In the Calculate Pre Post Expense Absorption panel, you can run a pre post expense absorption calculation for set rate distributions. You can use this panel to review the calculated amount of the class expense absorption per day before you post set rate distributions at the end of a non-distribution period. You can review this information in order to make the appropriate decision to either leave the non-distribution period as it is, or to adjust the non-distribution period so that the system spreads the absorption throughout a wider or shorter period.
The Calculate Pre Post Expense Absorption panel allows you to perform a reference query. When you use this panel, no processing actually occurs.
To calculate pre post expense absorption:
- In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Set Rate Distribution > Calculate Pre Post Expense Absorption.
You see the Calculate Pre Post Expense Absorption panel. - In the Entity Id and Entity Name fields, select the unique identifier and name of the master fund associated with the set rate distributions you are reviewing.
- In the Effective Date field, specify the effective date, which identifies the end date of the non-distribution period.
- Click Submit.