How to enter Shares purchased by SMSF

Denise Durant
Member Posts: 42 Reckoner

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
0
Best Answer
-
That is how I would set it up. I also make note of any Franked credits in the memo column
0