3.12.17 Save Transaction

This topic provides instructions to save transaction details in FCIS Redemption Transaction Detail.

Save Transaction

At this stage, you can save the transaction by clicking the Save button at the bottom of the Transaction Information Section. The transaction is saved, and the system generated transaction number (and the reference number, if any) is displayed.

Note:

If the Auto-authorization feature is enabled for the Save operation for the AMC ID, then the transaction is saved as an authorized transaction. If not, it is saved as an unauthorized transaction. In either case, the Transaction Number is generated and displayed when you invoke the Save operation. If concurrent users try to capture transactions for the same investor for a tax year, ISA limit validation might lead to session timeout. This is applicable for both online and gateway users.

Specify Intermediary Details, Override Allocation Loads and Document Details

Specify Intermediary Details, Override Allocation Loads and Document Details, if necessary. Alternatively, the following information may also need to be captured before you save a redemption transaction.

• In the Intermediary section, ensure that all the identified brokers for the unit holder, that have not been disabled as on the application date, have been selected, and that the commission split percentages for all selected brokers sum up to one hundred percent.
• In the Load Override section, you may need to override an allocation-frequency charge or load. There are three options available for such overrides:
  • Discount - will reduce the slab value by the specified percent/amount for all slabs.
  • Return Value - will change the return value for all the slabs to the specified percent/amount.
  • Increase - will increase the slab value by the specified percent/amount for all slabs.
• In the Document Details section, you may need to capture the document id of the unit holder. You can either enter the document id or select the same from the option list provided. This section will be enabled only if your installation is integrated with DMS.

You can now save the transaction.