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Mclowd User Guide for SMSF Trustees

 

If you select Derivatives as the Asset type, Mclowd™will display:

AddAsset_derivatives

 

NOTE_small

The Asset Type field displays a drop-down list.
 
lib:\\AddAsset_derivatives_selecttype.PNG
 
All options except Equity Options are greyed and unavailable.
 
Currently, the only Derivative type supported by Mclowd™is Equity Options. The list has been included here to facilitate future development.
Please contact Mclowd™support staff for advice of a work-around if your fund holds other types of Derivatives.

 

When entering the cost, enter the Premium only, and separately enter any associated transactions costs.

Mclowd™will calculate and display the Capitalised cost base.

 SAVE ASSET  to return to the assets list, or  SAVE & ADD ANOTHER  if you have another asset acquisition to enter.

 

 

Copyright Mclowd Pty Ltd 2018