Difference between revisions of "Generate 5498 Statements"

From Documentation
Jump to navigation Jump to search
(Created page with "=='''Overview of IL273'''== Category:Investments Reports")
 
Line 1: Line 1:
 
=='''Overview of IL273'''==
 
=='''Overview of IL273'''==
 +
 +
 +
The Generate 5498 Statements report searches for all contributions made to IRA investments in the year and produces statements that can then be mailed to investors. The report is typically run at the end of year during your organization's year end periodic processing. The report can then update the [[IRS Payee Entry|IRS Reporting System]] so that the information can be reported to the IRS. To generate the report:
 +
 +
 +
* From the DDI Connect main menu, double-click Financial Services
 +
* Double-click Investments
 +
* Double-click Reports
 +
* Double-click 273 Generate 5498 Statements. The parameters screen will launch:
 +
 +
 +
[[File:IL273 1.png]]
 +
 +
 +
You have the following options on this screen:
 +
 +
 +
 +
{| class="wikitable"
 +
|-
 +
! Header text !! Header text
 +
|-
 +
| Example || Example
 +
|-
 +
| Example || Example
 +
|-
 +
| Example || Example
 +
|-
 +
| Example || Example
 +
|-
 +
| Example || Example
 +
|-
 +
| Example || Example
 +
|-
 +
| Example || Example
 +
|}
  
  
  
 
[[Category:Investments Reports]]
 
[[Category:Investments Reports]]

Revision as of 15:40, 29 March 2012

Overview of IL273

The Generate 5498 Statements report searches for all contributions made to IRA investments in the year and produces statements that can then be mailed to investors. The report is typically run at the end of year during your organization's year end periodic processing. The report can then update the IRS Reporting System so that the information can be reported to the IRS. To generate the report:


  • From the DDI Connect main menu, double-click Financial Services
  • Double-click Investments
  • Double-click Reports
  • Double-click 273 Generate 5498 Statements. The parameters screen will launch:


IL273 1.png


You have the following options on this screen:


Header text Header text
Example Example
Example Example
Example Example
Example Example
Example Example
Example Example
Example Example
Retrieved from "https://wiki.ddi.org/ddiconnect/index.php?title=Generate_5498_Statements&oldid=3627"