Investment System Settings
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Overview of IL01IN
The Investment System Settings screen establishes certain default settings that are used throughout the Investment application. There are multiple tabs on this screen.
Base Settings Tab
On the base settings tab, you have the following options:
| Field | Description |
|---|---|
| Notice Method | Example |
| Variable Rate Note Basis | Example |
| IRA Fee Method | Example |
| Interest Payment Method | Example |
| Redemption Method | Example |
| Issuance Method | Example |
| Note Amount Format | Example |
| Note Rate Format | Example |
| Approve Notes | A check in this box indicates that an authorized user must review and approve new investment notes before the system will allow a change of business date |
| Print Countersignature | Example |
| Approve Checks | A check in this box indicates that an authorized user must review and approve new checks before the system will allow a change of business date |
| Pay in Purchase Month | Example |
| Approve Demand Deposits | A check in this box indicates that an authorized user must review and approve any additions to demand notes before the system will allow a change of business date |
| Allow Weekend Usage | Indicates if the business date can be changed to a weekend date, as well as whether maturity dates can fall on weekends |
| Detailed Investment Status | Example |
| Uses Renewal Logic | Example |
| IRA Details | Example |
| Accrue After Maturity | Indicates whether to allow interest to accrue after the investment has reached its current maturity date. Checking this box activates this feature when month-end investment interest accrual runs |
