topics you would like to see next here.17th July AMA: I'm Kenny Foo, Xplan expert, Ask Me Anything!
If you want a genuine competitive edge, streamline your operations and serve more Aussies; accurate data isn’t just a nice-to-have – it’s non-negotiable. But are you following data best practices when it comes to Xplan? For example, are you segmenting clients properly? Are file notes orderly and retrievable? Do you have zero client email bounceback? If not, join me here on Thursday, 17 July from 3pm to 4pm AEST. I’ve worked with many practices to optimise processes and boost everyday efficiencies. If it’s about establishing solid data foundations, there’s a good chance I can help you do so with Xplan. I’m here to help. Don't miss out – post your questions in the thread now! 🚨 Update: This AMA has now ended, but please continue to pop your questions in the discussion forums and make sure you tag me kenny.foo 🎙️ Let us know what you thought of the AMA and what topics you would like to see next here.
Xtools+ 'other linked super contributions'
Hi everyone, Does anyone know how to delete or remove linked super contributions within Xtools+ > Individual > Cashflow > Income? I'm working on a scenario where super contributions are linked to a clients income, and I can't remove or delete them. I even tried deleting their income, but the contributions keep repopulating.. this is affecting the cash flow modelling and projections. Has anyone else run into this issue and found a fix or workaround? Thanks in advance!🤓Xplan Hint: L is for Learning
Did you know that accessing the Iress Learning Centre is now as simple as finding Help in the Iress Community? Yep, you all loved H for Help so much that we went ahead and introduced L for Learning. You saw " H for Help " and asked, “Why not have a similar feature to direct the users to the Iress Learning Centre?” We listened! This feature lets you highlight text on your current page and hold the L key (for 3 seconds) to take you directly to the Iress Learning Centre search results page. The highlighted text is automatically populated in the search bar, facilitating immediate access to relevant available topics. Give it a try!
