When processing a Corporate Action the following error appears:
“The Target Book Cost for all parcels may not be negative. The Residual Book Cost for all parcels may not be negative.”
This issue is caused by the fact that some parcels of this investment are negative.
Create a new Maintain Parcel Edit Point to adjust the book cost. Refer to our User Guide, Using Maintain Parcel Edit Points, for detailed steps
- You may need to delete and move the balance to another parcel.
- Make sure the Quantity and Book Cost remains the same. Otherwise, this will cause a discrepancy in Statement of Financial Position.
Refer to Corporate Action: Summary of knowledge articles for a summary of knowledge article on Corporate Actions