This video will take you through how to maintain investments valuations within WealthWorks +.
This video tutorial will assist you in;
- Selecting the correct investment valuations for your system.
- How to add a valuation if using 'Latest Saved Valuations'.
- How to edit or delete a valuation
- An example of the flag you will see on screen, if an valuation is older than 90 days.
Tutorial Transcript
The basis of the investment valuation is now set for each sub-fund
[00:16] These can be changed from the Sub Fund Settings button > Valuation Settings option. The choices you can select are;
- Current Price File. The Investment ledgers on this sub fund will be set to value using the current price file. Contact your system administrator if the price file is out of date.
- Latest Saved Valuation. The Investment ledgers on this sub fund will be set to value using the latest saved valuation entered against these ledgers. Enter a valuation using Add valuation option via the ledger actions button.
- Book Cost only. The Investment ledgers on this sub fund will be set to value using the book cost only.
[00:41] If you select 'Latest Saved Valuation' you will need to manage the valuations. Use the Actions button on each investment ledger and select Add Valuation to add a new valuation. Enter the valuation date and the either the unit price in the entity reporting currency, or the total valuation. Click 'Save'.
[01:13] The units held will be calculated based on the ledger transactions as at the date of the valuation. The units held will be calculated based on the ledger transactions as at the date of the valuation. The investment ledger will display the latest saved valuation in the valuation column. Values older than 90 days or where a transaction has been posted since the last valuation will be alerted as a warning. Existing valuations can be edited and deleted from the Edit valuation option accessed via each investment ledger action button.
This tutorial is confirmed to be applicable from WealthWorks+ release 4.17