Transactions Settings

If you import for multiple custodians, you need to create a manual transactions setting for each custodian. Before you initialize for each custodian, you must change the User Default Setting to the appropriate Manual Transaction Setting. This will ensure that all new accounts added during the initialization process will apply the correct Manual Transaction Setting for each custodian.

To create a transactions setting, do the following:

1. From the Home tab, click the Settings page.

2. Under Portfolio Accounting System Settings, click Reports, Tax lot methods, Transactions, Management fees. The Settings window opens.

3. From the toolbar, click New Setting… New Transactions Setting. The Transactions Setting dialog box opens.

1. In the Setting Name field, enter a name for this transaction setting. Choose a name that reflects the import source for the accounts to which it will be applied.

2. Click the Default Cash Symbol magnifying glass icon to indicate where the costs are coming from or the proceeds are going to. Choose from among money market funds or user-defined cash.

   1. As an example, click the Within drop-down field, and select User Defined Cash.

   2. Click Go.

   3. From the Available Records area, select the option that matches the custodian you are trying to mimic. Refer to the custodian table.

   4. Click OK.

3. In the Record corporate actions for holdings area, indicate whether or not you want to automatically record distributions, reinvest dividends, reinvest capital gains, and record splits.

4. Click the For Settlement Date arrow to indicate how to determine the settlement date into or from cash. The default is Use Trade Date.

5. Click Save + Close.

6. When the confirmation message appears, click OK. You can now close the Settings window.

Note: If you plan to initialize your data, you need to make this transaction setting the default setting for all accounts. From the toolbar at the top of the screen, click Tools and select Settings...Set User Default Settings.