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Author
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Topic: FMV update "exceeding transaction limits"
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Cathcart Member
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posted 06-17-2002 04:26 PM
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
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posted 06-19-2002 09:29 AM
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. - Select Investments | Enter Prices to Update Securities
- Select the valuation date
- Select asset account
- Enter a price that does not exceed the $85,000,000 transaction limit and select OK
- Select OK at the Enter Prices to Update Securities screen for the same asset
- Enter the next increment price and select OK
- 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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