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Reviewing Pending Transactions

When a transaction is initiated in iPAS, Q2 can receive it with a Pending (MARK) status until an administrator approves or rejects the transaction.

To review pending transactions:

1. Log on to Q2.
2. From the Q2 Menu Bar, select Trade Activity > Review Pending Transactions. A Pending Transaction Review screen displays with instructions to enter the tab name.
3. Type a tab name (or keep the default Pending Transaction Review), and click OK. A blank Pending Transaction Review blotter displays.
4. Right-click on the blotter and select Data Procedures > Load MARK Transactions. The Load Mark Transactions form displays.
5. Complete the Load Mark Transactions form:

• Start Date - the effective date of the transaction (if the Evaluation basis is Trade, Settle, or Cash), or the posted date (if the Evaluation basis is Posted)
• End Date - today, or the effective date of the transaction
• Evaluation basis - Trade, Settle, Cash, Posted
• Portfolio - the portfolio where your iPAS transactions occur
• Funds/Accounts - All Available, Specify Selections
• Security-types - All Available, Specify Selections
• Investments - All Available, Specify Selections
• Mark Types - All, Pending, Rejected
• Txn types - All, Contribution, Withdrawal, Transfer

Note: You can also load saved search criteria, save this search criteria, or reset the form back to the default criteria.

6. Click Run. A list of outstanding/marked transactions displays in the Pending Transaction Review blotter.

Note: The View Messages... field displays the status in the Load Mark Transactions form. The status also displays on the Pending Transaction Review blotter.

7. Click (select) the transaction you wish to approve or reject.
8. Click Approve, Reject, Review Later, or Dismiss.
9. Click Approve to accept the transaction request and start the transaction process. The transaction copies to a new section of the blotter depending on the type of transaction it is. The original line on the Pending Transaction Review blotter displays Delete at the transaction.
10. Click Reject to decline the transaction request and stop the transaction process. The line on the Pending Transaction Review blotter turns red.
11. Click Review Later to keep the transaction as pending and review it later.
12. Click Dismiss to close the Pending Transaction Reviewblotter.

9. Click Post (from the Q2 icon bar) to finalize the transactions and recalculate the balances. The confirmation message "Are you sure you want to post?" displays.

• Click Yes to post the transactions.
• Click No to return to the Pending Transaction Review blotter without posting the transactions.

10. The Investment Balance in iPAS for any fund you reviewed updates to show the transactions that are no longer pending.
11. Click Dismiss on thePending Transaction Review blotter and the Load Mark Transactions form to close them.
12. If you are done working in Q2, select File > Exit from the QMenu to log off.

QED Financial Systems • 10,000 Sagemore Drive • Marlton • New Jersey • 08053
Tel.: 856.797.1200 • Fax: 856.797.9719 • www.QEDFinancialSystems.com

Last Updated 7/29/2008