This article will guide you through how to use the Custom Holding Tab of the Excel Fund Loader. This tab is where you enter the details of any Custom Holding Accounts you would like to set up for the entity. A custom holding account is an asset that does not fit in any of the other asset categories. Some of the common uses include formation expenses, one line wrap accounts or borrowing expenses.
This tab is applicable for all Entities
- This column will validate that all of the required data has been entered for the account.
- All pink fields are mandatory. No spaces in the account code, and the account code must be unique within the entity. Select the most appropriate option from the various drop-down boxes.
Review the Term Deposits tab.