Assets

4. Assets: Introduction

Mclowd’s ASSETS tab displays a list of all the assets held by your Fund and provides a button menu to enable you to add, dispose of an asset, value assets, edit assets, and perform corporate actions.

Assets Tab Button Menu
At top right of the screen, a drop-down Account selection list allows you to select whether to view the assets of the Fund, or a list of segregated assets held by one of the members.

Getting Started|Account selection


NOTE – SEGREGATED ASSETS:
The Account drop-down shows both Fund and Entire Fund as well as individual member names. Choosing Fund will display the assets owned by the Fund, EXCLUDING any segregated assets held by individual members. Choosing a member name will display only the segregated assets owned by that member. Choosing Entire Fund will display all assets, regardless of ownership.


Your Assets List divides assets into various categories, providing sub-totals for each category.
Assets List
Depending on the asset type, Mclowd provides information about purchase date and capitalised cost, volume held, market value, total value, unrealised gain or loss, and corporate actions. For Fixed Interest assets, the Maturity Date and Interest rate are displayed, along with total value. For cash accounts, the cash balance is shown.
Mclowd displays the Assets Total Value at the end of the list.

For detailed instructions for performing Asset actions, please click:
4.1  ADD NEW ASSET
4.2  ASSET DISPOSALS
4.3  ASSET VALUATION
4.4  EDIT ASSETS
4.5  CORPORATE ACTIONS


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.