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The following are the key options in the Adjust Equity Method Positions panel. You can use this panel to enter a cost adjustment The following are the key options in the Adjust Equity Method Positions panel. You can use this panel to enter a cost adjustment for a position that uses the equity method of accounting when you impair the position, add a new partner, or record an additional investment. Note options may vary according to your selections.

Option

Tag

Description

Entity Information

Entity ID

1163

Specifies the unique identifier of the entity.

Entity Name

1164

Specifies the name of the entity.

Base Currency

86

Displays the base currency of the entity.

Accounting Basis

21

Specifies the accounting basis for the entity. You see the primary accounting basis for the entity by default.

After you select an entity, you can choose one of the accounting bases assigned to that entity in the

You can select a secondary basis from the lookup.

EMA Treatment

16084

Displays the Equity Method Treatment field value for the selected accounting basis, which identifies the treatment of assets held under the equity method of accounting. Options include: 

  • STAT Treatment. Indicates that you are using the equity method of accounting with a STAT accounting basis for use with statutory insurance. If you are creating or editing a STAT basis that uses the equity method, you must choose STAT Treatment. You can apply the STAT Treatment to any basis other than a GAAP basis.

  • Other Treatment. Indicates that you are using the equity method of accounting with a non-STAT accounting basis, such as a GAAP basis that uses Generally Accepted Accounting Principles (GAAP). You can apply the Other Treatment to any basis other than a STAT basis.

Security Information

Long/Short Indicator

15

Displays an L (long) or S (short) to indicate whether the position is long or short.

Cross Reference Type

1234

Specifies the cross reference type associated with the security.

Cross Reference ID

1233

Specifies the cross reference identifier associated with the security.

Issue Name

961

Specifies the name of the security. You can choose a security with a processing security type of Common Stock (EQCSCS) or Joint Venture/Limited Liability/Partnership (JVLCLP). 

Ticker

13

Specifies the trade ticker of the security.

EMA Cost Flag

16092

Displays the accounting method for the accounting basis/security. Values include Equity Method (EMA) or the STAR method of accounting (STAR). 

Instrument Type

11

Displays the instrument type. A security with a processing security type of Common Stock (EQCSCS) has an Instrument Type of Equity (EQ).

 A

 A security with a Joint Venture/Limited Liability/Partnership (JVLCLP) processing security type has an Investment Type of

Equity

Equity/Cost Method (EC),

Security Type

82

Displays the security type of the asset.

Issue Currency

85

Displays the local currency of the security.

Shares Outstanding

3244

Displays the remaining shares in the hands of investors for the security.

Accounting Information

Acquisition Date

216

Displays the date that the position was originally acquired. 

Effective Date

35

Specifies the effective date of the trade.

 The trade date cannot be greater than the post date, accounting date, or settlement date.Accounting Date36Specifies the date the trade is reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date.Monthly Accounting Date4733Displays the month end accounting date.Settlement Date37

 The trade date cannot be greater than the post date, accounting date, or settlement date.

Accounting Date

36

Specifies the date the trade is

settled.Position Quantity122Displays the current quantity of the position.Quantity Type12

Displays the quantity generally accepted as a standard for exchange for the security. When you select a security with a processing security type for Common Stock (EQCSCS), this field displays Shares. When you select a security with a processing security type of JVLCLP (Joint Venture/Limited Liability/Partnership), values can include:

  • Shares. Default. Indicates that the security tracks quantity as shares. If the security has a quantity type of Shares, you must specify a value in the Quantity field and can specify the Ownership Percentage field value.
  • Units. Indicates that the security tracks quantity as units. If the security has a quantity type of Units, you must specify a value in the Quantity field and can specify the Ownership Percentage field value.
    • Percentage. Indicates that the security tracks quantity as an ownership percentage. You can designate a percentage of ownership on all open and close transactions. If the security has a quantity type of Percentage, you must specify the Ownership Percentage field value.

    reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date.

    Monthly Accounting Date

    4733

    Displays the month end accounting date.

    Settlement Date

    37

    Specifies the date the trade is settled.

    Position Quantity

    122

    Displays the current quantity of the position.

    Quantity Type

    12

    Displays the quantity generally accepted as a standard for exchange for the security. When you select a security with a processing security type for Common Stock (EQCSCS), this field displays Shares. When you select a security with a processing security type of JVLCLP (Joint Venture/Limited Liability/Partnership), values can include Shares, Units, or Percentage. 

    Local Unit Cost

    124

    Displays the average unit cost of the position in local currency.

    Base Unit Cost

    125

    Displays the average unit cost of the position in base currency.

    Cost Amortized ID Local

    2689

    Displays the amortized identified cost in local currency.

    Cost Amortized ID Base

    2690

    Displays the amortized identified cost in base currency.

    Local Current Cost

    128

    Displays the current identified cost basis in local currency.

