Elysys Wealth – Investment Transfer Journal for Specific Cost

The investment transfer journal allows now users to automatically transfer the position of an investment cross-company and intra-company, when the costing method is Specific Cost.

How to enable it

Access the Investment Transfer Journal

How it works – use case

Start by adding the transaction details, knowing that the user will process the journal a lot at a time
Once the necessary fields are populated, user will access the Specific Cost ➔ Investment Lot function from the application ribbon
The user will add the Sold Quantity for any lot to be transferred and says OK
The transferred lines will have the Transfer Type field populated in the Investment Ledger Entry

After the transfer, each transferred lot will keep the same Acquisition Date as the initial lots

To transfer another lot, the user will repeat the steps above. You can not transfer all lots at once. For the cross-company transfer, it’s possible to do transfers only if the target company has the same costing method as the source company.