Assets

4.5.5 Assets: Corporate Actions – Demergers

Mclowd support for Demergers is currently on a case-by-case basis.

To record a supported demerger, select Assets: Corporate Actions, then Demergers, and then select the appropriate demerger from the button menu.

Demergers button menu

The screen will be prefilled for the selected demerger. Simply take note of any warning text displayed in yellow, then verify that the data is correct and click SAVE.

Please contact Mclowd support team for assistance to record any Demerger that affects your assets.


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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