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Investment Trust

sansan Member Posts: 1

Hi
I have a personal Trust. The Trust asset is a portfolio of shares. Income earned is primarily dividends or interest and if shares are traded then capital gains. Expenses are typically accounting related such as management fees, bank charges etc. I also need to keep track of distributions to beneficiaries.

What would be the best preset settings to use for setting up this Trust in Wave?

edited September 29, 2020 in Accounting Technical Support

Comments

  • AlexLAlexL Member Posts: 2,869 ✭✭✭

    Hey @san , I'm afraid that this was be considered complex accounting so you will have to reach out to an accountant or CPA so they can help you account for this.

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