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Lookup Entity

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LookupEntity LookupEntity

Lookup Entity ID

Specifies the unique alphanumeric identifier of an existing entity.

Lookup Entity Name

Specifies the abbreviated name of an existing entity.

Lookup Entity Long Name

Specifies the descriptive name of an existing entity.

Lookup Entity Code

Stores an entity code, used for reporting purposes, for an existing entity.

Lookup Entity Legal Name

Specifies the entity legal name, used for reporting purposes, for an existing entity.

Language

Specifies the language for the entity. By default you add entity information in the English (US) language. If you use Eagle's multilingual capabilities, you can select a non English language for the entity. You can customize the system to display specified fields in the ML Tags section of this panel, allowing you to enter certain entity related text in the selected non English language.

Entity Identification

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EntityIdentification EntityIdentification

Entity Type

1105

Specifies the type of entity you are creating. Options include:

• Portfolio. Default. The system creates a basic entity that stores accounts, positions, and history for trading purposes.

• Benchmark. The system creates an entity you can use for "what if" exercises through modeling. For example, you can set up a benchmark to determine the impact of events such as a change in interest rates without actually buying or selling securities.

Entity Long Name

29

Specifies the descriptive name of the entity. The field value must be unique.

Entity Name

1164

Specifies the abbreviated name of the entity. The field value must be unique.

Generate Dummy Entity ID

2290

Specifies if the system generates a unique entity identifier for the entity. Options include No (Default) and Yes. Before you use this field for the first time, you must perform the following one-time setup. In the NEXT_INSTANCE table in the PACE_MASTER database, make an entry for ENTITY_ID.

Entity ID

1163

Specifies the unique alphanumeric identifier of the entity. It must not contain any blank spaces. You cannot edit this field after you create the entity.

Entity Code

4324

Stores an entity code used for reporting purposes.

Entity Legal Name

1859

Specifies the entity legal name, used for reporting purposes. The field value must be unique.

Entity Alias

1333

Specifies the entity alias.

Legal Entity Identifier (LEI)

5089

Specifies the Legal Entity Identifier (LEI) that identifies the entity as a financial party. When you enter an LEI value, the system unhides the Legal Entity Identifier Details section for data entry.

NOTE: If the LEI already exists, the LEI details appear.

Legal Entity Identifier Details

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LegalEntityIdentifierDetails LegalEntityIdentifierDetails

Legal Name

5090

Specifies the legal name of the entity as the financial party registered with the LEI.

Entity Status

5091

Specifies the status of the entity. For example, ACTIVE and INACTIVE.

Legal Form

5092

Specifies the legal form of the entity as financial party registered with the LEI. For example, CORPORATION.

Assigned Date

5093

Specifies the date when the entity's LEI was assigned.

Last Update Date

5094

Specifies the date when the entity's LEI information was last updated.

Disabled Date

5095

Specifies the date when the entity's LEI information was disabled.

Record State

5096

Specifies the record state for the entity's LEI. The record state indicates the current process status of the CFTC Interim Compliant Identifier (CICI) record. For example, UNDER_REVIEW, DUPLICATE, CONFLICTING_SOURCES, INADEQUATE_SOURCES, VALIDATED, PENDING_REMOVAL.

Certification State

5097

Specifies the certification state used to register the entity's LEI. For example, CERTIFIED, NOT_CERTIFIED, STALE.

Street

5098

Specifies the street address used to register the entity's LEI.

City

5099

Specifies the city used to register the entity's LEI.

State

5100

Specifies the state code used to register the entity's LEI.

Zip 

5180

Specifies the ZIP code used to register the entity's LEI.

Country Code

5181

Specifies the country code used to register the entity's LEI.

Core Accounting Fields

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CoreAccountingFields CoreAccountingFields

Accounting Basis

21

Specifies the primary accounting basis for the entity. You cannot edit this field after you create the entity. The system is installed with a set of values for this field. You can add additional code values using the Codes workspace. Options include:

• USTAX. Default. The system is set up in accordance with domestic tax regulations.

• GAAP. The system is set up in accordance with Generally Accepted Accounting Principles (GAAP). This is the most common basis.

• IFRS. The system is set up in accordance with International Financial Reporting Standards (IFRS).

• STAT. The system is set up for use with statutory insurance.

Controlling Basis

4949

Indicates whether the selected accounting basis is the entity's controlling or non-controlling basis for use with same lot selection processing. Same lot selection allows the system to relieve the same lots across multiple bases in order to keep lots in sync across bases. Options include:

• Yes. Indicates that the accounting basis identified in the Accounting Basis field (tag 21) is the entity's controlling basis during same lot selection. The controlling basis is the accounting basis that controls lot selection for closing transactions. An entity can have a single controlling basis. You can designate a primary or a non primary basis as the controlling basis. 

• No. Indicates that the accounting basis identified in the Accounting Basis field (tag 21) is a non-controlling basis for the entity during same lot selection. A non-controlling basis attempts to close the same lots that the controlling basis closed. An entity can have one or more non-controlling bases.

• Empty. Indicates that the accounting basis identified in the Accounting Basis field (tag 21) does not participate in same lot selection.

Regulatory Category

12387

Specifies the regulatory category associated with International Financial Reporting Standards (IFRS). A regulatory category is a classification that determines how to account for financial instruments. The new IFRS 9 categories that replace IAS 39 categories include Amortized Cost, Fair Value - Other Comprehensive Income, and Fair Value Profit Loss. IFRS 9 categories classify debt instruments based on their contractual cash flow characteristics and the business model in which they are held. Equity securities are classified in the FVOCI or FVPL regulatory categories. If you set the Accounting Basis field to a value of IFRS, you must specify a regulatory category. If you choose an accounting basis value other than IFRS, use of a regulatory category is optional. All investments within an entity/accounting basis must have the same regulatory category. A multi basis entity can have different regulatory categories by basis. Options include:

• AC (Amortized Cost). Used for debt instruments when the business model in which the financial assets are held has an objective to hold assets to collect contractual cash flows. Contractual cash flows must be solely payments of principal and interest on the principal amount outstanding (P&I).

• AFS (Available for Sale). Used for financial assets that are available for sale.

• AFSC (Available for Sale at Cost). Used for instruments that are valued at cost and are available for sale.

• FVO (Fair Value Option). Used for instruments managed on a fair value basis.

• FVOCI (Fair Value – Other Comprehensive Income). Used for debt instruments when the business model in which the financial assets are held has an objective both to hold assets to collect contractual cash flows and to sell financial assets. Contractual cash flows must be solely payments of principal and interest on the principal amount outstanding (P&I). Used for equity investments only if an entity makes an irrevocable election on initial recognition for the equity investments to be measured at FVOCI without recycling gains and losses to earnings.

• FVPL (Fair Value Profit Loss). Used for all other instruments, including derivatives, those held for trading, and those managed on a fair value basis. Includes debt instruments not qualified for AC or FVOCI regulatory categories. Also includes equities not designated as FVOCI and derivatives plus debt securities that are classified with an FVO election.

• HFT (Held for Trading). Used for instruments held with the intent of selling them.

• HTM (Held to Maturity). Used for non derivative financial assets that you intend to hold to the asset's maturity or payment date and whose cash value is not needed until that date.

• LR (Loans and Receivables). Used for non derivative financial assets with fixed or determinable payments that are not quoted in an active market.

• MFFVO (Mutual Fund Fair Value Option). Used with mutual funds with a Fair Value Option category. This regulatory category is for informational purposes only, and does not have a corresponding custom chart of account to use in ledger reporting. No core processes for Eagle's Accounting solution are affected.

• MFHFT (Mutual Fund Held for Trading). Used with mutual funds with a Held for Trading category. This regulatory category is for informational purposes only and does not have a corresponding custom chart of account to use in ledger reporting. No core processes for Eagle's Accounting solution are affected.

• O (Other). Used for other instruments.

Regulatory Category Effective Date

9137

Identifies the date that the regulatory category is eligible for processing. This field appears after you specify a regulatory category value. When you first enter a regulatory category, this field displays the entity's inception date by default, but you can override that value. When you change a regulatory category, you can specify the effective date for that change. If you change categories, be aware that the system uses the Regulatory Category Effective Date field value to determine the chart of account in effect for reporting purposes. Reports process based on the custom chart of account that was "active" during the period, using the report end date to determine what was active.

URGL Accounting Rule

1079

Specifies the URGL (unrealized gain/loss) rule for the entity/accounting basis that establishes proper treatment of unrealized market and currency gains/losses to ensure compliance with International Financial Reporting Standards (IFRS). This option is required only if you select a regulatory category of Amortized Cost, Available for Sale, Available for Sale at Cost, Fair Value Option, Fair Value – Other Comprehensive Income, Fair Value Profit Loss, Held for Trading, Held to Maturity, or Loans and Receivables. The URGL rule used for a Fair Value – Other Comprehensive Income basis determines whether the system recognizes realized gains and losses in other comprehensive income rather than earnings. For more information, see Manage URGL Rules. 

Netting Rule Name

1887

Specifies the netting rule used to net interest rate swaps' and credit index swaps' long and short positions with the same primary asset ID. This allows you to book swaps long and short rather than as opens and closes. This rule gives you the option to net interest rate swaps' and credit index swaps' long and short positions and consolidate multiple lots into one lot when you use the global Run Swap Netting process.

