Portfolios
Last update:CCH CGT And Dividend Scheduling
Portfolios
This document provides a structured guide on managing portfolios within the CGT and Dividend Scheduling feature. It outlines key maintenance options including accessing the Portfolio List by fiscal year, editing and deleting portfolios and periods, and recalculating opening balances. Each function is linked to detailed help pages for further information, assisting users in effectively managing their financial records.
CCH CGT And Dividend Scheduling
Global Reports
This document provides an overview of key features related to tax planning and security code management within a guidance system. It highlights the "Tax Planning Reports," which help generate fee income through proactive tax strategies, and the "Security Code Counter," designed to count securities using SEDOL codes for the London Stock Exchange. The information is aimed at enhancing users' capabilities in tax planning and securities management.
CCH CGT And Dividend Scheduling
Maintenance
The document outlines various maintenance options related to the CCH Capital Gains Tax (CGT) and Dividend Scheduling tool. Key sections include managing portfolios (listing, editing, deleting, and recalculating opening balances), generating global reports (such as tax planning), updating securities (including valuations), modifying settings, and converting legacy data. Each section contains links for detailed help and resources, facilitating users' understanding of the software's functionalities for effective financial management.
CCH CGT And Dividend Scheduling
Convert Legacy Data
This document outlines a guide for converting legacy data within the CCH CGT and Dividend Scheduling system. It includes links to sections on Conversion Settings, CCH Gains Conversion, and CCH SecTAX Conversion. Users are directed to access specific maintenance options to set their environment before initiating data conversion processes. Each section provides essential steps to ensure a successful transition from legacy data systems.
CCH CGT And Dividend Scheduling
Portfolio List
This document outlines the procedures for accessing the Portfolio Report List through a specific maintenance pathway. It details the components included in the report, such as client names, codes, report headings, portfolio references, periods, and status. Additionally, it highlights the usefulness of the Client List in identifying clients pending processing for tax planning in a given fiscal year.
CCH CGT And Dividend Scheduling
Tax Planning Reports
The document outlines various Tax Planning Reports accessible for proactive fee income generation through targeted client analysis. These reports, based on fiscal year data, identify clients based on capital gains tax (CGT) exemptions. Specific reports include those for portfolios with gains or disposal proceeds under or over defined values, and reports on specified securities held during or at the close of the tax year. The tools aim to highlight opportunities for tax-efficient investments and potential loss realization to reduce CGT liabilities.
CCH CGT And Dividend Scheduling
Recalculate Opening Balances
The document outlines a feature in a financial management system for recalculating opening balances when transitioning to a new period in portfolio management. It explains how the system automatically extracts closing balances from the previous period, allowing for adjustments made to earlier years to be reflected in subsequent periods. The example provided illustrates a scenario where missing transactions from 2007/08 affect the opening balances of 2008/09, demonstrating the utility of this recalculation feature.
CCH CGT And Dividend Scheduling
Delete Portfolios and Periods
This document provides instructions for deleting portfolios and portfolio periods in a system. To delete an entire portfolio, users must select the portfolio reference checkbox, which will automatically select all associated periods, and confirm by clicking "OK". For deleting specific periods, users should select the portfolio reference box, adjust the selection to keep desired periods, and then click "OK" to finalize the deletion.
CCH CGT And Dividend Scheduling
Consolidations
This document outlines the functioning and reporting processes of child and consolidated portfolios in a financial system. Child portfolios represent consolidated positions, with accurate reporting achieved through the "Run Calculation" feature. However, consolidated portfolio reports have limited utility as they often replicate child portfolio outputs and lack proper functionality. Additionally, rolling portfolios into a new period requires synchronization between child and consolidated portfolios to avoid discrepancies, particularly after making adjustments for corporate actions.
CCH CGT And Dividend Scheduling
Settings
The document outlines various features and settings of an application related to financial reporting. It includes an Alternative Descriptions Editor for managing purchase and sale descriptions, focusing on editing, adding, or deleting entries. The Investment Schedule Report Selection allows customization of columns and font size. Other settings cover options for security identifier restrictions, warnings for stale data, saving final and realized gains reports, and report formatting preferences. Additionally, it describes a Proper Case Exclusion Editor for managing exceptions in company name formatting during data transfer.
CCH CGT And Dividend Scheduling
Edit Valuations
The document details the "Edit Valuations" feature, which enables users to modify or add market valuations for securities. It emphasizes the importance of periodic valuations for tax planning, particularly at month-end and year-end. The document includes a table outlining options available in the Edit Valuations window, such as entering the fiscal year, security code, valuation date, price, decimal places, currency selection, and exchange rates for foreign currencies. It also provides guidance on how to retrieve security codes if needed.
CCH CGT And Dividend Scheduling
Edit Portfolios and Periods
The document describes the functionality of the "Edit Portfolios and Periods" window, which allows users to modify portfolios and portfolio periods. It highlights that the fields for "Portfolio Reference," "Portfolio Period," and "Report" are all editable, enabling users to make necessary changes as required.