donor360:using_donor_360:90security_settlement
Security Settlement
This section is for understanding how to use the Security Settlement object. Security Settlement is used with Opportunity and Payment records to represent the settlement of a security sale.
Content
Custom Fields
Custom fields included are listed below. Use the fields needed for your process to track the details of a security settlement. Some fields are populated on the Payment record (non-cash record type)
- Amount Sold
- Broker Fee Amount
- Gain (Loss) Amount
- Gain (Loss) on Shares Sold
- Number of Shares Sold
- Payment
- Proceeds Amount
- Proceeds from Sale
- Selling Share Price
- Settlement Date
- Trade Date
Creating Security Settlement
- From the Payment record (a non-cash record type), click Security Settlement button
- This launches a flow, Security Settlement - Input
- Enter Shares Sold, Trade Date, Settlement Date, Selling Share Price and Broker Fees
- Click Complete
- Settlement Data now appears on the Payment record and a new Security Settlements record is related.
- A Security Settlement record contains details about the sale of the security. Note the Accounting section is available if Fund 360 package is used with Account Seed.
donor360/using_donor_360/90security_settlement.txt · Last modified: by judy.otto