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Mclowd User Guide for SMSF Trustees

To add new interest on Hybrids, click the INCOME tab, then click the ADD NEW INCOME button.

IncomeMenu

Select the Account to which this interest income accrues (the Fund, or an individual member account).

SelectMemberAccount

NOTE_small

In some Funds, individual members may hold segregated assets. For example, a member may have chosen to invest in a particular Term Deposit that other members view yielding inadequate returns. In this case, the investment can be made from the Member’s account, and all income from that investment will accrue to that Member’s account.

 

Select the Asset from the drop-down list presented by Mclowd.

Income_interest_hybrids

Mclowd displays:

Income_Interest_hybridsform

Click SAVE INCOME.

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