Difference between revisions of "Investment Maturity Extensions Report"
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=='''Overview of IL219'''== | =='''Overview of IL219'''== | ||
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| + | Once investments reach their agreed upon maturity date, investors are given the option to renew their investment for an additional term. This report searches all investments with a given maturity date and establishes a new term (i.e. 1 Year, 4 Year) on the investments. The same investment number is reused, but the maturity information, interest rate, investment type are automatically updated based on the various extension settings established at the type/rate and term category levels. All the term-to-date counters in the investment record are also reset. Maturity notices are generated which convey both the old and new investment details. These maturity notices are typically sent to the investor either via regular mail or via electronic correspondence. To run this report: | ||
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| + | * From the DDI Connect main menu, double-click Financial Services | ||
| + | * Double-click Investments | ||
| + | * Double-click Reports | ||
| + | * Double-click 219 Investment Maturity Extensions Report. The parameters screen will launch: | ||
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| + | [[File:IL219.png]] | ||
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[[Category:Investments Reports]] | [[Category:Investments Reports]] | ||
Revision as of 14:56, 5 March 2012
Overview of IL219
Once investments reach their agreed upon maturity date, investors are given the option to renew their investment for an additional term. This report searches all investments with a given maturity date and establishes a new term (i.e. 1 Year, 4 Year) on the investments. The same investment number is reused, but the maturity information, interest rate, investment type are automatically updated based on the various extension settings established at the type/rate and term category levels. All the term-to-date counters in the investment record are also reset. Maturity notices are generated which convey both the old and new investment details. These maturity notices are typically sent to the investor either via regular mail or via electronic correspondence. To run this report:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Investments
- Double-click Reports
- Double-click 219 Investment Maturity Extensions Report. The parameters screen will launch:
