PDC allows you to generate Entity Level Authorizations whenever an existing entity has a history record duplicated to a new effective date.
Purpose: PDC tracks entity definitions based on change dates. This means there must exist a complete history record whenever an entity has a change to its definition. Tracking historically accurate definitions of an entity is how Eagle supports historical reporting. The workflow for creating a new definition (i.e. that is the history record) of an entity is to select the most recent history record (latest/greatest information) and duplicate it and assign a new effective date.
PDC provides the ability to generate a new fund authorization whenever a history record is duplicated to a new effective date. The concept is that although the newly duplicated record does not represent a new entity within the system, it does represent a new change date definition.
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New entity authorizations for duplicate records are controlled using the system settings.
In Portfolio Data Center, from the left navigation,
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click Setup > System Settings.
You see the System Settings workspace with the available list of settings.Select the
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System Item
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39 for 'Authorize duplicate history'.
This setting regulates the entity authorizations for duplicate records. By default, the setting is configured as 0 (turned off).Double-click the respective Value column and set to 1 to enable authorization for duplicate records..
You see a warning message to confirm the modified setting configuration.Click Yes to confirm the modified setting changes.
After enabling the system setting, whenever an existing entity has a history record duplicated, the system generates the pending authorization and sets the release status to 'Incomplete'.