MySF Forums / MySF - The Application / The Wishlist / Distribution Components / Latest PostsInstantForum.NET v4.1.4MySF Forumshttp://mysf.com.au/members/info@mysf.com.auWed, 08 Feb 2012 07:42:57 GMT20<link>http://mysf.com.au/members/Topic3231-27-1.aspx</link><description>This approach is also OK, but you will have some items on your bank reconciliation that do not match the actual bank activity. This is not a serious problem as the software does not require you to perform bank reconciliations.Regards,MySF</description><pubDate>Thu, 07 Jun 2007 21:45:27 GMT</pubDate><dc:creator>MySF2</dc:creator></item><item><title /><link>http://mysf.com.au/members/Topic3231-27-1.aspx</link><description>I am obviously missing something here. All I have done in these situations is used my existing bank account but altered the date for the transactions to the 30/06. As at the 30/06 they appear on my bank statement as unreconciled items. I had then thought that when I got to the date in the new year that they appear on the bank statement I would be able to reconcile them.Is there something that happens in a rollover that I am not aware of as I haven't done one yet!</description><pubDate>Thu, 07 Jun 2007 21:45:27 GMT</pubDate><dc:creator>John F</dc:creator></item><item><title /><link>http://mysf.com.au/members/Topic3231-27-1.aspx</link><description>Hi,The best solution is to set up a clearing account as you have described.Regards,MySF</description><pubDate>Thu, 07 Jun 2007 21:45:27 GMT</pubDate><dc:creator>MySF2</dc:creator></item><item><title /><link>http://mysf.com.au/members/Topic3231-27-1.aspx</link><description>Yes, this has been added to the new update and is currently being tested.Please note that you will still need to enter the information to complete the entry before you do the end of year rollover, as the tax consequences of dividends and distributions have an effect in tax calculations for the fund at the end of year.You will still be able to enter data for the new year before doing a rollover by changing the dates under File &gt; Settings &gt; Financial &gt; Current Financial Year, and then changing it back when you are ready to do the end of year processing.Regards,MySF</description><pubDate>Thu, 07 Jun 2007 21:45:26 GMT</pubDate><dc:creator>MySF2</dc:creator></item><item><title>Distribution Componentshttp://mysf.com.au/members/Topic3231-27-1.aspxJust wanted to check when you are likely to issue an upgrade that can handle during the year distributions where the tax elements are not known until after June 30th. This has been the subject of earlier requests by myself and others and you advised that there would be an upgrade in early 2007, which would enable the entering of distributions as receipts during the year and and the subsequent total year taxation compnoents which become available post June 30thSat, 21 Apr 2007 03:53:12 GMTBrelades