APL |
POSTDISTMULT |
POSTDISTMULT
Used to process a non-taxable distribution for multiple accounts.
- Type POSTDISTMULT and press
Enter ↵
The following will appear:
X-REF FOR OLD SECURITY (ENTER SACUS, TICK, CUSIP):
- Type the security identifier for the original security and press
Enter ↵
The following will appear:
NUMBER OF SECURITIES BEING RECEIVED :
- Type the number of new securities being received and press
Enter ↵
Note: Up to 10 new securities can be received back into the account. If the original security is being received back into the account, the security has to be included in the number of new securities being received back into the account.
The following will appear:
X-REF FOR NEW SECURITY # 1 (ENTER SACUS, TICK, CUSIP):
- Type the security identifier for the new security and press
Enter ↵
Note: The number of times you will have to enter in the security identifier for new securities depends on how many new securities are being received back into the account.
The following will appear:
AS OF DATE (MM/DD/YY) - HIT ENTER FOR CURPRDATE :
- Type the ex-distribution date of the distribution and press
Enter ↵
The following will appear:
SEARCH FOR WHAT?
- Type the account selection for which you are processing the distribution and press
Enter ↵
The following will appear:
NEXT OPERATION (HIT RETURN WHEN DONE, OR TYPE HELP):
- Type additional commands for sorting or increasing or decreasing the account selection and press
Enter ↵or simplyEnter ↵
The following will appear:
ENTER PRICE:
- Type the price of the original security on the ex-date. If a special price has been reported for use, that is the price you should enter and then press
Enter ↵
The following will appear:
ENTER CONVERSION DATE - HIT ENTER FOR CURPRDATE :
- Type the pay date of the distribution and press
Enter ↵
The following will appear:
ENTER NUMBER OF OLD SHARES:
- Type the number of shares of the original security you must have to receive the new shares and press
Enter ↵
The following will appear:
ENTER NUMBER OF NEW SHARES FOR SECURITY # x:
- Type the number of new shares to be received and press
Enter ↵
Note: Again, the number of times you will have to answer this question depends on the number of new securities being received back into the account.
The following will appear:
ENTER COST (IE. .70) ASSIGNED TO NEW SECURITY # 1:
- Type what percent of the original cost of the original security should be allocated to the first new security or the original security and press
Enter ↵
The following will appear:
ENTER COST (IE. .30) ASSIGNED TO NEW SHARES:
- Type what percent of the original cost of the original security should be allocated to the new security and press
Enter ↵
Note: The number of times you will have to answer this depends on how many new securities are being received back into the account.
If the percentages do not add up to 1 (which will say 100 on the system), you will receive an error message and will be prompted to enter the information again:
PERCENTS DO NOT ADD UP TO 100. PLEASE ADJUST
A trades batch is created.
- To exit, type (Q and press
Enter ↵
The data in EDPORT will be posted in the same manner as with using the POSTDIST function.
Important: All information should be checked before posting the batch. If any changes need to be made because of incorrect information, delete the original batch using DELBATCH and rerun the function.