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Mclowd User Guide for SMSF Trustees

Navigation: Existing Fund: Opening Balances > Assets

New Holding Only vs with Parcel

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Having selected an Asset Type, you be asked to choose whether to create a New Holding only or a New Holding and Parcel.

Usually, you would select New holding and new parcel, as New holding only does not let you record any actual share ownership.

Creating a New Holding Only will not add to the value of your Investments.

AddAsset_NewHoldingandparcel

 

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