AML software for Australian accountants

Does your firm need to comply?

Tranche 2 of the AML/CTF reforms extends anti-money-laundering obligations to accountants — but only where you provide a designated service under the Act. It is the service that triggers the obligation, not the client.

Commonly in scope

• Assisting to set up companies, trusts or other structures
• Acting on, or arranging, the buying and selling of a business or entity
• Managing client money, accounts or assets as part of a designated service

Not a designated service on its own

General tax return preparation, routine bookkeeping and ordinary advisory work do not, by themselves, trigger AML/CTF obligations. The distinction matters — and OneHQ is built to record it per client, rather than treating your whole list as one flag.

What OneHQ’s AML module does

AML lives on the main rail beside your jobs and files — same list, same worklist grammar. A matter behaves like a job; a person is a record you identify once and re-screen as needed, drawn from your existing client list rather than typed again.

Bring your existing clients across in one pass

You don’t click through two thousand clients. A bulk migration writes an individual record per client, distinguishing a well-established assessment from clients whose identity was checked in a prior system — never pretending everyone before today was verified. Recent arrivals are set aside so their ID actually gets checked.

Built in, not bolted on

Most firms answer Tranche 2 by buying yet another subscription — a standalone KYC or screening tool that doesn’t know your client list, your groups or your jobs. That’s the exact problem OneHQ exists to remove.

• One client record. The person you screen is the client you already hold — identity carries across, so you never ask for what OneHQ already knows.
• One place to look. A client’s AML status sits on the same record as their jobs, calls, emails and documents.
• One less bill. The AML module is included in OneHQ. Checks run through Global Data and are charged per use on your OneHQ invoice, not by a separate provider: $5.50 + GST per ID check, 100 PEP checks a month included then $0.50 + GST per check, $18 + GST per ASIC search.

AML is the boring bit. It rides on the best part.

Nobody chooses their practice software for the money-laundering module. They choose it because it makes the whole day lighter — and AML happens to come along, done properly, with no separate subscription. Only the checks themselves are charged, per use.

In OneHQ a client’s AML status sits on the same record as every call, email, SMS, signature and job. One list grammar across the whole app, one search bar, one screen that shows the next action instead of a wall of buttons. When a client rings, their entire story is already in front of you — compliance included — before reception transfers the call.

Frequently asked