Allocating contributions from suspense (legacy method)

Mclowd provides users with two options in terms of suspense allocations:

• A legacy interface (available to all users)
• An upgraded tabular interface which supports faster transaction processing (access to which is restricted to Pro and Premium users only)

**NOTE:

• The suspense allocation function – in either mode – is not suitable for adding a new property or any additions to that property.
• That should be done only via the Add New Asset or Assets screens
• However the interface is suitable for allocating property-related rental income and deductions

The balance of this article deals with the legacy interface.

If you have successfully imported the bank data:

• Choose Suspense Allocation Legacy from the Transactions menu
• You will then see the Allocate Suspense Entries screen

From the Suspense Account Allocation screen you will see a list of transactions that are available for allocation.

The following example shows how to deal with contributions.

In the relevant row, you need to:

• Click the Please select button against that contribution transaction
• You will see a drop-down list of Income, Expenses, and Other categories
• Select Contribution

• You will then see the Add Contribution screen.
• Click Please select next to On Behalf Of if there is more than one member. If there is only one member, then the member will be pre-selected. In this case, the correct member in this example is Zoe Flinstone.
• The rest of the contribution information is pre-filled except for Contribution type.
• Click the Please select button against the Contribution type.
• Click Please select against Contribution type and select the relevant Contribution type from the drop-down menu.

Note:

• If required, you can change the Description

Select ADD CONTRIBUTION once you are satisfied with the information on the screen.