How to view, add and buy a security

Primacy Workplace uses the Securities list to hold information about the specific securities your clients trade. This list can include stocks, bonds, and mutual funds. The administrator can add new securities, delete securities or modify existing ones.

These are the standard types of securities supported by Primacy Workplace. For each security type, you may optionally specify the general ledger chart of account assignment to be used when posting transactions. If these GL accounts are not specified, Primacy will use the accounts specified in the investment account category definition.

To view a security type

Click Settings > Lists > Investment management setup > Security types. See Security type (list) for more details.

 The following security types are supported:

• Bonds
• CMOs
• Derivatives
• Documents
• Forward
• Loan
• Mutual funds
• Options
• Precious metals
• Real estate
• Segregated managed portfolios
• Stocks
• Unlisted securities
• Sundry assets

 The GL accounts that are specified include:

• Asset
• Income
• Receivable
• Revaluation
• Realized gain/ loss
• Unrealized gain/ loss
• Capitalized realized

To add a security

1. Click Investment Management > Lists > Securities.
2. Click Add security.
3. Enter values in the fields where appropriate. For more information, see Security (form).
   
   
   
    To ensure that the created security remains active, click the This security is active checkbox.
   
   
4. Click Save. Once the security has been saved, new tabs will appear: Pricing, Price history, Positions, Fee calculations, Documents, Custom fields, and Administration.

To buy a security

1. Click Transactions > Investment transactions > Buy.
2. In the Look for lookup, select the client you would like to work with. Click OK. Once a client has been selected, the Buy security form will display.
   
   
   
   
3. In Security, select the security you would like to buy.
4. Select the Business unit, Investment account, Cash account, and any other remaining, relevant fields.
5. When all fields have been entered, click Next>.
6. Click Finish when complete to submit.
7. Click Client administration > Lists > Unposted transactions.
8. Locate and right-click the Buy transaction and select Approve.