How do we record a distribution to beneficiaries of a family trust?

Dwayne Hill
Dwayne Hill Member Posts: 1 ✭
edited August 2019 in Reckon One
How do we record a distribution to beneficiaries of a family trust?

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  • cosmic
    cosmic Reckon Developer Partner Posts: 1,065 ✭✭✭
    edited September 2018
    If you have issues on this let me know that is if you have issues with your TAX Agent

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • Tio
    Tio Member Posts: 7 ✭
    edited September 2018
    in MYOB,  there is menu button to enter percentage of each beneficiery, so in the profit and loss report will generate the value of profit on each beneficiary. is there any same function on the quicken software to do this?
     
  • cosmic
    cosmic Reckon Developer Partner Posts: 1,065 ✭✭✭
    edited August 2018
    NO , You need Trust TAX Practice software that your tax agent has , if you have issues pls call me . Like Reckon Elite

    Cosmic Accounting Group

    Accountants and Tax Agents 22397009

  • Tio
    Tio Member Posts: 7 ✭
    edited August 2018
    thanks chandra

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