How to enter Shares purchased by SMSF

Denise Durant
Denise Durant Member Posts: 47 Reckoner Reckoner
in Reckon Accounts (Desktop)

Hi all,

For Shares purchased by a SMSF, what account do I need to set up? Are they an asset account?

For dividends received, I assume it would be an "other income" account.

Any advice would be appreciated. Thanks

Denise

Best Answer

  • Kris_Williams
    Kris_Williams Member Posts: 4,277 Reckon Hall of Famer Reckon Hall of Famer
    Answer ✓

    That is how I would set it up. I also make note of any Franked credits in the memo column

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