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Completing the tax distributions table
Continue inserting data into the Trust Distributions Table until details of income from all Trusts, Managed Funds, etc. are complete.
Mclowd will calculate the Total Distribution for each column and display it at the bottom of the Table.
When you are satisfied that all data has been correctly entered choose the SAVE button at the lower left of the screen.
Mclowd will display the message “You have successfully saved Trust Distribution values” and provide buttons for you to optionally Export to Excel, Print the table, or Download as PDF. It is recommended that you either print a copy, export to Excel or Download a PDF copy for your Fund auditor and to retain in your Fund records. Choose BACK TO YEAR END PROCESS at top right of the table to return to the Year End Processing Steps menu and progress to the next step (Tax Profile).