Convert to CCH CGT and Dividend Scheduling
The process for upgrading CCH SecTAX to CCH CGT and Dividend Scheduling within an existing CCH Central installation.
Last update: CCH SecTax
Movement Codes
The document outlines the concept of Movement Codes within the CCH SecTAX system, which are utilized to manage transactions for income and capital gains tax (CGT) purposes. Movement Codes consist of alphanumeric designations paired with associated rules, attributes, and descriptions that dictate transaction treatment. It provides details on system-defined codes, CGT rule codes, and attributes that can differentiate movement codes. Furthermore, it describes how various rules apply to transactions such as purchases, disposals, bonuses, rights issues, and foreign income, including special cases for cost write-downs and delayed tax treatments.
CCH SecTax
Data Entry - Historical Data
This document provides a comprehensive guide on using CCH SecTAX for data entry of historical shareholdings and securities transactions, including methods for entering full transaction histories, pooled values, and notional acquisitions. It outlines steps for inputting various transaction types, such as purchases, sales, and stock dividends, and details the processes for confirming entries, editing transactions, and accessing help resources within the platform. The document further explains generating transaction reports and emphasizes different entry techniques to ensure accurate capital gains tax assessments.
CCH SecTax
Fund Set Up
This document outlines the setup and management of funds within a client's investment portfolio, allowing for the organization of holdings into separate funds, up to 99 per client. It details actions such as creating, editing, and deleting funds, alongside defining fund types and reporting measures for capital gains tax (CGT). Specific fields for fund attributes, like description and consolidation options, are highlighted. Additionally, an example of fund allocation for a client, Mr. Roberts, is provided to illustrate practical application. The document concludes with instructions for navigating the related software interface.
CCH SecTax
Convert from CCH SecTAX to CCH CGT and Dividend Scheduling
This document provides comprehensive guidelines for upgrading CCH SecTAX to CCH CGT and Dividend Scheduling within an existing CCH Central system. It outlines the conversion process, including client selection, security mapping, and data validation. Key features include a Pre-validate facility to identify issues without altering CCH Central records and detailed housekeeping tasks to ensure smooth conversion. Various scenarios for joint accounts and multiple portfolios are addressed, along with configuration and post-conversion steps to verify data integrity. The document emphasizes the importance of accurate security codes for successful conversion and includes error handling instructions.