To set up STAR to PACE Direct, you must:
- Define the STAR to PACE Interface processing parameters for each accounting basis.
- Define source interfaces for non-standard accounting bases.
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You must define several S2P parameter fields on options in the Create/Edit Entity and Create Master Fund panels in Eagle Accounting when you use STAR to PACE Direct processing for the account. For the primary accounting basis, you must set up the:
- Short Term Price Method (tag 1872)
- Delta Process Flag (tag 4758)
- Create Performance Cash Flows in PACE (tag 5398)
- Store Cash Positions in PACE (tag 5563)
- Value at Cost – No Price Found (tag 11454)
- Process Center (tag 4896). Available at the entity level, but not accounting basis level.
These fields are stored in the ENTITY_ACCT_BASIS table for the primary accounting basis. For any secondary accounting basis, you must set similar parameters at the accounting basis level.
To define the STAR to PACE Direct interface Interface fields for an Entity entity or Master Fundmaster fund:
- From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
- Enter Create/Edit Entity, Create Master Fund, or Edit Master Fund/Sector in the Start Search text box.
You see the panel search results. - Click the link you want to use.
You see the panel you selected. - Specify the entity/master fund to add or change.
- Complete the fields required to set the processing parameters for STAR to PACE Direct.
- Repeat this process to set up similar parameters for any secondary accounting basis.
The following table describes the field name and the description of the panel options that affect S2P processing.
Eagle Accounting provides source interface values for standard accounting bases, such as USTAX, GAAP, and STAT. If you want to transfer accounting data for entities with non-standard accounting bases, you must add source interface values for each non-standard accounting bases.
The database tables in Eagle PACE use the source interface value to join to the accounting basis associated with an entity.
To add a source interface for an accounting basis:
- In Accounting Center, in the left navigation pane, click Setup > Admin > STAR to PACE Maintainance > Add Source Interface.
You see the Add Source Interface panel.
- Complete the fields on the panel.
The following table lists the fields and field descriptions for the panel.
Option | Description |
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Date Type | Determines the type of date to use. Options include:
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Acctg Basis | Specifies the accounting basis. For example, USTAX , GAAP, or IFRS. |
Source Name | Displays the short description of the source name. The beginning characters identify the specified Date Type and the ending characters identify the specified Accounting Basis.
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Source Description | Displays the long description of the source name. You can change this value. |
Source Comments | Specifies comments about the source. |
Event Type | Displays the event value ADDSOURCE. |
Partition | Displays the database partition. |
- Click Submit.
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Option | Description |
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Core Accounting Fields |
Short Term Price Method | Specifies how Eagle STAR prices short term debt instruments |
for the entity/accounting basis. The system identifies a short term fixed income security if the period from Issue Date to Maturity Date is less than or equal to 365 days; it does not do so by Processing Security Type. Options include:
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Note: Eagle STAR identifies a short term fixed income security if the period from Issue Date to Maturity Date is less than or equal to 365 days; it does not do so by Processing Security Type
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S2P Direct Interface Fields |
Delta Process Flag | Determines whether STAR to PACE Direct automatically updates accounting data in Eagle PACE when it changes in Eagle STAR per Scheduler settings. Options include:
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Income Delta Process Flag DO NOT USE | This field is not in use. This functionality has been retired. Contact your Relationship Manager for information about processing income to meet your requirements. |
Create Performance Cash Flows in PACE | Determines whether STAR to PACE Direct transfers cash flow information to Eagle PACE to calculate performance values. Options include:
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Store Cash Positions in PACE | Determines whether STAR to PACE Direct generates cash balances for storage in Eagle PACE. Options include:
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Value at Cost – No Price Found | Controls the population of the market value fields in Eagle PACE. Options include:
Note: If you set the Price Date Switch field (tag 9981) to Recent on the Transfer Data Batch panel, the system uses any recent price before pricing the asset at cost. If no price is found, the Market Value defaults to zero. |
Process Center Fields |
Process Center | Specify the Process Center for this entity, if applicable. Grouping entities together operates certain global processes more efficiently. The Process Center values are user defined. Note: You can use the Create Process Center Location panel to create process centers |
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