The following are the key options in the Adjust Equity Method Positions panel. You can use this panel to enter a cost adjustment for a position that uses the equity method of accounting when you impair the position, add a new partner, or record an additional investment. Note options may vary according to your selections.
Option | Tag | Description |
|---|---|---|
Entity Information | ||
Entity ID | 1163 | Specifies the unique identifier of the entity. |
Entity Name | 1164 | Specifies the name of the entity. |
Base Currency | 86 | Displays the base currency of the entity. |
Accounting Basis | 21 | Specifies the accounting basis for the entity. You see the primary accounting basis for the entity by default. You can select a secondary basis from the lookup. |
EMA Treatment | 16084 | Displays the Equity Method Treatment field value for the selected accounting basis, which identifies the treatment of assets held under the equity method of accounting. Options include:
|
Security Information | ||
Long/Short Indicator | 15 | Displays an L (long) or S (short) to indicate whether the position is long or short. |
Cross Reference Type | 1234 | Specifies the cross reference type associated with the security. |
Cross Reference ID | 1233 | Specifies the cross reference identifier associated with the security. |
Issue Name | 961 | Specifies the name of the security. You can choose a security with a processing security type of Common Stock (EQCSCS) or Joint Venture/Limited Liability/Partnership (JVLCLP). |
Ticker | 13 | Specifies the trade ticker of the security. |
EMA Cost Flag | 16092 | Displays the accounting method for the accounting basis/security. Values include Equity Method (EMA) or the STAR method of accounting (STAR). |
Instrument Type | 11 | Displays the instrument type. A security with a processing security type of Common Stock (EQCSCS) has an Instrument Type of Equity (EQ). |
A security with a Joint Venture/Limited Liability/Partnership (JVLCLP) processing security type has an Investment Type of |
Equity/Cost Method (EC), | ||
Security Type | 82 | Displays the security type of the asset. |
Issue Currency | 85 | Displays the local currency of the security. |
Shares Outstanding | 3244 | Displays the remaining shares in the hands of investors for the security. |
Accounting Information | ||
Acquisition Date | 216 | Displays the date that the position was originally acquired. |
Effective Date | 35 | Specifies the effective date of the trade. |
The trade date cannot be greater than the post date, accounting date, or settlement date. | ||
Accounting Date | 36 | Specifies the date the trade is reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date. |
Monthly Accounting Date | 4733 | Displays the month end accounting date. |
Settlement Date | 37 | Specifies the date the trade is settled. |
Position Quantity | 122 | Displays the current quantity of the position. |
Quantity Type | 12 | Displays the quantity generally accepted as a standard for exchange for the security. When you select a security with a processing security type for Common Stock (EQCSCS), this field displays Shares. When you select a security with a processing security type of JVLCLP (Joint Venture/Limited Liability/Partnership), values can include Shares, Units, or Percentage. |
Local Unit Cost | 124 | Displays the average unit cost of the position in local currency. |
Base Unit Cost | 125 | Displays the average unit cost of the position in base currency. |
Cost Amortized ID Local | 2689 | Displays the amortized identified cost in local currency. |
Cost Amortized ID Base | 2690 | Displays the amortized identified cost in base currency. |
Local Current Cost | 128 | Displays the current identified cost basis in local currency. |
Base Current Cost | 129 | Displays the current identified cost basis in base currency. |
Adjustment Information | ||
Adjustment Type | 7005 | Identifies the type of adjustment for the position. After you select an adjustment type, you see the fields related to that adjustment type in this section. Options include:
|
Transaction Notes | 56 | Displays the reason for the adjustment. For example, EMAIMPAIR, EMANEWPART, EMAADDINV. |
Impairment Amount Local | 2700 | Specifies the impairment/credit loss amount in local currency for the selected accounting basis. This field appears for an Impairment adjustment type. |
Current Unrealized Undistributed Income Local | 7351 | Displays the current undistributed investment income local for the position. |
This field appears for a New Partner Added adjustment |
type for accounting bases that use the EMA Treatment of STAT. | ||
Current Undistributed Investment Income Local | 7352 | Displays the current undistributed investment income local for the position. |
This field appears for a New Partner Added adjustment |
type for accounting bases that use the EMA Treatment of Other. | ||
Local Cost Adjustment | 50 | Specifies the net amount of the adjustment in local currency. This field appears for an Additional Investment adjustment type. |
New Partner: Resulting Gain/(Loss) | 7007 | Indicates whether the new partner added results in gain or loss for the equity method position. Options include:
|
Unrealized Undistributed Income Local | 7353 | Specifies the unrealized undistributed income local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Income/Gain. |
Unrealized Undistributed Loss Local | 7354 | Specifies the unrealized undistributed loss local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Loss. |
Undistributed Investment Income Local | 7355 | Specifies the undistributed investment income local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Income/Gain. |
Undistributed Investment Loss Local | 7356 | Specifies the undistributed investment loss local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Loss. |
Local to Base FX Rate | 87 | Specifies the asset currency to portfolio base currency exchange rate. This value is expressed as units of asset currency to one unit of portfolio base currency. |
This field is available when the base currency and issue currency differ. | ||
Impairment Ltd Base | 2701 | Displays the impairment/credit loss life-to-date amount in base currency. This field appears for an Impairment adjustment type. |
Current Unrealized Undistributed Income Base | 7431 | Displays the current undistributed investment income base for the position. |
This field appears for a New Partner Added adjustment |
type for accounting bases that use the EMA Treatment of STAT. | ||
Current Undistributed Investment income Base | 7432 | Displays the current undistributed investment income base for the position. |
This field appears for a New Partner Added adjustment |
type for accounting bases that use the EMA Treatment of Other. | ||
Base Cost Adjustment | 478 | Displays the base amount of the trade amount. This field appears for an Impairment adjustment type. |
Unrealized Undistributed Income Base | 7433 | Displays the unrealized undistributed income base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Income/Gain. |
Unrealized Undistributed Loss Base | 7434 | Displays the unrealized undistributed loss base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Loss. |
Undistributed Investment Income Base | 7435 | Specifies the undistributed investment income base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Income/Gain. |
Undistributed Investment Loss Base | 7436 | Displays the undistributed investment loss base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Income/Gain. |
Current Ownership Percentage | 7660 | Displays the current ownership percentage for the position. This field appears for an adjustment type of Additional Investment. |
Ownership Percentage | 16085 | Specifies the percentage of ownership in a partnership, joint venture, or limited liability company to use for the transaction. |
If the security has a quantity type of Shares or Units, you can specify a value that the system uses for information only as part of the adjustment. |
This field appears for an adjustment type of Additional Investment when the security has a Quantity Type of Shares or Units. | ||
Current Commitment | 7663 | Displays the current commitment amount on the position. |
This field appears for an adjustment type of Additional Investment. | ||
Commitment | 7664 | Specifies the amount committed by the investor in the partnership, joint venture, or limited liability corporation for this transaction. The system only tracks the commitment for the STAT basis, if one exists. |
This field appears for an adjustment type of Additional Investment. |