===== Security Settlement =====

This section is for understanding how to use the Security Settlement object. Security Settlement is used with Opportunity and Payment records to represent the settlement of a security sale.  

===== Content =====
  * [[donor360:using_donor_360:90Security_Settlement#Custom Fields|Custom Fields]]
  * [[donor360:using_donor_360:90Security_Settlement#Creating Security Settlements|Creating Security Settlements]]

==== Custom Fields ====
Custom fields included are listed below. Use the fields needed for your process to track the details of a security settlement. Some fields are populated on the Payment record (non-cash record type)

  * Amount Sold
  * Broker Fee Amount
  * Gain (Loss) Amount
  * Gain (Loss) on Shares Sold
  * Number of Shares Sold
  * Payment
  * Proceeds Amount
  * Proceeds from Sale
  * Selling Share Price
  * Settlement Date
  * Trade Date

==== Creating Security Settlement ====

  * From the Payment record (a non-cash record type), click **Security Settlement** button

{{ :donor360:using_donor_360:createsecuritysettlement.png?600 |}}

  * This launches a flow, Security Settlement - Input
  * Enter Shares Sold, Trade Date, Settlement Date, Selling Share Price and Broker Fees
  * Click **Complete**

{{ :donor360:using_donor_360:createsecuritysettlementscreen.png?600 |}}


  * Settlement Data now appears on the Payment record and a new Security Settlements record is related.

{{ :donor360:using_donor_360:newsecuritysettlementdata.png?600 |}}

  * A Security Settlement record contains details about the sale of the security. Note the Accounting section is available if Fund 360 package is used with Account Seed.

{{ :donor360:using_donor_360:newsecuritysettlementrecord.png?600 |}}