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After you add contract cash rules, you can assign contract cash rules to the entities and master funds that use contract cash processing and can identify the settlement date to use for contract cash processing.

WRITERS NOTE: after review also update these field definitions on entity panel and Master Fund panel and link to new section.

To set up entities for use with contract cash processing:

  1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.

  2. Enter the panel name to add or change a basic accounting entity or master fund in the Start Search text box.
    You can specify options related to contract cash using the Create/Edit Entity panel, Create Master Fund panel, Edit a Basis on a Portfolio, or Edit Master Fund/Sector panel. These panels are available in Portfolio Data Center and in Accounting Center. 

  3. Click the link to access the panel.

  4. In the Contract Settle Indicator field, specify the settlement date the system uses during contract cash processing.
    If you do not specify an option, the contract cash process uses the contractual settlement date for settlement. Options include:
    - Contractual Settlement Date. The system uses the contractual settlement date of the transaction for settlement during contract cash processing.
    - Contractual Settlement Date plus 1 Day. The system use the contractual settlement date of the transaction plus one day for settlement during contract cash processing.

  5. In the Contractual Cash Settlement Rule Name field, specify the name of the contract cash rule that the system uses to determine whether to settle transactions through the contract cash process. You can select one of the following default contract cash rules or you can select a custom contract cash rule that you created to support your workfow:
    - DEFAULTTRDINC. Settles trades and income.
    - DEFAULTTRDINCNOCA. Settles trades and income. No corporate actions.
    - DEFAULTTRDONLY. Settles trades only.
    - DEFAULTTRDONLYNOCA. Settles trades. No corporate actions.
    - DEFAULTINCONLY. Settles income only.
    - DEFAULTINCONLYNOCA. Settles income. No corporate actions.
    - DEFAULTNONE. Settles no transactions.

  6. Complete the remaining options on the panel.

  7. Save your changes.