Eagle's mutual fund accounting solution allows you to process fund of funds cash allocations. You can use the Post Fund of Funds Allocation panel to process allocations manually, as described in Post Fund of Funds Allocations, or can set up the system to process fund of funds allocations automatically. Behind the scenes, there are six main parts of the fund of fund allocation process that the system performs. They include 1) creating a fund of funds processing ID, 2) retrieving staging data, 3) process reinvestment activity, 4) calculating cash flow, 5) calculating fund of funds allocations, and 6) generating pending trades. The following sections describe each part of the process at a high level.
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