Cleaning Up Your Logbook for Post Fee Only (PFO)

Maintaining an organized logbook is essential for efficient record-keeping. This article provides a simple guide on how to clean up your logbook specifically for Post Fee Only (PFO) transactions.

Step 1: Print the Bundle

The first step in cleaning up your PFO logbook is to print the bundle of records. This serves as a physical copy that you can keep for your personal records. Printing helps ensure that you have documentation available without needing to send any paperwork immediately.

Step 2: Hold Off on Sending Paperwork

You do not need to send any paperwork until you are ready to clear the deals in your logbook. By postponing this step, you can manage and review all entries effectively before finalizing them.

Step 3: Clearing Deals

Once you're prepared to move forward with clearing deals, simply proceed with the necessary steps within your system. After clearance, these deals will automatically archive after approximately two years, helping reduce clutter in your active logs.

Step 4: Accessing Cleared Deals Later

If you wish to access cleared deals at a later date, adjust your filters accordingly within the logging system. Set it to display "cleared" deals so that you can easily retrieve archived information when needed.

Benefits of Regular Cleanup

• Keeps Records Organized: A regular cleanup prevents unnecessary clutter and keeps current transactions easy to find.
• Simplifies Record-Keeping: By archiving older entries after two years, managing ongoing tasks becomes more straightforward.
• Eases Future Retrieval: Adjusting filters allows quick access when reviewing past transactions or audits.

This process streamlines operations related to PFO and ensures that all relevant data remains accessible while maintaining orderliness in your logbook management practices.