I have recently migrated a fund from Simple Fund Desktop to Simple Fund 360 and I am winding up a fund. The rollover components when processing the member payouts are not matching the rollover amounts on the member statements.
There is a known issue with the calculation of rollover components during the wind-up process when having just converted from Simple Fund Desktop to Simple Fund 360.
This only affects the first financial year after the fund has been migrated.
Users can adjust the rollover components of the payout transactions through the transaction list.
|From the main toolbar, select Account|
|Select Transaction list|
Edit the Wind-up transactions
From the Edit - Transaction screen, in the More Details section, review and adjust the member's Rollover components to match the Members Statements.
Once you have adjusted the tax components, the members statements will show nil balance for the member's tax components.