Investment Transaction Maintenance (Change or View)

Screen ID: 

Screen Title: 

Panel Number:

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UINTR-01

Investment Transaction Maintenance

6472


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Access this screen from the Investments Dashboard, after highlighting an investment to Edit (or view), selecting either Principal, Discount, Premium, or Accrued Balance, Life income earned, Offset amount, or Gain/Loss amount, choosing a transaction from the resulting screen and selecting Update.

This screen is used to make an error correction on a transaction shown in the history for this accrued expense item (like using “White Out” on a paper ledger card).

IMPORTANT: BE VERY CAREFUL WHEN MAKING ANY CHANGES ON THIS SCREEN! A correction made here will NOT affect the G/L or the balance of this subsidiary record; only the transaction history list will be changed. Any changes that are necessary to adjust the G/L or subsidiary record must be made manually. In addition, changes here do not affect the “Life Totals” for this investment. Remember that entries can be made to the subsidiary ledger but not posted to the General Ledger if the G/L is already correct. Also be careful about back dating these transactions because the resulting balance on any history item from the adjustment post date forward does not recalculate.

Field Descriptions

Field Name

Description

Corp ID

This field displays the Corp ID associated with the investment.

Investment ID

This field displays the unique investment ID.

Transaction Type

This field displays the transaction type, as selected on this screen.

Sequence #

The Sequence # that is assigned to the transaction.

Investment type

This field shows the investment type assigned to this investment. It is generally not changed here.

Investment transaction code

There are actually two fields here: a two-character code for the investment transaction type, and the 25-character transaction description. Valid transaction types are as follows:

AJ Adjustment  

OP Open

AC Accrual   

CL Close

  • DO NOT CHANGE THIS CODE! Changing this code will not change the type of transaction.

G/L account

Use this field to correct the general ledger account number to which this entry was posted.

  • Because this change corrects the subsidiary ledger history only, remember to make any necessary journal entries to the G/L separately.

Field transaction code

This is a code showing which subsidiary ledger was affected by this transaction.

AC Accrual
CA Cash Offset
DI Discount
GA Gain/Loss
IN Income
PM Premium
PR Principal

  • DO NOT CHANGE THIS CODE! Changing this code will not change the affected ledger, and may cause errors.

Transaction date

Use this field to correct the date to which this transaction was posted in the subsidiary ledger.

Transaction amount

Use this field to correct the amount for this history item.

  • IMPORTANT: This will have NO effect on the resulting balances for any additional items in the history; changes must be made to the Resulting Balance for this transaction and any subsequent transactions individually.

Result balance

Use this field to correct the balance of the account as a result of this transaction.

  • IMPORTANT: This will have NO effect on the resulting balances for any additional items in the history; necessary changes must be made to any subsequent transactions individually.

 

 

 

Link to ID: https://help.cubase.org/cubase/cubase.htm#UINTR-01.htm