In the Income and Expenses section, enter your clients’ various incomes and expenses, ensuring you select the correct owner, add frequency and amount.

Entering a Budget

If a detailed budget needs to be completed either by the adviser or the client via the client portal;

1.Click “Budget”

2.Select Income or Expense category

3.Select owner, individual client or joint

4.Enter Frequency

5.Enter amount

In the Tax section of the expenses category, Tax is automatically calculated based on the entries in the income section, however other tax can be entered manually.

** User note: For income and expense categories with no impact on tax return, select sole or joint owner. If there is an impact on tax returns, ensure the correct owner is selected.