shane.oconnor's avatar
shane.oconnor
Valued Supporter
4 months ago
Resolved

Offset Account - Financial Information, Liabilities

Hi, This may be a silly question but here goes. I can find details on how to add offset accounts in xTools modelling however,  how do you record mortgage and offset accounts within financial info...
advice production
  • leah.saunders's avatar
    leah.saunders
    4 months ago

    Hey Shane

    This response will depend on how your groups are set up on your site, but this is what is available. If yours does not look like this, step 1 is to reach out to your Site Administrator.

    I would add the Asset (Cash), and give it a description of Offset Account, (this shows in Liabilities)

     

    When you go to your liabilities section, you should see Assets, and you can link to the Offset Account.

     

    Something to think about if you want the output is that the merge code looks a little different.  I suggest that you look at this code here, as it talks about linked liabilities and assets

    Also, because this was an interesting question, I tested it going to XTools+ modelling. If you input it as above, and then create your XTools+ scenario and import the data, it brings the Asset through as an Associate to the loan.

     

    I hope this helps!

    Kind regards,

    Leah

rainier.reyes's avatar
rainier.reyes
Icon for Advisely Team rankAdvisely Team
4 months ago

No such thing as a silly question here shane.oconnor​ ! Wonder if any of our Xtools aficionados here have any ideas?

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