How To Correct Investment Interest Paid Out Instead of Transferred

We were doing an investment rollover and inadvertently chose to pay interest instead of transferring it to the new investment. How can we correct?

There are three options:

• If you did not effective date the transaction and you are still in the business date on which the transaction occurred, you can do a Financial Transaction Erase. NOTE: This will only work if you have not printed the check/marked the wire as sent

• If you effective dated the transaction or are not on the same business date as the transaction date, you can either:
  • Mark the wire as sent/print the check and then do an Investment Re-deposit by creating a cash batch for the amount of the payout and processing it appropriately
  • Mark the wire as denied/print the check to paper and then do the necessary Financial Adjustments