Issue

The fund received foreign income for CYBG PLC on 15/02/2019. The trade value is 559.36 AUD and the foreign tax credits are showing as 83.90 AUD, which is 15% of the trade value. 

Example

Navigate to Fund Level > Transactions > Match Transactions

On the match transaction screen, it shows the cash received amount of $391.55 and the security foreign income event amount of $475.46. The difference of 83.91 is around 15% of the trade value, which means for this investment, the withholding tax is 30%. 

1. To match the transactions, tick the boxes found next to them
   
   
2. Click on Fit to Tax
   
   Once you click the Fit to Tax button, the business event will be automatically adjusted the withholding tax and this match will be automatically approved, and be removed from the Match Transactions screen.
   
   
   
   If we click on this foreign income business event again, we can see the foreign tax credits are doubled up and are currently showing as 167.80 AUD.
   
   

 Refer to our knowledge article for instructions on How to undo Fit to Cash for Foreign Transactions