A.1.30.4 Equity In Transfer Transaction
Equity In Transfer monetary transaction is automatically posted by the system to update Equity to new account created as part of trade.
Table A-58 Equity In transaction parameters
| Transaction | Parameters |
|---|---|
| EQUITY IN TRANSFER | TXN DATE |
| ACCOUNT NBR | |
| AMOUNT | |
| COMMENT | |
| TRADE TYPE |
On successfully posting the transaction, the Equity In field is updated in Account Details > Trade Details screen and a comment is posted on the existing (old) account in the format ACCOUNT EQUITY IN RECEIVED ON <DATE> FROM ACCOUNT NUMBER <ACCOUNT NUMBER> WITH VALUE <VALUE>, <TRADE TYPE> AND <COMMENT>.
Parent topic: Trading of Accounts - Monetary Transactions