Mutual Funds

Debts & Investments module enables you to set up financial instruments.

The general setup must be performed beforehand.

Specific Setup

Before you enter Mutual Funds, you need to set up certain specifics.

You can access them from the Setup - Module specific menu.

  1. For the MF Code, open the corresponding submenu and click Create.

    The form for a new code is displayed.

A screenshot depicting the function addressed in the current paragraph.

  1. Complete the mandatory fields.

    The ISIN Code is a unique and official identifier assigned to mutual funds.

    You can define freely the Code and the Description.

    The Asset Class to customize beforehand (Code and Description) in the corresponding menu, can help you organizing your mutual funds.

  1. Save your mutual funds code to make it available for use in the creation form for Mutual Funds.

This method corresponds to the calculation mode for the disposal result.

The basket assigns a valuation method to certain mutual funds depending on their characteristics. It allows the management of several methods in the same mutual funds.

  1. Open the MF Result Valuation Method submenu, and click the Create button. The form for a new method is displayed.

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  1. Complete the mandatory fields.

    More than one methods can be used in the same mutual funds, the Basket Code groups operations by method. Select the mutual fields and complete the fields.

  2. Save your basket to make it available for use in the creation form for Mutual Funds.

  1. For the MF Rate, open the corresponding submenu and click Create. The form is displayed.

A screenshot depicting the function addressed in the current paragraph.

  1. Complete the mandatory fields.

  2. Save your mutual funds rate to make it available for use in the creation form for Mutual Funds.

You need to set up the transaction types for sells and buys of mutual funds.

  1. Open the Transaction Type submenu, and click the Create button. The form for a new code is displayed.

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  1. Complete the mandatory fields.

    Create a Code for your transaction type.

    Select Investment as Category and the direction Mutual Funds Buy or Sell as Subcategory.

  2. And finally, complete the fields and tabs.

  3. Save your new transaction type to make it available for use in the creation form for Mutual Funds.

Input

  1. To do so, select Mutual Funds from the Entities menu. The list of the potential transactions appears, which provides a monitoring view of the buy and sell transactions and the calculation of the gains or losses resulting from the sales.

  2. Click the Create button.

    In the form which opens, the information to be entered is grouped in dedicated tabs.

  1. Complete the general tabs considering the following elements.

Important

Some tabs are specific to one instrument, you can find more detail on the general tabs in the topic Overview.

Specifics

In the General Information tab, Participants section, select the Basket code to speed up the entry: the rest of the fields are automatically completed.

In the Settlement tab, flows appear as defined in the Transaction Type of you Mutual Funds.

For Buys, the bank accounts option is still available, whatever the selection of flow generation in the Transaction Type. This prevents any undue impact on balances in case of portfolio transfers for example.

For Sells, the Settlement tab offers you more options. The Display separate sell results option enables you to separate the gains (or losses) from the sale amount.