How do we record a distribution to beneficiaries of a family trust?
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Dwayne Hill
Member Posts: 1 ✭
How do we record a distribution to beneficiaries of a family trust?
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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
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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?
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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
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thanks chandra0
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