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Mclowd User Guide for SMSF Trustees

Navigation: Income > Income: Add New Income

Income: Contributions

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If your Fund receives Contributions from or on behalf of a member, click the INCOME tab, then click the ADD NEW CONTRIBUTION button.

IncomeMenu

Select the Account to which this income accrues. For Contributions, the Account must be a member account, since the Contribution benefits a member.
Mclowd will correctly display only Accumulation accounts, since neither the Fund nor pension accounts can legally receive contributions.
 
Income_Contribution_selectaccount

Select Cash or In-Specie.

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