Income

6.2 Income: Contributions

Contributions by or on behalf of Members can be made either in Cash or In-Specie.

To enter contributions made by members, select ADD CONTRIBUTIONS from the INCOME tab.

Incomebutton menu

Mclowd displays:

Income_contribution_selectMemberSelect the Member by or on behalf of whom this Contribution is made.


NOTE: Mclowd will correctly only display members whose fund is Accumulation Mode, since members in Pension mode should not be making contributions.


Select the Contribution Class: Cash or In-Specie.

 

 

 

 


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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