AhChoo: The approach I described for Brian herein is for attempting to manually approximate the stresses induced in the clamped parts while torquing the bolt, which is a different problem than the problem after the torque wrench is removed. For your problem, you would not apply either of the applied torque load components mentioned in Brian's problem.
For your problem, you could perhaps define the bolt material properties at an elevated reference temperature T1, then run your analysis at, e.g., room temperature T2 to simulate bolt preload, where T1 = T2 + M/(E*alpha*K*0.25*pi*D^3), where M = bolt installation torque, E = bolt material modulus of elasticity, alpha = bolt material coefficient of thermal expansion, K = torque coefficient, pi = 3.14159, and D = bolt shank nominal diameter. Now apply your applied tensile load(s) to your structure and run the analysis at T2.
If there are also applied shear load(s) on your bolted plate and you're assuming plate shear slippage (the usual assumption) causing bolt hole bearing stresses, I guess you would then need to make the above run a contact analysis to model the bolt-shank-to-bolt-hole contact stresses. Good luck.