Mclowd™offers limited scope for deleting assets, because doing so has serious implications.
Mclowd™will permit you to delete an asset that was entered in the currently open year and has no transactions entered against it. If you have entered transactions against an asset, you must delete the transactions before you can delete the asset.
If the financial year in which you acquired the asset has been closed, or if it was an opening balance asset and you have closed the opening year, you will need to reverse the roll over and reset relevant data to delete all journal entries related to calculated capital gain/loss before you can delete an asset.
Assets with transactions recorded against them cannot be deleted.
If you have recorded income, corporate actions, trust distributions, or any other type of transaction relating to the asset you wish to delete, you will need to locate the relevant journal entries and delete them before proceeding with asset deletion.
You can edit the asset name and class, listed status, and HIN/SRN/Holder Number.
To change the purchase date, volume or cost, you must DELETE the asset and re-enter it.
If it was an Opening Balance, take care to enter it through INVESTMENTS on the Fund Setup Menu.
To access the Asset to Edit or Delete, click the ASSETS tab and select it from the displayed list.
When you click the Edit button above a specific listed asset, Mclowd™ displays the entered acquisition details and provides an EDIT HOLDING button in the lower left corner.
If you choose to EDIT HOLDING, Mclowd™ displays:
