CGM1's avatar
2 months ago
Status:
Open

Fixed dollar allocation of trust income to beneficiaries


The distribution of trust income to beneficiaries can only currently be entered in MYOB Business as a percentage of the total which makes it difficult to show a fixed dollar amount in the beneficiary's loan account in accordance with the trustee year end income resolution. 

 

Could a second option to enable the allocation of a fixed dollar amount of income be added to the Settings/Income allocation window?  

1 Comment

  • Status changed:
    New
    to
    Open

    Hey CGM1

    Thanks for your idea! We'll be sharing this one with our product teams and have updated the status to open for other members of our community to vote and add weight to your idea.