From the top menu in Office, select Tools, Settings, User Default Settings. Note: These default settings will apply to new clients added into the system.
To set the defaults for Reports, Tax Lot Methods, Transactions, and Management Fees, use the associated drop-down menu for each. You may choose between the Morningstar Default settings or custom settings created by you.
Check the Use Morningstar Price box to accept and use Morningstar-provided security prices, not imported pricing for Morningstar-tracked securities.
Check the Close the Books box to save historical performance data (daily market values, cash flow, etc.) so that this data does not need to be recalculated each time a performance report is run.
Tip: Applying the Close the Books setting has been found to decrease run times for report generation by up to 85%
Check the Turn Off Report Warning Messages box to disable warning messages when generating accounting reports.
Click OK. Your user default settings are saved. You can override these at the account level.
See Also