I am setting up a fund in SF360, how do I input prior year, carried forward tax and capital losses?
See also: Setting up a Fund (Opening Balances)
- To complete this task, you must first access the Period Compliance screen. To access the Period Compliance screen, please see the table below:
Hover the cursor over the Compliance icon in the main toolbar From the side menu, select Period Compliance
- From the Period Compliance screen, select View Losses.
- You can then input any carried forward capital or tax losses.
- Select Save after inputting the figures.
Carried forward losses will only need to be input during the first active financial year in Simple Fund 360. Going forward, Simple Fund 360 will carry forward these amounts automatically. Select View Losses to view the carried forward amounts at any time.