Investment Documents & Fund Certificates

Beyond the portfolio system that tracks investment assets, Nama has a second investment world for the paper instruments a company buys and holds: bonds and fund certificates. These behave very differently from an equity stake, so they get their own documents. This page covers both — and they themselves split into two kinds, which is the first thing to get straight.

Required license

Investment documents are part of the accounting-investment-documents license — the same license that covers treasury bills. Screens are under Banks > Investment Documents (and Banks > Document Investments for funds).

Two kinds of instrument — and why both exist

The two answer different needs, so don't mix them up:

• Investment Document (سند استثمار) — a bond-like instrument. You lend money against a paper that has a nominal (name) value and pays a periodic coupon return (ROI). It can be a treasury bond or a company bond, and its principal repayment can be fixed (the whole nominal comes back at maturity) or decreasing (the nominal is paid down over the life of the bond). The return is a known coupon — you're a lender.
• Investment Document Fund (صندوق استثمار وثيقة) — a unit-based fund certificate. You buy a number of units at a unit price, and your holding is worth units × current price. There's no fixed coupon; your gain or loss is the movement in the unit price — you're a unit-holder.

In short: bonds for a fixed, coupon-style return; funds for a price-driven holding. Treasury bills (a third, short-term discount instrument) are covered on their own page.

Investment documents (bonds)

The Investment Document master (Banks > Investment Documents > Investment Document) describes the bond: its type (treasury / company bond), nominal value, coupon rate and ROI period, the fixed / decreasing installments type (with a decreasing start date and the remaining nominal of decreasing tracked), the issue discount / issue premium, the market price, and the investment company. Its status follows the familiar Initial → Ongoing → Closed path.

The bond is brought to life by a chain of documents:

1. Investment Doc Purchase Document (Banks > Investment Documents > Investment Doc Purchase Document) — the purchase, and the document that creates the journal entry. Its effect carries the nominal value debit/credit, plus the issue discount and issue premium (raise) sides — because a bond is rarely bought exactly at par.

   

2. ROI Proof (and Aggregated ROI Proof for several at once) — locking in the periodic coupon return.

3. Claiming — collecting the document's value at maturity.

Investment document funds (unit certificates)

The Investment Document Fund master (Banks > Investment Document > Investment Document Fund) tracks a unit-based holding, valued as units × unit price.

It has its own three documents: a Purchase (buying units), a Sale (selling units), and a Price Update (revaluing the holding as the unit price moves). Because a fund's worth tracks the market, the price-update document is what keeps its value current between buying and selling.

Actions on this screen

One button here saves real work, and it is on the batch document rather than the bond itself:

• Collect Investment Documents — on the Aggregated ROI Proof, it fills the proof lines with the bonds whose return is due to be locked in, so you do not add them one by one. It gathers the documents that are Ongoing and of type treasury bond; company bonds and anything already closed are left out, which is why a bond you expected may not appear.

Profit distribution

When investments yield profit to be shared out among partners, the Profits Distribution Doc (Accounting > Documents > Profits Distribution Doc) records and distributes it according to a Partner shares record. How the split is calculated and what it books is on Partner Shares & Profit Distribution.

For Support

• "Which one do I create — a document or a fund?" — a bond with a nominal value and coupon → Investment Document; a holding measured in units at a unit price → Investment Document Fund.
• "There's no screen to create the bond manually" — the bond master is set up, but its accounting starts with the Purchase Document; the return then comes via ROI Proof.
• "The fund's value is stale" — funds are revalued by a Price Update document; without one, the holding shows its last known price.
• "A decreasing bond's nominal isn't going down" — check the decreasing start date and installments type; the remaining nominal of decreasing tracks what's left.
• "Where do the nominal / discount / premium accounts come from?" — from the Investment Doc Purchase term; see Document terms.

