Access the holding
Open the file you are working in
Select Estate Accounting from the left-hand menu
Navigate to Assets
Open the relevant investment account
Locate the holding you want to update
Available corporate actions
Select the arrow on the far right of the holding to access available actions.
From here, you can do the following to the holding:
Edit
Edit
Edit the holding to adjust anything from asset class, symbol, quantity, description, change any values, and currency. Please note that to change Money Type, the transaction will have to be reentered or reimported.
Delete
Delete
Delete the holding entirely. This removes the holding and its associated position from the account. Before deleting a holding, you will need to ensure all the transactions are also deleted. Please ensure you delete all transactions before deleting a holding, you will not be able to delete it otherwise.
Liquidate
Liquidate
Record the full or partial sale of the holding. This removes the entire or partial position and records the corresponding transaction.
Distribute
Distribute
Record an in-kind distribution of the holding to a beneficiary without selling the asset.
View Transactions
View Transactions
View all transactions associated with the holding, including purchases, sales, and adjustments.
Buy More Units
Buy More Units
Record the purchase of additional units of the same holding, increasing the total quantity. This option can also be used to record dividend reinvestments. To record a reinvestment, select the Reinvestment checkbox at the bottom of the transaction window. The system will automatically reflect both the purchase of additional units and the corresponding cash withdrawal used to complete the transaction.
Stock Split
Stock Split
Adjust the quantity of units to reflect a stock split while maintaining the overall market value.
Transfer Between Accounts
Transfer Between Accounts
Transfer the holding from one investment account to another within the same file.
Return of Capital
Return of Capital
Record a return of capital event, adjusting the adjusted cost base accordingly.
Adjust Adjusted Cost Base per Unit
Adjust Adjusted Cost Base per Unit
Manually update the adjusted cost base per unit for the holding to reflect corrections or tax adjustments.
When to use corporate actions
Use these options when investment activity affects the quantity, value, or tax basis of a holding. Recording corporate actions ensures that reports and account balances remain accurate.