Some transactions are suspect and should be checked before posting regardless of which broker sends them. If you are unsure, block the transaction and call Tech Support for more information.
|Journals||Always re-code||Journals are always something else in reality. Posting them can corrupt your performance returns. Figure how what’s really happening and change the transaction accordingly.|
|Usually block||It’s better to change the name of the stock in the securities field or follow the merger/spinoff procedures depending on the situation. Using receipts/transfers to handle a name change corrupts the cost basis and may affect performance.|
|Credit/Debit||Always check before posting||Credits and debits should be checked to see what is happening in reality. They may or may not need to be re-coded depending on the situation. Credits/Debits are used for spinoffs, mergers, or exchanges, but often you want to block these transactions and use the Transaction Wizard instead.|
|Receipt/Transfer||Always check before posting||Like credits/debits, receipts/transfers may or may not need to be re-coded. Receipts/Transfers are used for securities moved in/out of accounts. But some brokers use them for name changes, corporate actions and corrections — all of which should be handled differently.|
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