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Distribution reinvestment

To record distribution income reinvested by a Fund, choose the INCOME tab, then choose the ADD NEW INCOME button.

Choose the Account to which this income accrues (the Fund, or an individual member account).

Select the Asset that generated the distribution.

On the Add New Income screen, you will need to do the following to add the reinvestment:-

  • Choose Reinvestment from Income Type
  • 1-1064 Distribution Reinvestment Plan Balance will auto select at Add to account
  • Enter details like dates, amounts, units
  • Choose SAVE INCOME