    Bsae

    Base Current Cost

    129

    Displays the current identified cost basis in base currency.

    Adjustment Information

    Adjustment Type

    7005

    Identifies the type of adjustment for the position. After you select an adjustment type, you see the fields related to that adjustment type in this section. Options include: 

    • Impairment. Adjusts a position that uses the equity method of accounting for an impairment. You must specify the amount of the impairment in the Impairment Amount Local field. 

    • New Partner Added. Adjusts a position that uses the

    equty

    • equity method of accounting for a new partner added. You must specify whether there is resulting income/gain or loss in the New Partner: Resulting Gain/Loss field. 

    • Additional Investment. Adjusts a position that uses the

    equty

    • equity method of accounting for an additional investment.

    Transaction Notes

    56

    Displays the reason for the adjustment. For example, EMAIMPAIR, EMANEWPART, EMAADDINV.

    Impairment Amount Local 

    2700

    Specifies the impairment/credit loss amount in local currency for the selected accounting basis. This field appears for an Impairment adjustment type.

    Current Unrealized Undistributed Income Local

    7351

    Displays the current undistributed investment income local for the position.

     This

     This field appears for a New Partner Added adjustment

    type for

    type for accounting bases that use the EMA Treatment of STAT.

    Current Undistributed Investment Income Local

    7352

    Displays the current undistributed investment income local for the position.

     This

     This field appears for a New Partner Added adjustment

    type.for

    type for accounting bases that use the EMA Treatment of Other.

    Local Cost Adjustment

    50

    Specifies the net amount of the adjustment in local currency. This field appears for an Additional Investment adjustment type.

    New Partner: Resulting Gain/(Loss)

    7007

    Indicates whether the new partner added results in gain or loss for the equity method position. Options include:

    • Income/Gain. The new partner added results in income/gain. You specify the amount in the Undistributed Investment Income Local field for Other.

    . 

    • Loss. The new partner added results in loss. You specify the amount in the Undistributed Investment Loss Local field for Other. 

    Unrealized Undistributed Income Local

    7353

    Specifies the unrealized undistributed income local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Income/Gain.

    Unrealized Undistributed Loss Local

    7354

    Specifies the unrealized undistributed loss local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Loss.

    Undistributed Investment Income Local

    7355

    Specifies the undistributed investment income local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Income/Gain.

    Undistributed Investment Loss Local

    7356

    Specifies the undistributed investment loss local amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Loss.

    Local to Base FX Rate

    87

    Specifies the asset currency to portfolio base currency exchange rate. This value is expressed as units of asset currency to one unit of portfolio base currency.

     This

     This field is available when the base currency and issue currency differ.

    Impairment Ltd Base

    2701

    Displays the impairment/credit loss life-to-date amount in base currency. This field appears for an Impairment adjustment type.

    Current Unrealized Undistributed Income Base

    7431

    Displays the current undistributed investment income base for the position.

     This

     This field appears for a New Partner Added adjustment

    type for

    type for accounting bases that use the EMA Treatment of STAT.

    Current Undistributed Investment income Base

    7432

    Displays the current undistributed investment income base for the position.

     This

     This field appears for a New Partner Added adjustment

    type.for

    type for accounting bases that use the EMA Treatment of Other.

    Base Cost Adjustment

    478

    Displays the base amount of the trade amount. This field appears for an Impairment adjustment type.

    Unrealized Undistributed Income Base

    7433

    Displays the unrealized undistributed income base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Income/Gain.

    Unrealized Undistributed Loss Base

    7434

    Displays the unrealized undistributed loss base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of STAT when you set New Partner Resulting Gain/Loss to a value of Loss.

    Undistributed Investment Income Base

    7435

    Specifies the undistributed investment income base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Income/Gain

    .

    .

    Undistributed Investment Loss Base

    7436

    Displays the undistributed investment loss base amount for the position associated with a new partner added. This field appears for a New Partner Added adjustment type for an EMA Treatment of Other when you set New Partner Resulting Gain/Loss to a value of Income/Gain.

    Current Ownership Percentage

    7660

    Displays the current ownership percentage for the position. 

    This field appears for an adjustment type of Additional Investment.

    Ownership Percentage

    16085

    Specifies the percentage of ownership in a partnership, joint venture, or limited liability company to use for the transaction.

     If

     If the security has a quantity type of Shares or Units, you can specify a value that the system uses for information only as part of the adjustment.

     This

     This field appears for an adjustment type of Additional Investment when the security has a Quantity Type of Shares or Units.

    Current Commitment

    7663

    Displays the current commitment amount on the position.

     This

     This field appears for an adjustment type of Additional Investment.

    Commitment

    7664

    Specifies the amount committed by the investor in the partnership, joint venture, or limited liability corporation for this transaction. The system only tracks the commitment for the STAT basis, if one exists.

     This

     This field appears for an adjustment type of Additional Investment.