Transaction Imports

[Guest Larry J]

We receive an electronic download for a plan that has individual FBO accounts for each participant. A participants account may have six fund investments with one account for each investment. The participant may have three sources of funds invested in an account (401(k), Match and P/S). Using the transaction import for transfers apparently requires the use of an account number. We want the transfer to be prorata across the fund sources. Is there a way to do fund to fund transfers in the import module?

[Guest JohnB10]

Unfortunately, there is no way to do this with an import transaction. You'll need to allocate the gains to the sources outside of Quantech if you want to import the data.