Fund of funds cash rules, also called fund of funds cash ledger rules, identify define the accounting basis and range of ledger accounts used that the system uses to retrieve the daily cash balance when you process fund of funds cash allocations for an entity. The cash balance that the system retrieves from the cash ledger rule . This cash balance is the starting point of calculating the cash flow and final cash allocations. You can use only ledger accounts from the balance sheet sheet – payables and receivables – as part of the cash balance. After you create a fund of funds cash rule, you can assign that rule to a fund of funds allocation rule. You can then associate the fund of funds allocation rule with a master fund.
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