Newbridge statements will not reconcile on their own, and will always end up in the Trust Accounting To-do stack. Once each metadata field has been reviewed and confirmed, we will click the “Auto-calculate gain/(loss)” button below these fields to reconcile the document.
Extractions:
Ending Balance
Beginning Balance
TX: Purchases
TX: Sales
TX: Deposits
TX: Withdrawals
Income and Distributions
TX: Other
Other: Income
Equations:
TX: Income
={income and distributions} + {other: income}The normal Transaction Detail guidelines will be followed and used for these statements
Table Name: Transaction Detail
Column Names: Date, Description, & Amount
We will not include “Money Market Activity” in the Transaction Detail.