This article will illustrate how to stream income to beneficiaries.
This option is available only for non-unitised Class Trust entities after you have run a period update.
Navigate to Fund level > Periodic Processing > Period Updates
- Select the required Financial Year
- Run the Period Update (if not done so already)
- Click the Distribute Retained Earnings button
- The Beneficiary Distribution screen will open
- Toggle Streaming to 'On':
- Enter the Franked Distribution in $ or % to be streamed to each beneficiary
- Enter the Capital Gain in $ or % to be streamed to each beneficiary
- Enter the Other Trust Income in $ or % to be streamed to each beneficiary
- If applicable, select the beneficiary to whom the remaining amount is to be allocated from the Residual amount beneficiary
- Click on Submit to save