Prior Year Migration Data Required Popup

Mclowd repeatedly displays a popup advising Prior Year Losses Migration Data is required.



Mclowd needs the Prior Year Losses data saved, even if all prior year losses are $0.


To remedy the error:


If you have closed the migration year (and possibly subsequent years), you will need to reverse all closed financial periods, including the Migration Year.


Go to the Settings Menu and select Fund Setup.



Select PRIOR YEAR LOSSES from the Fund Setup Button Menu.


Please refer to https://www.mclowd.com/support/practitioner-user-manual/prior-year-losses.html (Practitioners) or https://www.mclowd.com/support/trustee-user-manual/prior-year-losses.html(Trustees) for detailed instructions for entering Prior Year Losses., click OK.