Taxable and Cash Account Contributions Tab – Available Now

Now it’s easier than ever to quickly enter contributions for Taxable and Cash Accounts. With the new Contribution tab, we’ve eliminated the need to model contributions for these accounts via Transfer Flow.

How do I add Taxable and Cash Account Contributions?

To enter contributions from Basic Facts, simply go to the Savings & Contributions section, click the Add button, and select a contribution.

This will open a drop-down menu, which allows you to enter the amount of the contribution and when it will begin and end.

Or, if you’re working in the Advanced Fact Finder, follow the steps below:

1. Navigate to your client’s Advanced Facts, and open the Investments menu to select the taxable or cash account.

2. Once you’ve selected the account, you will see your new Contributions tab next to Basic. Click on the Contributions tab, and you will have the option to enter contributions, or even create schedules to adjust contribution amounts over time.

These changes will be visible in your Fact Finder, the Client Organizer, Advanced Planning Techniques, and all Reports that display contributions.

How will this update affect my existing Transfer Flow contributions?

Where applicable, we automatically converted existing Transfer Flows to Taxable or Cash Account contributions. However, many transfer flows may not have met the strict criteria required to be converted automatically. While these Transfer Flows will continue to function, we recommend updating them to contributions.

Note, that we aren’t changing the way eMoney handles Transfer Flows.

If you have any additional questions about this release, please give us a call at 888-362-8482 or send us an email.

Joseph Pearson

Written By

Joseph Pearson is a Client Communications Supervisor with eMoney Advisor, LLC. A three-time eMoney Wingbowl Champion, one-time Chili Cook-off Runner-up and Gold Stevie® Award-winning Front-Line Customer Service Professional of the year for 2016 - Joe is a proud father, devoted husband, and he always tries turning it off and back on again before calling IT.