In the Global Process workspace's Unit Splits panel, you can process unit separation corporate actions globally. Global processing only uses unit separations in the Corporate Action table that have a corporate action status of Released.
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To process a unit separation corporate action globally:
In Accounting Center, in the left navigation pane, click Processing and Exceptions > Global Processes.
You see the Global Process workspace.In the left navigation, click Corporate Actions > Unit Splits.
You see the Unit Splits panel.Complete the options on the Unit Splits panel.
Click Submit.
The system processes the corporate actions that met your global processing criteria. It only processes mandatory corporate actions that have a status of Released, along with corporate actions with voluntary elections that have an Entity Election Status of Released. It processes the entitlements to the appropriate entities based on the reference data entered for the corporate action. When processing completes, the Global Process workspace displays the results of the job.
You can run reports to check the position or ledger entries or can review your results in Position Viewer. You can see transactions with a merger Event Type and a Corporate Action Type value for unit separations in the Cost object's Close and Open Lots tabs.
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