Difference between revisions of "Main Page/Billing Rating FAQs\Account Securities"

Revision as of 10:30, 5 September 2014

Creating Account Securities

• There are two steps to creating an account security.
• You must first create an account security type.
• You can then add an account security to an account.

Creating an Account Security Type

• The first step you must take is to create a new Product. This product will have certain attributes which will mean it can be assigned to an Account Security Type later.
• Go to Product - > Product Management -> New Product.

• Create a new product, Ensuring the Product Category is Security. Choose an appropriate ledger code and default price (the price can be overridden later). As this is a physical product you won't need to concern yourself with serialised data,manufacturers and the like.

• Now make your way to the Account Security Type section under the Admin Menu. You will see a button for "Create account Security Type", click on this.

• Choose the Product you created previously, add a price and a description and save.

Adding a New Security to a Customer Account

• Now that you have your Security Type setup you can start using it.
• Navigate to Finance -> Securities OR Navigate to the Account, then the Account Security Tab.

• Click Create New Account Security

• Choose the Security Type, a price and a description. You can either use the default price or you may override it if you wish.

• After this you will see a ledger cardline has been created:

Returning the Security to the Customer

• When the time is right you will want to return the Bond to the Customer, where appropriate. Navigate to the Account-> Account Security Tab -> Click Submit Return

• When this is done, it will create a credit cardline.