Transactions
Transaction Status
Transaction Status is delineated for each transaction, including those that are incoming (e.g. share sales, income) and those that are outgoing (e.g. share purchases, expenses). The following describes each transactional status:
| Transactional Status | Description |
|---|---|
| Needs Review | Requiring investor action |
| Booked | Occurred |
| Pending | Not yet occurred but are committed to by the investor or by the party with which the investor is transacting |
| Planned | Not yet occurred but represent the intentions or expectations of the investor |
| Disregarded | Intentionally omitted |
Pending and Planned transactions are collectively referred to as Projected transactions.
Transaction Types
Below please find a list of AssetView transaction types with the affects described for each:
| Transaction Type | Affects Cash | Affects Capital | Affects Shares |
|---|---|---|---|
| Buy | Yes | Yes | Yes |
| Sell | Yes | Yes | Yes |
| Expense | Yes | No | No |
| Income | Yes | No | No |
| Capital Investment | Yes | Yes | No |
| Capital Return | Yes | Yes | No |
| Receive | No | Yes | Yes |
| Send | No | Yes | Yes |
| Trade | No | Yes | Yes |
Capital Transactions
Capital transactions allow you to change your cost basis in an investment and affect cash without affect the number of shares of the asset you own (e.g. in an LLC or private fund where capital is returned to you without reducing your ownership of shares).
Send and Receive Transactions
Send and Receive transactions allow you to make changes to the shares you own of an asset without recording a cash offset (e.g. in the case of gifting shares or inheriting shares).
Trade Transactions
AssetView supports a transaction type called Trade in which the base currency is not a part of the transaction. This is in contrast to other transaction types such as a Buy transaction where the base currency is exchanged for an asset. In a Trade transaction you may buy an asset in exchange for another asset. This is often used in cryptocurrency transactions, such as when you buy Bitcoin with Ethereum.
Duplicating
An investor may duplicate an existing transaction.
Control of a Transaction
Transactions are either controlled by you manually or controlled by an Extension that you are running.
| Behavior | Controlled by You | Controlled by an Extension |
|---|---|---|
 |  | |
| Deletion Allowed | Yes | No |
| Disregard Allowed | Yes | Yes |
Updating
To optimize performance, AssetView bundles transaction updates. Once you add or edit a transaction(s), AssetView will prompt you to, when you wish, “Calculate”. The Calculate function calculates quantities and values based on the modifications. You may continue to use AssetView while the Calculation process runs in the background.