Page Comparison

Fund Information

Entity ID

1163

Specifies the entity identifier.

Entity Name

1164

Specifies entity name.

Accounting Basis

21

Specifies the accounting basis. This option allows you to set up an expense on a secondary accounting basis or designate it to a specific class within the master fund.

Share Class

34

Specifies a valid share class. A share class is a designation, usually alphabetic, given to a fund's shares. For example, if you designate the share class as TF, the system would accrue the expense against the entire or total fund. You may designate a specific share class if a total fund expense is not required.

Expense Information

4971

Allows you to replicate expenses on an expense by expense basis and determines the receivable/payable accounts in which to post the accruals and settlements. This field is hidden. Options include:

• Replicate Expense Accruals and Settlements. Replicates the accruals and settlements across both the primary and secondary accounting bases.

• Replicate Expense Accruals and Settlements Diff Rec/Pay. Replicates the accruals and settlements, but posts them to a different receivable/payable account for each accounting basis.

• Replicate Expense Settlements Only. Creates a one time accrual record at the time of settlement, and posts it to the same receivable/payable account as the accrual basis.

• Replicate Expense Settlements Diff Rec/Pay. Creates a one time accrual record at the time of settlement, but posts it to a different receivable/payable account than the accrual basis.

Expense Account Name

3252

Specifies a valid expense account.

Secondary Basis Expense Account Name

4997

Specifies the replication expense account if it is different than the primary account.

This field only appears when you select Replicate Expense Accruals and Settlements Diff Rec/Pay and Replicate Expense Settlements Diff Rec/Pay.

Accrual Beginning Date

220

Specifies the accrual begin date.

Fee Amount

3201

Specifies the amount you want to accrue.

Fee Currency

85

Specifies the local currency in which the asset is denominated. This field defaults to the base currency of the master fund entity, but allows you to select a local currency.

Calendar/Business Days

824

Indicates whether business or calendar days are used. This field is populated by information stored at the entity level.

Other Information

Accrual Spreading Method

518

Determines the length of time the expense spreads its accrual. Options include:

• 1 Day

• Days in Month

• Days in Fiscal Quarter

• Days in Calendar Quarter

• Days in Fiscal Semi

• Days in Calendar Semi

• Days in Fiscal Year

• Days in Calendar Year

• 12 Months

• User Defined

Accrual Spreading Days

4768

Indicates the number of business or calendar days that the expense spreads its accrual.

This field is only displayed if you set the Accrual Spreading Method to User Defined.

12040

Specifies the acceptable difference, which is measured as a percentage, between the current accrual value and the prior accrual value when you updated an accrual.

NOTE:  Define an accrual tolerance percent or an accrual tolerance amount. Do not define both.

Accrual Tolerance Percent

12039

Specifies the acceptable difference, which is measured as a dollar amount, between the current accrual value and the prior accrual value when you update an accrual.

NOTE:  Define an accrual tolerance percent or an accrual tolerance amount. Do not define both.

Accrual Reset Frequency

1204

Indicates the frequency for updating a fee/expense rule using the corresponding accrual update option. Options include:

• Monthly. Adjusts fee accruals monthly.

• Fiscal Quarterly. Adjusts fee accruals quarterly.

• Fiscal Annually. Adjusts fee accruals annually.

• Cash. Allows you to create a cash basis expense when you need to accrue an expense payment because the fund has no known fee amount or payment date.

• For more information, see Add a Cash Basis Expense

• . 

• Prior Period Adjustment. Adjusts fee accruals for a prior period. Specify a fee amount value for the amount of the adjustment, the Accrual Begin Date for the day you are entering the adjustment, and an Accrual Effective Date for the last day of the period the adjustment affects. For example, if you were adjusting July accruals on August 11th, you would enter 8/11 for the Accrual Begin Date and 7/31 as the Accrual Effective Date.

• None. No fee accruals are adjusted.

Accrual Update Option

12045

Defines the method for updating accruals related to the fee/expense rule. Option includes:

• Accrual Carry Forward. Carries forward outstanding budgeted expense accruals from a prior period to a current period.

12043

Specifies the acceptable monetary difference between the current amount and the prior amount.

NOTE:  Define a payment tolerance amount or a payment tolerance percent. Do not define both.

Payment Tolerance Percent

12042

Specifies the amount the payment can differ from the accrued balance as a percentage of total net assets.

NOTE:  Define a payment tolerance amount or a payment tolerance percent. Do not define both.

Trueup Spreading Method

12044

Indicates the calculation frequency. Options include:

• 1 Day

• Days in Month

• Days in Fiscal Quarter

• Days in Calendar Quarter

• Days in Fiscal Semi

• Days in Calendar year

• 12 Months

• User Defined

Trueup Spreading Days

12053

Specifies the number of days used in the trueup calculation if you use a User Defined trueup spreading method. This field appears if you set the Trueup Spreading Method option to User Defined.