Differences

This shows you the differences between two versions of the page.

--- administration:administration_related_account_setup [2024/06/04 20:41] – [Account Board Overview] rob
+++ administration:administration_related_account_setup [2024/06/10 11:45] (current) – rob
@@ Line 4: / Line 4: @@
 ====== Setup ======
-<color #ed1c24>Step 1</color>
+==== Step 1 ====
 To enable this feature, each account in the R-Account group will
-need to have a “Parent Account” name applied to it. Note: this “Parent
+need to have a “Related Account” name applied to it.
-Account” name is just a value that links accounts. It does not need to be a
+<WRAP center round info 100%>
+**Note:** this “Related Account” name is just a value that links accounts. It does not need to be a
 real account name or account number. If the group will be drawing its cash from
 a single account, it might be easiest to use that cash account as the value
 here, but it is not a requirement.
-{{:administration:racct_admin_setup_1.png|}}
+</WRAP>
+{{:administration:new_related_setup_stp1.png|}}
+==== Step 2 ====
-<color #ed1c24>Step 2</color>
 We recommend unchecking the box for “Risk Management Enabled” for
@@ Line 23: / Line 28: @@
 will turn off individual account cash limits, but all accounts that are part of
 an R-Account group will always have cash limits applied at the aggregate level.
-Note: individual account clip and position limits will still apply as
+<WRAP center round info 100%>
+**Note:** individual account clip and position limits will still apply as
 normal if desired.
+</WRAP>
-{{:administration:racct_admin_setup_2.png|}}
+{{:administration:new_related_setup_stp2.png|}}
 ====== Available Columns ======
 The latest version of the T4 frontend has several new columns that
 reflect the aggregate accounting values for accounts that are grouped. Click
-the properties button <color #ed1c24>(3)</color> in an Account Board and type “parent” <color #ed1c24>(4)</color> in the
+the properties button <color #ed1c24>(3)</color> in an Account Board and type “r-account” <color #ed1c24>(4)</color> in the
 search bar. You will see a list of R-Account columns that can be enabled. These
 will show the aggregate values for each account included in the R-Account
 group.
-{{:administration:racct_frontend_addcolumn.png|}}
+{{:administration:newracct_columns.png|}}
@@ Line 43: / Line 52: @@
 R-Account feature. Account danger0 started the day with $100k and account
 danger1 started the day with $500k. In the red section of the image, notice
-that both accounts have the same “Parent” chosen: Related Example. The Parent
+that both accounts have the same “Related” chosen: Related Example. The Related
 Balance of $600k reflects the aggregate of the two individual account balances.
 Each subsequent Parent column similarly aggregates the corresponding individual
@@ Line 49: / Line 58: @@
-Note: the “Parent” column does not necessarily relate to a real
+<WRAP center round info 100%>
+**Note:** the “Related” column does not necessarily relate to a real
 account that controls the individual accounts. It is simply the name of the
 group for risk aggregation purposes. The name must match exactly across all
 accounts in order for cash and risk values to be shared. However, the name can
 be set to an existing account name or number if desired.
+</WRAP>
+{{:administration:newracct_board.png|}}
+====== Check List ======
+<WRAP center round tip 100%>
+  * All the accounts need to be in the same firm.
+  * All accounts must be enabled or disabled. (Backoffice only will not work)
+  * There is no cross margining.
+  * All clip and position limits are per account.
+  * It is recommended that the risk modes are all the same. Byportfolio is preferred.
+</WRAP>
-{{:administration:racct_acctboard.png|}}