The Investment Chart of Accounts Reference (INVCOA) page is designed to set rules for automatically determining various Chart of Account (COA) elements during principal (purchase/sale) and earnings investment transactions for each investment account.
When a transaction is entered with an Investment Account, Source Fund, and Source Sub Fund that match those listed in the General Information section of a record on the INVCOA page, the system will automatically infer the appropriate COA elements for the transaction from that matching record.
For an Investment (INVEST) transaction, that records purchases or sales, COA elements under the 'Principal' section will be inferred.
For an Investment Earnings (INVEARN) transaction, COA elements under the 'Earnings' section will be inferred.
This process ensures that the correct COA elements are applied based on the specific type of investment transaction being processed.
Features: Advanced treasury