Using Account Numbers

[jnewton]

Mark:

I've noticed that there is an account number field in the portfolio properties and in the security properties within a portfolio. Are these fields different? And how can they be used? For securities I want to use an internal account code to help identify a client's account. Also want use the internal code for generic transaction imports where mulitple accounts are involved. For downloading/reconciling with broker, I want to use the broker's account number at the portfolio level. Am I on the right track?

[Mark]

Hi jnewton,

Yes, they are different. Actually, the investment property is rarely used. For reconciling, retrieving transactions, and importing, the sub-portfolio account number is the one utilized.

Isn't the broker account number the same as the "internal" account code? Is there some reason you have different account numbers?

[jnewton]

My internal account number is essentially a shortened name for the account. Such as a clients initials and purpose. For example RBN-IRA or RBN-LVTST for a client's IRA or Living Trust account. Makes it easy to identify without sacrificing a lot of security. Each transaction has the internal account assigned to it for easy identification.

[Mark]

I see...