Add calculated UDF capability
Having the option to create UDFs that are calculated based on other fields would be immensely beneficial. Potential uses include:
Automatic RMD calculation
- Automatically adjust divisor based on client age
- Automatically calculate RMD given 12/31 balance and divisor
- Could create a "Remaining RMD" field that can help track distributions taken to-date
Better reporting on time-based activities -- fields can auto-update based on date triggers
Client groupings that update automatically based on age, AUM, etc.
20
votes
Colin
shared this idea
Redtail’s Product Owner has read the suggestion and there is some internal discussion needed in order to determine next steps.
This suggestion is remaining open and can continue to gather votes and comments!