Unitholders receive return on a trust when the trust pays them a distribution.
|From the Main Toolbar, go to Trust.||
|Select the Trust from the list.||
This will take you to the Unitholders screen.
Select Add Distribution
Click Review Distributions to view or reprepare previously recorded dividends
CAS 360 will display the Distributions screen.
|Date Declared||Date the distribution declared by the company directors|
|Unit Type||Choose a company unit type which dividends will be paid for|
|Amount type||Select either Distribution Per Share or Total Distribution|
|Distribution Amount||Enter the amount paid per share or the total amount paid to all unitholders(depending on the amount type selected)|
|Franked Amount||Enter the Distribution Amount (from above) that has been franked|
|Distribution Type||Final (issued at the end of year), Interim (issued mid year), Special (seperate from the typical dividend cycle) or Other|
|Distribution Payment||How is the Distribution paid to the Company Shareholders? Select either Distribution Paid in Cash, Distribution Credited to Load Account or Other|
|Payment Date||Date the Distribution is paid|
|Payment Currency||Enter the Currency Symbol ( for example AUD $)|
- Distribution Statement
- Declaration of Distribution Resolution/minutes
- Listing of Distributions Paid