Topic results Investment Ledger

CCH Trust Accounts
Investment Ledger entries
This document outlines the procedures for entering investment and property ledger entries, as well as dividends and interest transactions in a financial management system. It details the steps to input movement codes, transaction dates, references, investments, units, descriptions, amounts, and account details. The document also explains the process of using the Autopost routine for entering dividends automatically, emphasizing the importance of maintaining an up-to-date security database. Key features include options for additional information, capital gains details, and options to modify logged-in and analysis accounts.
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CCH Trust Accounts
Investment Ledger overview
This document provides an overview of the Investment Ledger, emphasizing the necessity of adding securities and properties to the ledger before processing transactions. It distinguishes between two investment account types: Securities Accounts, which have codes and market values, and Property Accounts, which lack codes and market value calculations. The document also highlights the differences between the nominal ledger and investment ledger, including their operational structures and reporting functionalities. Lastly, it guides users on accessing the Investment Ledger through the Client Menu.
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CCH Trust Accounts
Movement codes
This document outlines the details of investment ledger entries, focusing on Movement Codes that identify the entry types (e.g., BNI for Bonus Issue, DIV for Dividend, PUR for Purchase) and their implications for CGT and accounting treatment. It explains the classification of CGT rule codes, differentiating between acquisitions, disposals, and income. Additionally, it describes specific attributes for movement codes, including Nil Quantity, Negative Addition, Heldover Gain, Deferred Gains, CGT Overrides, and Connected Persons. Each attribute influences the accounting and capital gains tax reporting process for investments.
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CCH Trust Accounts
Adding a property to the investment portfolio
This document provides a step-by-step guide on adding a new property to an investment portfolio. Users can initiate the process by selecting the "New Property" option and filling out the necessary fields, including Fund, Class, Description, and various account types (Capital, Income, Expense, and Profit on disposal). It highlights the use of the F2 key for data selection from the Client Chart and allows for user-defined details and categorization of the property. After inputting information, users can confirm the addition by clicking "OK" or cancel to return to the previous screen.
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CCH Trust Accounts
Investment ledger reports
This document provides an overview of Investment Ledger Reports available in the client's Investment Ledger menu, specifically detailing two core reports: the Investment Ledger report and the Investment Schedule. It outlines how to access and customize these reports, including setting transaction dates and displaying selected investments. Additionally, it describes various layout options, tailoring features in the Conditions and Columns tabs, and additional functionalities like rounded investment schedules and market value calculations. Users are also guided on managing report profiles within the CCH Accounts Formatter.
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CCH Trust Accounts
Using funds
The document outlines the functionalities of Trust Accounts, detailing how funds are created and managed for different beneficiaries. It emphasizes the importance of fund consolidation and separation for accounting and CGT (capital gains tax) purposes. Various methods to keep beneficiary records distinct are described, including using nominal accounts, divisions, or establishing separate clients for each beneficiary. It also provides instructions for creating new funds within the CCH Trust Accounts system, including setting fund types, descriptions, and options for CGT treatment. Overall, it serves as a guide for effectively managing investments in Trust Accounts.
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CCH Trust Accounts
The Nominal and Investment Ledgers
This document outlines the structure and functionality of the nominal and investment ledgers in CCH Trust Accounts. The nominal ledger aggregates financial data through various accounts for assets, liabilities, and income, while enabling year-end processing. The investment ledger details client portfolios, including accounts for securities and properties, with distinctions in coding and market valuation capabilities. Additionally, it highlights the integration between both ledgers, where entries like dividends appear in both, streamlining data entry processes. The document emphasizes the operational mechanics and terminological differences crucial for effective account management.
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CCH Trust Accounts
Setting up the client's investment portfolio
This document provides a detailed guide on setting up a client’s investment portfolio within an investment ledger. It outlines essential steps for adding securities, including how to view, edit, and delete investments, and the importance of pre-selecting securities for efficiency. The document further explains the fields involved in adding a new investment, such as fund selection, account classifications, and various options for dividends and interest. It also highlights additional functionalities like categorizing investments and managing business assets.
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CCH Trust Accounts
Move investments
This document describes the process for moving investments between funds using a two-page tab dialog box. It details the "Investments" tab, which displays all securities with corresponding fund numbers, and instructions for selecting individual or multiple securities. If logged into a specific fund, only relevant securities will be shown. The second part discusses the "New Fund" tab, where users can choose the destination fund for the selected securities before confirming the move. Selection options include single entries, multiple individual entries, or ranges.
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CCH Trust Accounts
Investment Accounts
This document outlines the functionality of a window for managing investment accounts, allowing users to create, amend, or delete accounts. Key features include sorting options, date selection for viewing investment values, and the ability to show various types of investments. Users can display long security names, include zero holdings, and access new options to add or delete accounts. Additionally, features like Grid Edit, Find, and Copy from other clients are explained, along with the ability to override security prices at the client level.
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CCH Trust Accounts
Investment Ledger
This document outlines functionalities related to the CCH Trust Accounts investment ledger, focusing on key activities. It includes links to sections on autoposting at the client level, management of funds, and moving investments. It also mentions investment accounts, although valuation can be accessed separately through the client menu. Overall, it serves as a guide for understanding and managing investment activities within the CCH Trust Accounts system.
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CCH Trust Accounts
Funds
The document discusses the classification of investments in a client’s investment ledger into funds, usually linked to different beneficiaries. It describes the aggregation of holdings for capital gains tax (CGT) and the option to set up separate accounts for each beneficiary. It also mentions the use of funds to track tax-exempt accounts like ISAs. Users can log into a fund for focused investment data entry and reporting. The document provides a step-by-step guide for generating investment reports sorted by fund.
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CCH Trust Accounts
Autopost (Client level)
The document details the Autopost routine for updating share transactions in a securities database. It instructs users to ensure the database is current and to run the Autopost function within a client's record. The procedure involves setting posting dates, confirming journal types, and selecting securities for automatic posting of income and capital items. Progress is displayed through pop-up windows, culminating in a summary of events in the security database for the chosen period, allowing for final adjustments before posting.
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CCH Trust Accounts
Adding investments to the portfolio
This document provides a step-by-step guide on how to add investments to an investment portfolio using the Investment Ledger tab from the Client Menu. It details the process of accessing investment accounts, utilizing the Add/Edit Investments screen to enter fund references, and selecting appropriate securities from a master database. Users are instructed on how to navigate the interface, add securities, and view completed investments, with an emphasis on managing multiple funds. Each step includes visual aids for clarity.
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