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Create a Custom Profile

You need to create a new code value for your custom profile.

To create a custom profile:

  1. In Accounting Center, in the left navigation, select Setup > Codes.
    You see the Codes workspace with the list of available code categories.

  2. In the Codes/Code Values tab, click the chevron icon to the right of the workspace to expand the Search Details pane.

  3. In the Max Row Code Name field, enter 4999 and press Enter.Complete the search criteria. Click the green plus sign for additional criteria‘override’ and select the option with the LEDGER_OVERRIDE code name and the Ledger Closeout Transfer Profile Override code description.

  4. Click the Search button in the Search Details pane.
    You see the search results based on the criteria you selected.Select the code you want to

  5. edit and then click Edit on the Home tabIn the Codes/Code Values tab, click the chevron icon to the left of the LEDGER_OVERRIDE code name to view the values currently populated within the Code Value table.

  6. Right click on the desired value in the table and select Create New.
    You see the Edit Code/Code Value wizard.

  7. Select the Code Values tab and click Add Code Value.

  8. Click the Code Value Short Description box and enter a short description/short name for the code.

  9. Click the Code Value Long Description box and enter a short description/long name for the code.

  10. Click the Source list to select a source to which the code value belongs to. Otherwise use the Advanced Search to select a source.

  11. Click the Code Value System Control box and enter a system control value.
    By default, the system control value is set as S.

  12. Click Save & Close.

On this page

Assign the New Custom Profile to the Entity

You can assign the new custom profile to your entity, master fund entity, or accounting basis.

To assign the custom profile to the entity:

  1. In Accounting Center, in the left navigation, select Setup > Portfolio Setup > Entities > Create/Edit Entity.
    You see the Create/Edit Entity panel.

  2. In the Ledger Closeout Override Profile field, select the new custom profile code.

  3. Click Submit & Close.

Customize Custom Profiles

Before you proceed with the following steps, verify that your entity is properly set up.

To customize your your custom profiles:

  1. In Accounting Center, in the left navigation, select Setup > Ledger > Ledger Profiles > Ledger Item Editor.
    You see the Ledger Item Editor workspace.

  2. In the View area, select the My Transfers view. 

  3. To trigger the core ledger accounts to populate, on the Ledger Item Editor tab, in the Common group, click Reload Profiles.

  4. In the Target and Offset group, click New Target and Offset Values.
    You see a new row at the bottom of the left grid. The new row contains blank values.

  5. In the Transfer Category list, select the new override profile.

  6. In the Target Account and Offset Account lists, select information for the custom account you want for your end year close profile.
    For more information, see Add Target and Offset Accounts.

  7. In the Source Range group, click New Source Range and enter ranges you want to be rolled up into the account.
    Repeat this process if you want multiple ranges for one closeout account. For more information, see Add Source Ranges.