The amounts recognized via this transaction type are purely informative and do not affect cash flow. Use the transaction types"Refund security" and"Credit refund" to record cash flow-effective transactions in accordance with MiFID II.
Refunds are another variant of kickbacks. Proceed as follows to record informative refunds:
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Open the "Enter transactions" worksheet as described above in the section Enter transactions and select the desired holder if necessary.
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Open the DEPOT menu in the "Enter transactions" worksheet.
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Select the transaction type REFUND (INFORMATIVE) at
Depot transaction types.
Use the keyboard to enter refunds with the "Enter transactions" worksheet open as follows: Press the key combination <CTRL>+<1> for the securities account transaction types. Then press the <U> button.
The "Refund" dialog box appears.
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Enter the refund data in the fields. The fields correspond to those of Portfolio commission (informative).
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Confirm the entries with "Enter".