Daily Investment Interest Processing
Overview of IL247
NOTE:This report can only be run if your organization is set up to pay interest based on the anniversary of the day of purchase. If your organization is NOT set up with this configuration, the system will display the following error:
The Daily Investment Interest Processing procedure allows interest to be paid based on the anniversary of the purchase date. The program also allows interest to be paid on the day of purchase, rather than forcing payment to the end of the month. This process can be configured to run during your Periodic Job Processing, or it can be run from the menu. To run the process:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Investments
- Double-click Reports
- Double-click 247 Daily Investment Interest Processing. The parameters screen will launch:
You have the following fields available:
| Field | Description |
|---|---|
| Base date | Date as of which you wish to run the processing. This field will default to the business date. You can type the new date in a mm/dd/yyyy format or click the calendar icon to select the date you wish to use |
| Account | If you wish to run the processing for all investments associated with a particular account, you can enter the account number here or click the search icon to locate the account. Leave this field blank to run for all accounts matching the other parameters you set |
| Investment | If you wish to run the processing for a specific investment, you can enter the investment number here or click the list icon to select the investment. Leave this field blank to run for all investments matching the other parameters you set |
| Selection mode | This field defaults to "All Investments". Click the drop down arrow if you wish to switch to the other option, which is EFTS Investments |
Print Options
After clicking the Print Options button you will see the following options. Choose the desired options and click OK to return to the report parameters screen.
| Option | Description |
|---|---|
| Printer | Click the drop down arrow to select from a list of available printers. DDI Connect uses your default printer unless told otherwise |
| Format | Click the drop down arrow to select from a list of available formats. Select paper size, number of columns, and number of rows for printing. Each report has built-in format defaults. Select “Use Defaults” to use the built-in report defaults. The number of rows and columns controls the print size and amount of information per page |
| Memo | If you wish, you can add a memo to the output of the report. NOTE: It is recommended that Word documents be saved with the .docx extension |
| View Report | This option generates a pdf file that is displayed on the screen when the report is generated |
| Archive Report | If this option is selected, the system will archive the report in the DDI Connect report archives. For information on working with archived reports, please reference this page: Archived Report Viewer |
| Print Report | If selected, the system will generate the report output to your default printer. NOTE: You will also receive a pdf version of the report, displayed on your screen |
| Print via PDF | Prints directly to your printer. |
| This option allows you to send a .pdf attachment of the report to the indicated users' email addresses. When OK is clicked, a dialog box will open requesting a recipient | |
| Duplex/Top | Prints the report on both sides of the paper in landscape style. The printer must be capable of printing on both sides or an error will occur |
| Duplex/Side | Prints the report on both sides of the paper in portrait style. The printer must be capable of printing on both sides or an error will occur |
| Green bar | Adds shaded, horizontal bars to the report, making it easier to read across columns |
| No dialog | Selecting this option means that no ‘Report Completed’ dialog will display after the report has been generated |
| Extra copies | If you want extra copies of the report generated, type the number in this field |
Click Start. The system will prompt you with this message:
If you wish to proceed, click Yes. The system will process any investments matching the parameters you established, and then display a summary of the results. Click below to view a sample of this report.
Security Function
Users must pass the security function listed below in order to run this report.
INVOPER
