How do I write off an Investment Fund investment?

To record a write off of an investment fund in Seraf, follow these instructions:

• Add a transaction for a Distribution of Cash.
• Select the Account the transaction is associated with, using the drop-down list, when relevant. If Enterprise, select the investor for whom the transaction is, and select an investment account, when relevant.  
• Select the Fund from the drop-down list.
• Select Distribution of Cash as the Transaction Type from the drop-down list. 
• Enter the Date of the write off.
• Enter 0.0 for the Amount Distributed. 
• Check the Exit Transaction box.
• Enter a Memo with any important notes.
• Save your entry.

Once completed, the fund should appear in the Exits & Returns section of your portfolio under the tab for Fund Distributions.

Enterprise accounts will need to Update Calculations in order to see the updated records after an exit.