Topic results Transactions

CCH CGT And Dividend Scheduling
Entering Transactions
This document provides guidance on various functionalities within the CCH Capital Gains Tax (CGT) and Dividend Scheduling tool. It covers key procedures such as entering and editing transaction data, using security and CCH code lookup, calculating opening balances, and managing purchases, sales, dividends, and equalizations. It also addresses the importance of the summary window for portfolio overviews and describes handling specific events like rights lapses and scrip dividends. Additionally, details about utilizing the securities web page for new security requests are included.
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CCH Accounts Production
Trial Balance Screen - Filtering and Saving
The document discusses functionalities within a trial balance system, specifically the options to filter and save periodic trial balances. It outlines how to use the "Filter Trial Balance" to include specific transactions, allowing for tailored cost center or departmental reports. It also explains the procedure for saving filtered trial balances with user-defined references. Furthermore, it notes that filtered trial balances may not always balance due to dimension settings and provides instructions on clearing filters. Overall, it serves as a guide for efficiently managing trial balances.
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CCH Accounts Production
Saved Trial Balance
This document provides guidance on accessing, viewing, and deleting saved trial balances within the CCH Accounts Production system. It explains how to navigate to the Saved Trial Balance feature, view the details of saved balances, and the step-by-step process for deleting a trial balance. Special notes include distinctions for data sourced from CCH Trust Accounts. Instructions are supported by visual aids to enhance user comprehension.
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Twinfield
VAT Reporting (Transactions)
The document outlines the process for generating VAT returns, which can be performed on a monthly, quarterly, or yearly basis. Key steps include running a VAT Analysis Report, capturing transactions, and finalizing the VAT return. It details how to access the reports, select specific criteria like year and return period, and emphasizes the importance of including late transactions. The document contains visual aids to assist users in navigating the interface.
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Twinfield
Trial Balance (Twinfield)
The document outlines the features and functionalities of the Extended Trial Balance function, which allows users to review and manage transactions effectively. It details how to access the feature through the menu, specify various criteria for financial reporting, and perform tasks such as viewing individual transactions, making adjustments, reposting values, and spreading amounts across multiple periods for prepayments. The document includes step-by-step instructions and visuals for clarity, aiming to assist financial professionals in utilizing this function efficiently.
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Twinfield
Transaction Lines
This document provides a comprehensive overview of how to access and review individual transactions in a bookkeeping system, specifically in Twinfield. It highlights the availability of up-to-date transaction data and outlines the format options for exporting reports, including PDF, CSV, XML, and Excel. Instructions for navigating to the 'Transactions' menu and selecting file criteria are included, guiding users to generate reports efficiently by clicking through to the next step.
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Twinfield
Recurring Transactions
This document outlines the process for managing Recurring Transactions, which allow users to replicate various transaction types, including Purchases, Sales, and Depreciation. It provides step-by-step instructions for users to access and add a new recurring transaction labeled "Depreciation," including entering specific details like Transaction Type and Number. The document concludes by detailing how to post a recurring journal entry, demonstrating the automation in data entry and the finalization of transactions.
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Twinfield
General ledger Transaction
This report outlines the process for reviewing transactions in general ledger accounts, emphasizing the need for periodic checks of provisional transactions before final approval. It highlights the report's utility for bank reconciliations and details selection criteria including period, transaction type, and user. Additionally, users can display the report by clicking 'Next' or export it in various formats such as PDF, CSV, or Excel.
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CCH CGT And Dividend Scheduling
Import CCH CGT and Dividend Scheduling Transactions
The document outlines an electronic transaction import feature for an application, minimizing the need for data re-entry. It supports two file formats: the older IMP format, which has limitations such as unique portfolio references and recognition of only SEDOL or CCH codes, and a recommended CSV format. The CSV format allows referencing portfolios by client codes or broker account numbers and supports both SEDOL and ISIN codes, making it user-friendly for import from Excel. A specification document is linked for further details.
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CCH Accounts Production
View Transactions
The document outlines the process for viewing and editing transactions within an accounting application. Users can load a specific accounting period and access a grid displaying various types of transactions—Receipts, Payments, and Journal entries—through the Task Bar. It details the option to view transactions as debit/credit, emphasizes the necessity for balance in edits before saving, and mentions the audit trail for tracking changes. Additionally, it notes that the standard print layout for transactions is the List Report.
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CCH IFirm Accounts Production
Trial balance and transactions
This document outlines the features of the trial balance and transactions area within a financial software system. It includes options for displaying trial balances, transactions, and advisor journals, with functionalities for searching by nominal codes, filtering displays, and drilling down into transaction details. Users can edit transactions, ensuring totals balance, and can print, view, or export reports to PDF or Excel. The document also covers the advisor transactions area, detailing how to handle unposted and posted journals, including editing and reporting options.
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CCH Accounts Production
Tax Link
This document details the process for sending tax data from CCH Accounts Production to either CCH Personal Tax or CCH Corporation Tax. It describes accessing the Tax Link screen via the Transaction folder, including the differing content for personal and corporation tax clients. Users can utilize the Range Contents feature to investigate figures and then proceed to send data by clicking "Update Tax" for direct transfer, or use "Export data" to save the information as a .txt file for third-party tax packages.
