When any asset is recorded into a Wrap it can either be recorded as ‘Info only’ or ‘New Business’. Any record recorded as ‘Info Only’ will only need the appropriate fields completed within Product, Contributions, Details and, potentially, the Remuneration screens.
If a piece of ‘New Business’ is entered then all the screens above, plus the Administration, Remuneration and Submission screens need to be completed:
These screens can either be accessed from within the Wrap (as shown above).
The relevant screens can also be accessed from within the individual Holding record. All types of assets will have this functionality:
The relevant screens can also be accessed from within the individual Holding record. All types of assets will have this functionality – this is showing the Cash Account:
Once a checklist is selected, the relevant Holding will be displayed with the checklist. In this example the Administration checklist of the Bank Account has been chosen.
The Tasks, Remuneration and Submission screens all work in the same way. If a tab is selected from within the Wrap CCD will navigate to the relevant screen in the individual Holding record.