When working with manual security snapshots, there is often a time gap between when a manual security–related cash transaction is executed from a custodial account and when the asset itself posts the corresponding transaction. This is shown as Cash in Transit on the Transaction report.
Tamarac Reporting will look back up to 45 days for a corresponding transaction amount in the group for the account. The Cash in Transit transaction will post to Tamarac Reporting.
You will also see Cash in Transit when you have a manual security snapshot and the reinvested check box is cleared. In that instance, a Cash in Transit withdrawal is created and it clears when the reinvestment hits the funding account.