Investment Maturity Extensions Report
Contents
Overview of IL219
Once investments reach their agreed upon maturity date, investors are given the option to renew their investment for an additional term. This report searches all investments with a given maturity date and establishes a new term (i.e. 1 Year, 4 Year) on the investments. The same investment number is reused, but the maturity information, interest rate, investment type are automatically updated based on the various extension settings established at the type/rate and term category levels. All the term-to-date counters in the investment record are also reset. Maturity notices are generated which convey both the old and new investment details. These maturity notices are typically sent to the investor either via regular mail or via electronic correspondence.
NOTE: This report differs from IL246 Investment Maturity Processing in that this process extends the existing investment's maturity date, rather than redeeming into a new investment number
To run this report:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Investments
- Double-click Reports
- Double-click 219 Investment Maturity Extensions Report. The parameters screen will launch:
Report Criteria
| Field | Description | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Base date | Enter the base date as mm/dd/yyyy or click the calendar icon to select the date you wish to use | ||||||||
| Extend | If checked, the system will update the investment data and extend the investments eligible based on your selections. If you do not check this box, the report runs in "preview" mode without making changes to the investments | ||||||||
| Investment | If you wish to run the extension report for a particular investment, you can type the investment number in this field. Leave the field blank to run for all eligible investments | ||||||||
| Create notices | Selecting this option will activate the merge method field and generate notices to the investors | ||||||||
| Merge method | Click the list icon to select the method desired to create the notices. Your options are:
| ||||||||
| Print file copies | Toggle whether to produce additional copies of notices |
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 |
Report Sample
Merge Form Selection Rules
Based on Investment Form Code Selection
Mailmerge Fields
This report generates mailmerge data (max 50) and has the potential to include the following fields.
| Name | Description |
|---|---|
| InvNum | |
| MaturityDt | |
| ExtensionTerms | |
| NewIntRate | |
| NewMaturityDt | |
| PrinBal | |
| Address1 | |
| Address2 | |
| Address3 | |
| Address4 | |
| Address5 | |
| Address6 | |
| Comment | |
| FormPosition | |
| WithinDays | |
| Account | |
| IRA | |
| BaseDate | |
| OwnerPin |
Mailmerge Sample
See Merging Documents for information on how to use the merge screen.
Security Function
Users must pass the security function listed below in order to run this report.
INVOPER
