Due to an overwhelming demand, Simple Invest 360 now has the option to add an Individual as a billable Entity type!
Individual Entity Setup
|Begin by hovering the cursor over the Home icon from the Main Toolbar|
|Select Entity Setup from the side menu.|
|When selecting the Type, select Individual from the drop-down menu.|
Proceed to fill out the remaining details on the Individual Setup page. For further information about this page, please see our article - Entity Setup.
Pre-filling data from an existing contact
When setting up an Individual Entity type, users have the ability to pre-fill data from an existing contact.
To use this option, users would select an existing contact in Simple Invest 360. Please see the following article for instructions on how to navigate to our contacts screen and add a new contact - Contact screen
Once the contact has been set up, users will be able to pre-fill data from an existing contact when setting up the Individual Entity type. This can be done when filling out the Details section of the Individual Setup page.
When entering the First Name(s), there will be an option next to it titled Select Contact (?). To bring in the details of an existing contact, select this option.
Select a pre-existing contact from the drop-down menu
When creating an individual from an existing contact the following information will be prefilled:
- First Name
- Other Name
- Date of Birth
- Address (Postal and Registered are same from contact address).
Simple Invest 360 allows for a range of options to fast track the input of investments.
See the following articles:
Note that users will have to create the sub-accounts manually for Individual accounts eg. Opening Balance, Drawings, etc. This can be completed within the Chart of Accounts.