Messages you may see

Message	Why	What to do
Can not make more than one Investment Document Purchase Document For Same Investment Document {0} — «لا يمكن إنشاء أكثر من مستند شراء ملف استثمار لنفس سند الاستثمار {0}»	A second purchase document is being created for a bond that already has one; a bond is bought once.	Edit the existing purchase document instead of creating another.
Can not make Investment Document Claiming Document Before Investment Document Purchase Document For Investment Document {0} — «لا يمكن عمل مستند استحقاق سند استثمار قبل عمل مستند شراء سند استثمار للسند {0}»	A claiming document for the bond carries a value date earlier than the purchase document being saved.	Move the purchase date back before the claiming date, or move the claiming document forward.
Can not make Investment Document ROI Proof Document Before Investment Document Purchase Document For Investment Document {0} — «لا يمكن عمل مستند إثبات عائد سند استثمار قبل عمل مستند شراء سند استثمار للسند {0}»	An ROI proof document for the bond is dated before the purchase document being saved — the return would be proven before the bond was owned.	Correct whichever date is wrong; purchase must always come first.
You can not use field {0} with type {1} — «لا يمكنك استخدام الحقل {0} مع النوع {1}»	The purchase document is of type Treasury Bonds and an installments type has been chosen; treasury bonds have no installment plan.	Clear the installments type, or change the document type.
Can not delete Investment Document Purchase Document For An Investment Document has Investment Document Claiming Document — «لا يمكن مسح مستند شراء سند استثمار لديه مستند استحقاق سند استثمار»	You are deleting the purchase document of a bond that already has a claiming document.	Delete the claiming document first.
Can not delete Investment Document Purchase Document For An Investment Document has Investment Document ROI Proof Document — «لا يمكن مسح مستند شراء سند استثمار لديه مستند اثبات عائد سند استثمار»	The same, for a bond that has a committed ROI proof document.	Delete the ROI proof documents first, then the purchase.
Can not make Investment Document ROI Proof Document Before making Investment Document Purchase Document — «لا يمكن عمل مستند إثبات عائد سند استثمار قبل عمل مستند شراء سند استثمار»	The ROI proof is being saved for a bond with no purchase document at all, or with a purchase dated after the proof.	Record the purchase first, and date it on or before the proof.
Investment Documents with Type Treasury Bonds only Can be selected — «سندات الاستثمار من نوع سندات خزانة فقط التي يمكن اختيارها»	A line on the Aggregated Investment Doc ROI Proof points at a bond that is not of type Treasury Bonds; the aggregated screen only handles those.	Remove the line and prove that bond's return on the single Investment Doc ROI Proof screen.
Can not make Investment Document Claiming Document For Investment Document {0} Without making Investment Document Purchase Document — «لا يمكن إنشاء مستند استحقاق سند استثمار للسند {0} بدون إنشاء مستند شراء سند استثمار»	The bond named on the claiming document has no purchase document.	Create the purchase document for that bond first.
Investment Document Purchase Document Value Date is Greater than Investment Document Claiming Document Value Date — «التاريخ الفعلي لمستند شراء سند الاستثمار أكبر من التاريخ الفعلي لمستند استحقاق سند الاستثمار»	The purchase document is dated on or after the claiming document, so the bond would be claimed before it was bought.	Move the claiming document to a date after the purchase.
Can not make Investment Document ROI Proof Document for Investment Document {0} After making Investment Document Claiming Document — «لا يمكن عمل مستند إثبات عائد لسند الاستثمار {0} بعد عمل مستند استحقاق سند استثمار»	An ROI proof exists with a value date later than the claiming document being saved — the bond would earn a return after it had already been claimed.	Delete or re-date the later ROI proof, or move the claiming document.
You can not use decreasing value because the claiming value date {0} is before decreasing start date {1} — «لا يمكنك استخدام قيمة التناقص حيث أن التاريخ الفعلي للاستحقاق {0} أقل من تاريخ بداية التناقص {1}»	A decreasing value was entered on a claiming document dated before the bond's decreasing start date; the nominal has not begun to fall yet.	Clear the decreasing value, or correct the decreasing start date on the bond.