...
A Control Center edit test, the Late Expense Differential Activity test, can alert you when you make class level expense adjustments after the system posts the fund’s distribution for the day (or after it posts an expense absorption on the last day of the year). The default EAGLE CC-Trigger-Txn-Close-Events schedule includes this edit. You can then reprocess the distribution or you can cancel/rebook the expense adjustment to the following day to include it in the next day's distribution expense differential. If you rerun the edit test after either of those actions, it automatically clears. Otherwise, if you take no action, you need to manually approve the edit test with explanatory comments. The NAV Reconciliation process and edit test can help manage day over day expense impacts to the fund. The mil rate edits also support funds with the set rate distribution method.
The following next two sections describe set rate distribution processing in detail.
...