Recalculate Investor AICs
Overview of IL871
The Recalculate Investor AICs report reviews account information code for investors and updates the codes based on investment status and other factors. This program will only add or update AI codes that are present in the system...if your organization does not utilize one or more of the listed AI codes, they will not be added to the constituents' AI codes. The calculations include:
- If an active investor, use “INVA”
- If a former investor (all investments are closed), use “INVR”
- If a dormant investor, use “INVD”
- If an extended investor, use “INVI”
- If the primary investor (marked as the Tax ID in the account), add "INVP"
- If the secondary investor (linked to the investment account but NOT the reporting tax id), add "INVS"
- If the primary investor without any open investments, add "IPDP"
- If the secondary investor without any open investments, add "IPDS"
- If the primary on dormant investments, add "DORP"
- If the secondary on dormant investments, add "DORS"
- If the primary on inactive investments, add "INAP"
- If the secondary on inactive investments, add "INAS"
- If the account is an IRA holder, add "IRA"
- If the account is a former IRA holder, add "IRAF"
- If the account is an IRA beneficiary, add "IRAB"
The report output displays the name PIN, Old AI Codes and New AI Codes. To run this report:
- From the DDI Connect main menu, double-click Financial Services
- Double-click Investments
- Double-click Reports
- Double-click 871 Recalculate AIC's for Investors. The parameters screen will launch:
The following fields are available on this screen:
| Field | Description |
|---|---|
| Update | If selected, the system will update the account/constituent records with the new AI codes |
| Print only changes | If selected, the report will only display accounts with AI code changes. If left blank, the system will display all investors, regardless of whether or not the AI codes were adjusted |
| Name PIN | If you wish to run the report for a particular PIN, you can do so here. Type the PIN or click the search icon to locate the constituent. Leave the field blank to run for all constituents |
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 generate the report based on the parameters you selected, and display 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.
NACD0009