Cost Method

22

Specifies the cost method the system uses to calculate gain/loss amounts from the sale of security lots held by the entity. You cannot edit this field once the entity has holdings. Eagle's Accounting solution is a multiple basis accounting system. If you set up an additional accounting basis, it must have the same cost method as the primary accounting basis. Options include:

• Identified. Default. The system determines which lot to relieve (sell) based on the value in the Lot Selection Method field. After identifying the lot, the system determines its cost and compares that to the lot's earnings to calculate a gain or loss amount for reporting purposes. If you select Identified, you can amortize fixed income securities using all the options the system has available. For more information, see Manage Amortization and Yield Calculations.

• Average. The system determines which lot to relieve (sell) based on the value in the Lot Selection Method field. After identifying the lot, the system determines the average of all of the holdings (total cost of holdings divided by the number of holdings) to calculate a gain or loss amount for reporting purposes. If you select Average, you can amortize fixed income securities using only selected options the system has available. The system applies the total amortization to individual lots based on the percentage of total par owned in the position. For Average Cost portfolios, Eagle Accounting supports only certain amortization methods. For more information, see Understand Average Cost Amortization.

Eagle Accounting supports the cost basis legislation regulations included in the Emergency Economic Stabilization Act of 2008. These regulations, which apply to various types of securities, affect debt securities and options posted on or after January 1, 2013. If a portfolio follows these mandatory guidelines, you must perform additional setup tasks to enable cost basis reporting. For information about enabling cost basis reporting, adding rules for covered and uncovered securities, defining mixed cost basis rules to override your basis level elections for the cost basis method, and information about changing cost methods, see the Cost Basis Legislation Quick Reference Guide.

Lot Selection Method

27

Specifies the lot selection method the system uses to relieve (sell) lots of a security held by the entity. Options include:

• First In First Out (FIFO). Lots acquired first are sold first. The oldest lot is sold first based on the holding date. If you set the accounting basis Cost Basis Covered Indicator field (tag 2818) to Y, unknown cost lots are relieved first. The oldest cost lot is sold first based on the holding date.

• Last In First Out (LIFO). Lots acquired last are sold first. The most recent lot is sold first based on the holding date. If multiple lots share the same holding date, the lot with the greatest event sequence is relieved first. The event sequence, set internally by the system, indicates the processing order of transactions within the same position.

• High Amortized Cost or High Cost (HCLOT). The lots with the highest current cost are sold first. The system uses current unit cost, which includes amortization for debt securities. This method relieves the lots that can generate the maximum loss or the minimal gain.

• Low Amortized Cost or Low Cost (LCLOT). The lots with the lowest current cost are sold first. The system uses current unit cost, which includes amortization for debt securities. This method relieves the lots that can generate the minimal loss or the maximum gain.

• High Original Cost (HORIG). The lots with the highest original cost are sold first. The system uses the original unit base cost of the open lots. It relieves the lots that can generate the maximum loss or the minimal gain.

• Low Original Cost (LORIG). The lots with the lowest original cost are sold first. The system uses the original unit base cost of the open lots. It relieves the lots that can generate the minimal loss or the maximum gain.

• Identified Lot (IDLOT). The specified lot or lots are sold first, which determines cost and tax implications. You can optimize this option to specific tax situations by selecting the specific lots to be sold. If you select this method, the lower pane in the close trade panel displays lot details for each available lot, as determined by the entity's controlling basis. If no controlling basis exists, it displays lots for the primary basis. You must specify the quantity for one or more lots that you want to relieve. The total quantity you specify for the open lots must match the quantity entered for the total close. The close trade relieves the selected lots in each of the entity's accounting bases, and keeps the lot structures in sync. The system uses the lot's Orig Event ID field (tag 457) to match a single open lot in one basis to corresponding multiple open lots in another basis, as needed. This can occur for lots fractured as a result of wash sale processing.

• Best Tax. The lots are selected and sold with the objective of taking losses first (short term then long term) and gains last (long term then short term). Lots are sold in the following order:

  1. Short term Losses. Lots that reflect a short term loss are sold first, beginning with lots that generate the greatest short term loss down to the least short term loss.

  2. Long term Losses. Lots that reflect a long term loss are sold, beginning with lots that generate the greatest long term loss down to the least long term loss.

  3. Short term No Gains or Losses. Short term lots that reflect no gain or loss.

  4. Long term No Gains or Losses. Long term lots that reflect no gain or loss.

  5. Long Term Gains. Lots that reflect a long term gain, beginning with lots that generate the least long term gain up to the greatest long term gain.

