Difference between revisions of "Portfolio Redemptions"

Revision as of 18:29, 1 November 2011

Portfolio payouts - whether they are redemptions or withdrawals - must be done through cash processing. To process:

Enter a new item in an existing batch (or create a new batch) for the amount of the withdrawal or payout. For information on how to enter a new batch, please reference this page: Cash Processing Stage 1

When the item is entered, go to Financial Services and double-click Data Processing

Locate the batch that contains the payout for the portfolio. Click once to highlight it - this will display the items in the Detail area of the screen:

@@ Line 1: / Line 1: @@
-=='''<span style="color:blue;">How do I Process Portfolio Redemptions and/or Withdrawls?</span>'''==
+=='''<span style="color:blue;">How do I Process Portfolio Redemptions and/or Withdrawals?</span>'''==
+Portfolio payouts - whether they are redemptions or withdrawals - must be done through cash processing. To process:
+* From the DDI-Connect main menu, double-click Financial Services
+* Double-click Cash Receipts Stage 1
+* Enter a new item in an existing batch (or create a new batch) for the amount of the withdrawal or payout. For information on how to enter a new batch, please reference this page:  [[Cash Processing Stage 1]]
+* When the item is entered, go to Financial Services and double-click Data Processing
+* Double-click Payment Processing (Stage 2)
+* Locate the batch that contains the payout for the portfolio. Click once to highlight it - this will display the items in the Detail area of the screen:
+* Double-click the