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CCH CGT And Dividend Scheduling
Summary Window
The document describes the Summary window, which provides an overview of transactions in a portfolio for a specified period. It includes features for sorting transactions by Type, Date, Description, or Security Code by clicking on column headings, with the ability to reverse the order. Users can also double-click on a transaction to access its specific screen for viewing and editing.
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CCH Trust Accounts
Several transactions on the same date
This document outlines the processing and reordering of transactions for Capital Gains Tax (CGT) when multiple transactions occur on the same date. It explains procedures for clients with and without a nominal ledger to correct transaction order. An exception exists for transactions governed by A2, A3, or A4 rules, which are processed at the start of the day. Additionally, it addresses issues that arise during demergers, specifically with cash fractions, and provides solutions to avoid errors in the CGT report.
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CCH CGT And Dividend Scheduling
Security Code Lookup
The document provides instructions for finding the Security Code of a specified Security. It outlines the use of filters such as the Security Code and Security name, detailing how to match and select securities. Users can refine their searches using radio buttons for subsets like Popular Securities, applicable from 2004/05 onwards. Additional features include links for ISIN code lookups and a Sedol Code Lookup button. It notes possible reasons for duplicate securities in the results, including different capital gains treatment or multiple exchange listings. Users are advised on selecting appropriate codes amidst potential duplicates.
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CCH CGT And Dividend Scheduling
Securities Web Page
The document outlines the process for users to request and add new securities to the CCH data feed, which currently includes approximately 50,000 securities. It describes how to access the securities web page, search for existing securities using various codes or names, and add new or unlisted securities to the masterfile. Additionally, it explains how to submit bulk additions via a text file and the importance of correctly categorizing securities, including handling duplicates and understanding CCH code allocation. Users can expect updates to the masterfile by the next day.
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CCH Accounts Production
Receipts and Payments
This document outlines the procedures for entering receipts and payments in a financial system. It emphasizes the importance of selecting the logged-in account for accurate transaction posting and details the mandatory fields required: Date, Batch Reference, Description, Nominal Analysis, and Amount. Users can commit transactions in real-time, updating the Trial Balance automatically. It also provides shortcuts for committing transactions and aborting entry. Additional guidance is available for creating new accounts if necessary and troubleshooting incomplete data submissions.
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CCH CGT And Dividend Scheduling
Purchases
The document outlines the procedures for using the Purchases window to record purchase details between specified dates. It emphasizes avoiding the entry of mandatory capital events, which the system calculates automatically. Users can enter multiple purchases on the same day, consolidating them into one transaction. Key fields in the Purchases window include Security Code, Date of Purchase, Shares Purchased, Cost, Accrued Interest, and an Alternative Description for reporting purposes. Instructions for using the Security Code Lookup Facility are also provided.
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CCH CGT And Dividend Scheduling
Opening Book Values
The document outlines the procedure for entering the opening book cost for securities, which is crucial for calculating profit and loss on the Investment Schedule. It highlights the distinction between book cost and Capital Gains Tax (CGT) cost, emphasizing that shares share an average cost. The “Opening Book Values Window” provides specific fields for users to input the security code and total book value cost, along with guidance on how to look up security codes if needed.
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CCH Trust Accounts
Importing transactions using the Transaction Import product option
The document outlines the Transaction Import product option for CCH Trust Accounts, which enables users to import transactions directly from a CSV file, enhancing efficiency compared to manual data entry. This feature supports the import of Bank, Journal, Security, and Property transactions and can be used during initial data transfers or for ongoing imports from other systems. It also mentions a "Special Program" for importing standing data, highlighting the need for caution due to limited validation checks. Users are encouraged to refer to the Transaction Import section for more details.
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CCH Trust Accounts
Import Transactions from a Broker
This document outlines the process of importing transactions from brokers into CCH Trust Accounts. It emphasizes that this import is beneficial mainly for users with over 200 transactions monthly. Users are advised to request data from brokers in specific formats, but brokers often provide data that requires conversion. CCH offers assistance with this process, including the potential creation of conversion programs, possibly at a charge. For manual extraction, a new macro-enabled spreadsheet simplifies the creation of import files. Users interested in these features are encouraged to contact CCH for support.
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CCH Accounts Production
Import: importing a trial balance or transactions
The document outlines the process for importing trial balances and transactions into CCH Accounts Production using .csv files. It details the required structure for the .csv files, including column specifications for external codes, descriptions, and figures. Step-by-step instructions are provided for importing trial balances and transactions, including mapping and reviewing potential unmapped items. Additionally, the document mentions features for generating reports and exporting data. The import process ensures that the data balances, or else prompts for corrections before posting.
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CCH CGT And Dividend Scheduling
Entering and Editing Data
The document outlines the procedure for managing transactions within CGT and Dividend Scheduling. It details the process for adding, editing, and deleting transactions through a user-friendly interface. Users confirm new entries via the Enter key or OK button, and can view, modify, or sort transaction details in a read-only grid. Additionally, it highlights an enhancement allowing for the display of both interest and dividends on foreign stocks like 3i Infrastructure for the 2021/2022 period and beyond.
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CCH Accounts Production
Edit Mapping
This document explains the process of editing mappings at the client level within the Edit Mapping Screen, which features columns for External Code, External Name, Account Code, and Account Description. It outlines the steps to edit mappings, including the distinction between System and Client mappings. Users can edit existing mappings or create new nominal codes, with changes saving for future years but not affecting the current year's data. Any adjustments to current year data should be made through a journal entry.
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