This step distributes the income and expenses from unsegregated assets of the fund to members based on the Members’ Weighted Average (MWA) balances.
The calculated MWA percentage can be overridden if an alternative method of distribution is to be used. Simply type a new percentage into the Override column.
The Total of percentages for all members must equal 100%.
If you make an error when Overriding, click the RESET button to reset to Mclowd's calculated values.
When you click the ALLOCATE P&L button, Mclowd™asks you to confirm that you wish to allocate Pooled Net Profit to Individual Member Accounts.
