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Author Topic:   FMV update "exceeding transaction limits"
Cathcart
Member
posted 06-17-2002 04:26 PM     Click Here to See the Profile for Cathcart     Edit/Delete Message
I am updating the FMV of a security holding and receive the message "the change in account balance will exceed transaction limits". Cost basis is under 100,000, FMV above 100 Mill. What can I do?

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Pamela
Member
posted 06-19-2002 09:29 AM     Click Here to See the Profile for Pamela   Click Here to Email Pamela     Edit/Delete Message
In Navigator Professional Office Edition Version 8.2 Transaction, the transaction limit is $85,000,009.99 and the system limits (account balance and net worth) are $2,000,000,009.99.

If your FMV update exceeds either one or both of those limits, FN will not allow the update.

A work around for this is to update the price for the asset in increments that do not exceed the $85,000,000 transaction limit until your FMV price is reached.

  1. Select Investments | Enter Prices to Update Securities
  2. Select the valuation date
  3. Select asset account
  4. Enter a price that does not exceed the $85,000,000 transaction limit and select OK
  5. Select OK at the Enter Prices to Update Securities screen for the same asset
  6. Enter the next increment price and select OK
  7. Keep entering the higher price until your target price is reached

Reply to this post if this does not resolve your problem.

[This message has been edited by Pamela (edited 06-19-2002).]

[This message has been edited by David (edited 04-23-2009).]

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