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Mclowd User Guide for SMSF Trustees

Navigation: MANAGING ASSETS > Asset Disposals

Disposal of Derivatives

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To record disposal of a Derivative, select the ASSETS tab, then click the ASSET DISPOSAL button, select the Account, and choose the Asset.

If you choose a Derivative Asset for disposal, Mclowd™will display this screen:

 

 

AssetDisposal_Derivatives

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In this instance, price per unit is entered rather than total yield from the sale. Mclowd will calculate the total yield, deduct transaction costs incurred in the sale, and display the total proceeds.

 

Click  DISPOSE OF ASSET  to save.

 

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