4.2 Asset Disposals

When your Fund disposes of an asset, record the details by clicking ASSET DISPOSALS in the ASSETS tab.

Assets Tab Button Menu

Mclowd displays:

Asset Disposals

Select the account that owns this asset (the Fund, or an individual member).

Account selection list

Click the Select Asset dropdown. Mclowd displays a list of assets belonging to the selected account.


Select the asset you are disposing of.

The screen Mclowd now displays will include various fields, depending on the asset type selected.

about the author:

Lorraine Cobcroft

With a background in accounting and financial management, followed by two decades writing software documentation, Lorraine joined the Mclowd team in mid-2016 and is enjoying working with a dynamic team to enhance an innovative product that has the potential to revolutionize the way Australians manage their retirement funding.
Lorraine is also an accomplished business writer, ghost-writer, novelist and short-story writer and poet.

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