Investment Property

Investments Property Summary & Register

If you have a client with investment properties then the Investment Property register will need to be manually added into the Preparation workflow.  This will only need to be done once for a client.

In the Preparation workflow, select Actions > Add Reconciliation and choose 'Investment Property Register'

In your preparation workflow, select the Investment Property Register and complete details

• Date of acquisition
• Name / description
• Acquisition cost
  

this can also be imported using the import reconciliation data feature under actions with example template available for downloading.

Once the sum of all investment properties reconciles with the total of linked nominal codes the template will become reconciled (green circle).

If you cannot get this schedule to reconcile please check your mapping first. The following investment property types should be coded as detailed below:

• Investment Property (PPE) – Codes Starting with “11090”
• Investment Property – Codes Starting with “110960 - 110964”
• Additional Investment Property Codes – Codes Starting with “119065- 110969"

To reconcile the individual nominal code reconciliations enter a single line referencing the investment property register.  An internal link between the Investment property register and nominal codes is being reviewed.