Overview
Practifi can record a list of assets and liabilities for a Client on their Household, Organization, or Individual record, giving you a complete picture of each Client's financial position. Users can add assets manually to the Client record to capture this information. However, if assets are managed in an external Portfolio Management System, such as Addepar, Black Diamond, Orion, Tamarac, or other systems, the list will sync automatically from those systems via the integration. This article outlines how to create an asset in your Practifi organization manually.
Occasionally, Practifi Administrators may need to edit or add data for this and other objects. For more information on how to handle bulk data operations, please review our Using Salesforce Inspector Reloaded and Using Data Upload Templates articles.
Financials
The list of assets and liabilities appears in the Financials section, under the Assets subtab, on the Client record.
Assets supplied from an external system, typically from a Portfolio Management System, will appear as rows on the Assets table. To add an asset manually, click the New Asset button in the top right.
Several fields appear, some of which are relevant only for particular asset types. Complete the appropriate fields for the asset, particularly Name, Category, Under Advice, As At, and Current Value. Once this information is entered, click Save to add the asset to the record.
A success message will appear. Click the X on the right side to close the message.
After refreshing the asset list, the new asset will appear.
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