Add a Dividend Or Income Payment To A Custom Investment

This article shows you how to record income for a Custom Investment so it appears correctly in your portfolio, income reports and tax reports.

Use the Add Dividend form when a Custom Investment pays you income.

Even though the button says Add Dividend, the same form can be used for income from different custom asset types, including:

If you haven’t created the holding yet, create the Custom Investment first.

To add income to a Custom Investment:

The income will then appear against the Custom Investment holding and flow through to relevant income and tax reports.

Use the fields below to decide what to enter.

Set Trust Income to No for most Custom Investments, including:

Set Trust Income to Yes only when the income payment is a trust distribution. This commonly applies to Australian ETF, managed fund, unit trust, or trust-style distributions.

For trust distributions, this setting is important because it allows Navexa to treat the income as trust income in tax reports. It also allows the Enter AMIT Statement option to appear in the holding’s Income area for the relevant financial year.

For listed investments, use the actual ex-dividend date.

For non-listed assets, such as a private company, property, or loan, use the date the income was earned or your entitlement was established.

If there is no clear ex-dividend concept, such as rent or interest, you can use the same date as the paid date.

Use the date the cash was paid to you.

This is usually the date the money reached your bank account.

You can enter a future paid date if you’re recording an announced or scheduled payment in advance. The income will appear in reports based on the selected report date range.

Use Franked amount only for franked dividends from Australian companies.

If the income is not franked, enter 0.00.

Use Franking credits for the franking credits attached to the franked portion of an Australian dividend.

If there are no franking credits, enter 0.00.

For most Custom Investment income, enter the full cash amount in Unfranked amount.

This commonly applies to:

Use Additional Fields when you need to record extra tax components for the income payment.

The available fields include:

For a standard property rent, loan interest, bond coupon, or private company dividend entry, most of these fields will usually stay as 0.00.

For a trust distribution, use your AMMA statement to enter the correct tax components. If you’re not sure which statement label maps to which Navexa field, confirm with your accountant or tax adviser.

Tick Dividend Reinvested only if the income was reinvested into more units of the same investment.

Most Custom Investment income payments should leave this unticked.

Tick Exclude From Tax only if you want the income entry ignored in tax reports.

For example, you may want the payment visible in the holding history, but not included in taxable income calculations in Navexa.

Use Notes to record extra context about the payment.

Examples include:

Use File to attach a statement or supporting document to the income record.

The file is stored with the entry for record keeping. Navexa does not read the file to populate the form automatically.

Net Payment and Gross Payment are calculated automatically from the values you enter.

You do not need to type directly into these fields.

Scenario: A private company pays you an unfranked dividend of AUD $1,000.

Enter:

Then select Add Dividend.

Scenario: You use a Custom Investment to track an investment property and want to record AUD $1,000 of rent.

Enter:

Then select Add Dividend.

Scenario: You track a managed fund as a Custom Investment and receive a trust distribution.

Enter:

Then select Add Dividend.

After saving the income record, check the holding’s Income area for the relevant financial year. The Enter AMIT Statement option should be available when that distribution has Trust Income = Yes.

The Add Dividend form may not save if required amount fields are blank.

Check that Franked amount, Franking credits, and Unfranked amount all have a value. Use 0.00 where a field does not apply.

The Add Dividend button may be greyed out if dates or required fields are missing.

Use the calendar picker where possible and check that date fields are complete.

The Enter AMIT Statement option appears when the relevant income record is treated as trust income.

Open the income record and make sure Trust Income is set to Yes for that specific dividend or distribution. This setting needs to be applied to the income record, not just the Custom Investment holding.

Dividends and income payments for Custom Investments need to be added one at a time.

Bulk uploading dividends is not currently supported for Custom Investments.

Yes. You can edit or delete income records later from the holding’s Income tab.

Remember, this is general information, not personal financial advice.