LIBERTY - NOW AVAILABLE: Enhancements to Receipts Report for Increased Trade Event Visibility

We have introduced enhancements to the Receipts Report, giving you more visibility into redemptions, and making it easier for you to identify and invest cash.
 
What’s New?

• Activity code 526 added: Activity code “526 Full or Partial Call” has been added to the Receipts Report, found in Liberty under Standard Reports.

Activity code 526 is triggered by Liberty when a bond or preferred stock is redeemed. Although this is reported as a Sell, with a realized gain or loss, the timing of this event can be different than the original maturity date and is not triggered by the advisor. 
With these changes, you gain enhanced visibility into redemptions not initiated by you, ensuring cash is invested promptly. As a reminder, the receipts report includes the following activity codes in addition to all cash receipts and transfers in:
 
314    Advisor Fee Reimbursement
321    Custodial Fee Reimbursement
402    Dividend Cash
404    Interest
436    Maturities, Redemption
438    Principal Payment
902    Reimburse Fee
506    Payoff
526    Full or Partial Call

​Questions? Please reach out to your Client Service Advocate.