Plausibility checks on transactions

Portfolio service plausibility check" module

Examination	Active	Severity	Description
Bond interest rates: Bond type is correct	✓	Note	Checks whether the bond type supports coupons for interest payments on bonds (i.e. is not a zero bond).
Bond interest payments at interest payment date		Note	Checks whether a corresponding interest date exists for bond interest payments made. Use the "Time tolerance (days)" input field in the properties of the test to set the time in days that the interest payment is before or after the interest payment date without the test being triggered.
Certain transactions only on existing special assets	✓	Warning	Checks whether variation margin, initial margin repayment, liquidation of fixed-term deposits or loan repayments are made on an existing special investment.
Subscription right discount only on shares	✓	Warning	Checks whether the security is a share for transactions of the type "subscription right discount".
Subscription right discount only on existing shares	✓	Warning	Checks whether the number of units on which the subscription right discount is posted exceeds the existing number.
Exchange rate occupied and greater than zero	✓	Warning	Checks whether a number greater than zero has been entered for the exchange rate. For forward exchange transactions, the entry of a forward exchange rate is checked in the same way.
Income transactions maximum on existing portfolio	✓	Warning	Checks whether income transactions relate to more units than are available.
Maturity of futures on the "maturity" date	✓	Note	Checks whether the date of posting the maturity of futures matches the master data field "Maturity". Use the "Time tolerance (days)" input field in the properties of the test to set the time in days that can elapse between the exercise of the derivative and the term specified in the futures master data without the test failing.
Fund distributions only on distributing funds	✓	Note	Checks whether the security is a distributing fund for transactions of the type "Fund distribution".
Fund reinvestments only on accumulating funds	✓	Note	Checks whether the security is an accumulating fund for transactions of the type "fund accumulation".
Fees recorded		Note	Checks whether fees were recorded when buying or selling (more precisely: whether the sum of the fees is not equal to zero).
Bonus shares only on shares	✓	Warning	Checks whether the security is a share for transactions of the type "bonus shares".
Trading center		Warning	Checks whether a trading center is assigned to the transaction.
No closing of derivatives without sufficient inventory	✓	Warning	Checks whether there are sufficient units in the portfolio when closing derivatives with a long/short marker.
No direct transition between long and short	✓	Warning	Checks whether the transaction does not create a transition from a long to a short position (or vice versa).
No short positions	✓	Warning	Checks whether the stock becomes negative as a result of a stock-changing transaction. This test only makes sense if no short positions are to occur
No transactions on indices and economic data	✓	Warning	Checks whether transactions take place on indices or economic data.
Combined transaction Posting subscription right: Types of securities	✓	Warning	Checks whether the transaction takes place on shares and subscription rights.
Account no. (time deposit, loan, margin)	✓	Note	Checks whether a value has been assigned to the "Fixed-term deposit account no." field for fixed-term deposits, "Loan account no." for loans and "Margin account" for margins.
Account interest greater than zero		Note	Checks whether the interest rate of the account is greater than zero for an account interest payment.
Price for exogenous deliveries not equal to zero	✓	Warning	Checks whether a valuation rate other than zero has been entered for exogenous deliveries.
Rates in transaction match rates from rate system		Note	Checks whether the deviation of the rate specified in the transaction from the rate from the rate system (if available) is within the configured permissible tolerance.
Storage location		Note	Checks whether a storage location is specified. The check only takes place if a storage location can also be entered.
VAT may not exceed the total amount	✓	Warning	Checks whether the VAT included in advertising costs, custody account fees and VV fees is less than the total amount.
Par value repayment on shares only	✓	Warning	Checks whether the security is a share for transactions of the type "par value repayment".
No more repayments than the loan amount	✓	Warning	Checks whether the repayments exceed the loan amount.
Pool factor repayments with plausible values		Note	Checks whether the amount of a pool factor repayment (plus tax) corresponds to the calculated value.
Pool factor repayments only on bonds with a pool factor	✓	Note	Checks whether the security is a bond with a pool factor for transactions of the type "pool factor repayment".
Balance of the margin account positive	✓	Warning	Checks whether the balance of the margin account is positive.
Final day in the future	✓	Warning	Checks whether the closing date of the transaction is in the past or today. Today refers to the system time.
Splitting only on shares or funds	✓	Warning	Checks whether the security is of type "share" or "fund" for transactions of type "splitting".
Tax sum	✓	Warning	Checks whether the tax sum is greater than or equal to zero but less than the tax base if the tax base is positive.
Tax currency assigned	✓	Note	Checks whether a value is assigned to the "Tax currency" field if the tax base or the sum of the taxes is not zero.
Transaction by "Created on" date	✓	Warning	Checks whether the transaction date is after or on the "Created on" date of the accounts and securities accounts involved. It is sufficient if one of the participating accounts (can be up to two) or the custody account (here there is a maximum of one) fulfills the condition. If no account/deposit is selected, the test is deemed to have been passed. The transaction date (not the value date) of the transaction is checked.
Transaction date before deactivation date	✓	Error	Checks whether the transaction date is before the deactivation date of the accounts and securities accounts involved. It is sufficient if one of the participating accounts (can be up to two) or the custody account fulfills the condition. If no account/deposit is selected, the test is deemed to have been passed. The transaction date (not the value date) of the transaction is checked.
Transaction currency	✓	Note	Checks whether a value is assigned to the field "Transaction currency" (or "Income currency" or "Currency", depending on the transaction type).
Consistent currencies and amounts when liquidating fixed-term deposits		Warning	Checks whether the fixed-term deposit and account currency match the opening entry when closing fixed-term deposits and whether the amount corresponds to the amount of the opening entry.
Exchange rate consistent in transaction and exchange rate system		Note	Checks whether the difference between the exchange rates specified in the transaction (trade currency to account currency and, if applicable, tax currency to account currency) and the exchange rates from the exchange rate system is within the configured permissible tolerance.
Exchange rates	✓	Warning	Checks whether the tax and transaction exchange rates match. The check only takes place if the tax currency and transaction currency match.
Security has currency	✓	Warning	Checks whether a currency other than "n/a" is assigned in the master data of the posted security.
The right time to liquidate fixed-term deposits		Warning	Checks whether the date on which fixed-term deposits are closed matches the "Maturity" value.
Interest rate for loans and fixed-term deposits		Note	Checks whether the interest rate on loans and fixed-term deposits is within the specified range.
Interest calculation method for fixed-term deposits		Note	Checks whether an interest calculation method has been entered in the "Calculation" field for the fixed-term deposit.

Plausibility checks that refer to stocks always take storage locations into account. Note this if, for example, you have switched off the storage position separation in the asset overview and are carrying out the checks.