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Distribute a GIC

Distribute a GIC to a beneficiary from either the Assets tab or the Distributions page. This article covers both methods and explains what happens after distribution.

Method 1: From the Assets tab

  1. Go to Assets.

  2. Click the GIC line.

  3. Select Distribute.

  4. Enter the transaction date, money type, value (full or partial), and beneficiary.

  5. Click Save.

Method 2: From the Distributions page

  1. Go to Distributions.

  2. Select Distribute Item or Distribute Cash.

  3. Enter the value and beneficiary.

  4. Click Distribute.

What happens after distribution

  • The GIC's market value updates.

  • The transaction appears in the Distributions section.

Conclusion

The GIC is now distributed. Contact [email protected] if you need help.

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