Track wealth held in trusts, companies and SMSFs.
Worthbase is a family trust investments tracker and SMSF portfolio tracker in one: it records trusts, companies, self-managed super funds and partnerships as owners alongside the people in your household, with exact ownership splits, net worth for each entity, and cost bases and gains for each owner. Think of it as family office software sized for a household.
Why track entities in one balance sheet?
When some of your wealth sits in a family trust, some in a company and some in a self-managed fund, each has its own statements, and its own accountant's view. You still want to know what the family is worth, and what each entity is worth on its own.
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Entities as owners
Add a trust, company, SMSF or partnership as a party. Any asset or loan can be owned by one or split between several owners by exact percentage.
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Net worth per entity
Ask for the household total, or for one owner: the trust's net worth, the company's holdings, the fund's performance.
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Separate workspaces, separate people
Keep an entity in its own workspace and share it only with the people who should see it, such as your accountant for the trust. Have as many workspaces as you need and see your net worth across all of them.
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Roles you control
Invite each person as viewer, editor or admin. Invitees join free, and every change they make is audited.
Grouped by party (illustrative figures):
Cost bases and gains for each owner.
When an asset is split between owners, each owner's share of the cost base, the realised and unrealised gains and losses, and the proceeds of a simulated sale follow the exact ownership split.
Exact cost bases
Lots are tracked FIFO by default, or you pick specific lots. Buy fees go into the cost base and sell fees come off proceeds.
Gains per owner
Realised and unrealised gains and losses per holding and per sale, split by owner: a person, a trust, a company or a fund.
Simulated sales
Ask what a sale would do: proceeds, the lots used and the gain or loss for each owner. Nothing is written.
Worthbase reports gains and losses, not tax. How each entity is taxed is a question for your accountant.
Questions for each entity.
Trusts and companies questions.
Do I need a separate plan for a family trust?
No. There's one plan, and it includes trusts, companies, SMSFs and partnerships as owners and as many workspaces as you need. See pricing.
Is Worthbase accounting software for my trust or company?
No. It doesn't produce financial statements, calculate tax, lodge returns or keep a general ledger for the entity. It tracks what each entity owns and owes, its gains and its performance, so you and your accountant have accurate figures to work from.
Can my accountant see only the trust?
Yes. Put the trust in its own workspace and invite your accountant to that workspace only, as a viewer or editor. They join free and can't see your other workspaces.
Does it work for companies and trusts outside Australia?
Yes, for tracking. Ownership splits, net worth per entity, cost bases, realised gains and performance work in any country and currency.
Let your AI keep the books.
Worthbase tracks everything your household owns and owes, prices it daily and does every calculation exactly. Connect it to Claude or ChatGPT in two minutes.
