Illustrative Example for WRT / SCG Distribution and Tax Statement
6,082 units of WRT were held as at 27 June 2014 then converted to 5,584 units of SCG followed by the Westfield reconstruction. As per instruction from the Westfield group, you will need to report the WRT distribution under SCG.
Resolution
Step 1: Process WRT (under SCG) Aug-2014 Cash Distribution
Step 2: Process WRT (under SCG) 2015 Tax Statement
Step 3: Process SCG Feb-2015 Cash Distribution
Step 4: Process SCG 2015 Tax Statement
Process WRT (under SCG) Aug-2014 Cash Distribution
Click here for illustrative example WRT Aug-2014 Distribution Advice.
Process this event by
Navigate to Fund Level > Transactions > Fund Income > Distribution – Cash
Note that this event should be processed under SCG.
Process WRT (under SCG) 2015 Tax Statement
Click here for illustrative example WRT 2015 Tax Statement.
Process this event by
Navigate to Fund Level > Transactions > Fund Income > Distribution – Tax Statement
Note that this event should be processed under SCG.
Process SCG Feb-2015 Cash Distribution
Click here for illustrative example SCG Feb-2015 Distribution Advice.
Process this event by
Navigate to Fund Level > Transactions > Fund Income > Distribution – Cash
Process SCG 2015 Tax Statement
Click here for illustrative example SCG 2015 Tax Statement.
Process this event by
Navigate to Fund Level > Transactions > Fund Income > Distribution – Tax Statement
To process the Westfield Tax Statement in bulk, navigate to Excel Transaction Loader > Income > Generate Bulk Tax Statement. Refer to Excel Transaction Loader for more information.
You must process all the buy and sell transactions up-to-date and cash distribution events correctly before you can use this efficiency tool.