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Junior Member
Group: Forum Members
Last Login: 13/12/2008 4:05:17 AM
Posts: 4,
Visits: 35
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| I am new to MySF and need to record after tax contributions for a member. Can you please clarify whether I should use 4640 Member Contributions - Undeducted or 4648 Member Contributions - Non Concessional and what are the differences between these.
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MySF Administrator
Group: Administrators
Last Login: Yesterday @ 5:53:34 PM
Posts: 90,
Visits: 363
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Hello,
The most common account that is used is 4640 Members Contributions - Undeducted but you need to determine from your financial advisor/accountant as to what the status of the transaction is.
Please let us know if you require further assistance.
Best Regards,
MySF
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