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The system creates new positions for both STAT and GAAP, sets them to EMA, with the following ledger activity. Accounts specific to the equity method of accounting appear in yellow.
STAT Treatment
Account | Account | Debit | Credit |
|---|---|---|---|
1010000100 | COST OF INVESTMENTS | 10,000.00 | 0.00 |
9999999992 | CONVERSION COST | 0.00 | 10,000.00 |
1011000103 | UNREALIZED APPRECIATION OF UNDISTRIBUTED INCOME | 600.00 | 0.00 |
1011000101 | UNREALIZED APPRECIATION OF INVESTMENTS | 300.00 | 0.00 |
3003000335 | ACCUMULATED UNREALIZED GAIN/LOSS ALLOCATED TO CAPITAL | 0.00 | 300.00 |
1011000202 | UNREALIZED CURRENCY DEPRECIATION OF INVESTMENTS | 0.00 | 200.00 |
3003000336 | ACCUMULATED UNREALIZED CURRENCY GAIN/LOSS ALLOCATED TO CAPITAL | 200.00 | 0.00 |
3003000337 | ACCUMULATED UNREALIZED INCOME/LOSS | 0.00 | 600.00 |
Other Treatment
Account | Account | Debit | Credit |
|---|---|---|---|
1010000100 | COST OF INVESTMENTS | 10,600.00 | 0.00 |
9999999992 | CONVERSION COST | 0.00 | 10,000.00 |
1011000101 | UNREALIZED APPRECIATION OF INVESTMENTS | 300.00 | 0.00 |
3003000335 | ACCUMULATED UNREALIZED GAIN/LOSS ALLOCATED TO CAPITAL | 0.00 | 300.00 |
1011000202 | UNREALIZED CURRENCY DEPRECIATION OF INVESTMENTS | 0.00 | 200.00 |
3003000336 | ACCUMULATED UNREALIZED CURRENCY GAIN/LOSS ALLOCATED TO CAPITAL | 200.00 | 0.00 |
3003000338 | ACCUMULATED UNDISTRIBUTED INVESTMENT INCOME | 0.00 | 600.00 |
In both cases the system stores the Unrealized market, FX, and income/loss amounts on the position and lot levels, for reporting and future transaction purposes.
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