This method does not create any new transactions, if you would rather edit manually added asset prices without adding transactions then this method can be used.
Begin by starting a new asset statement or valuation report for the account and wrapper à navigate to the Check & Verify Data step of the report wizard.
Here will notice that the report date is set to today’s date.
To add a price for a specific date, the report date should be updated. Once changed, you will see this reflected in the tab showing the individual investment valuations. Let’s say we wanted to add an updated price for this property asset – a re-valuation, occurring on 15th July 2020.
Select the date from the Report Date selector (labelled Reporting Period From or Reporting Period To, depending on the report type),
Now we update to the price, any price changes made, would result in a price for the asset in question being added for the date selected. Editing the figure in the Price field will result in a new price being added to the asset’s price history.
For example, the property asset in question was re-valued at £520,000 on July 15th 2020.
Once edited, you will see that the Value field is also updated – one unit priced at £520,000 is valued at £520,000.
Since this method of re-pricing is intended for use in reports, the effects are not as immediately apparent as when updating prices through the transaction method described in method 1. For example, you won’t see this new price show up on the Wrapper Dashboard until a round of data processing has been completed, ideally an overnight run, to ensure the entire history has been processed and updated.