  6. Short Term Gains. Lots that reflect a short term gain, beginning with lots that generate the least short term gain up to the greatest short term gain.

• Tax Advantage (TXADV). The lots with the lowest tax liability are sold first to minimize tax liability.

• Versus Purchases (VSP). The lots are selected and sold based on lot purchase characteristics, such as the target purchase date and the target purchase price. This option must be specified at the trade level.

• Pro Rata. The lots are selected and sold based on a proportionate allocation. Note that this option is available at the mixed cost basis rule detail level but is not available at the entity/basis level.

• Tax Efficiency. The lots with the lowest tax liability are sold first to minimize tax liability. The system calculates the tax liability based on the manipulation of entity level tax factors for long and short term gains, long and short term losses, and currency gains. The system also incorporates the wash sale disallowance effect and considers the overall tax implications of closing each individual lot.

• Modified FIFO (MFIFO). The open lots with the same original acquisition date (tag 216) as the close transaction are sold first, starting with the lots with the lowest unit cost local. If there are no open lots with the same acquisition date as the close transaction, or all same day lots have been sold, the oldest open lots are sold first based on the acquisition date. Within a single acquisition date, the lots with the lowest unit cost local are sold first.

• Tax Service. (For future use)

Cost Method Cash

9924

Specifies the cost method the system uses to calculate gain or loss amounts from the sale of foreign currency lots held by the entity. The system bypasses rollback and replay processing for same day cost of cash activity. The system processes open and close trades for the same date in the order in which the trades arrive. As a result, some close trades may be processed prior to open trades. The average cost close trades do not include the cost of open trades that have not been processed. This may result in small variances in gains and losses for entities processing average cash. There is no effect on IDLOT gains and losses. You cannot edit this field once the entity has holdings. Options include:

• Average. The system determines which foreign currency lot to relieve (sell) based on the value in the Lot Selection Method Cash field, which is always FIFO. After identifying the lot, the system determines the average of all of the holdings (total cost of holdings divided by the number of holdings) to calculate a gain or loss amount for reporting purposes.

• Identified. The system determines which foreign currency lot to relieve (sell) based on the value in the Lot Selection Method Cash field, which is always FIFO. After identifying the lot, the system determines its cost and compares that to the lot's earnings to calculate a gain or loss amount for reporting purposes.

Account Base Currency

86

Specifies the base currency of the entity. You cannot edit this field once the entity has holdings. You can set up the entity to report on more than one base currency if you add an additional accounting basis.

Country of Tax Code

1342

Specifies the ISO country code of the country in which the entity is located. The system uses the value in the Country of Tax Code field to calculate tax withholding and tax reclaim rates. The system uses the Country of Tax field to determine the applicable tax withholding and reclaim rates in the Global Tax table. The system provides the list of countries and their associated ISO country codes in the COUNTRY CODE code category as part of the installation upgrade process. If you enter a value in the Country of Tax Code field, the system fills in the Country of Tax field with its corresponding value. This option exists solely on the entity record and the value can be edited after the entity is established. The dynamic lookup is based on the COUNTRY CODE code category. For more information, see Manage Tax Withholding and Reclaim Processing.

Country of Tax

1193

Specifies the name of the country in which the entity is domiciled. If you enter a value for the Country of Tax field, the system fills in the Country of Tax Code field with the corresponding value. The system uses this option as a working storage field to reconcile the Country of Tax Code field. This field is not stored in the Eagle Accounting database. The dynamic lookup is based on the COUNTRY CODE code category.

Contract Settle Indicator

3919

Specifies the settlement date the system uses when contractually settling trades and/or income. Options include:

• Contractual Settlement Date. The system settles the trades and/or income on the contractual settlement date.

• Contractual Settlement Date plus 1 Day. The system settles the trades and/or income items on the contractual settlement date plus one day.

Contractual Cash Settlement Rule Name

11833

Specifies the name of the Contract Cash Settlement Rule that the system uses to determine whether to settle trades through the contract cash process, based on the processing security type or security. You can add your own custom rules or you can select one of the default contract cash rules shown below.

• DEFAULTTRDINC. Settle both transactions and income for trades and corporate actions.

• DEFAULTTRDINCNOCA. Settle both transactions and income for trades but not for corporate actions.

• DEFAULTTRDONLY. Settle transactions, but not income, for trades and corporate actions.

• DEFAULTTRDONLYNOCA. Settle transactions, but not income, for trades but not corporate actions.

• DEFAULTINCONLY. Settle only income for transactions such as coupons and corporate actions.

• DEFAULTINCONLYNOCA. Settle only income for transactions such as coupons but not corporate actions.

• DEFAULTNONE. Settle neither transactions nor income for trades or corporate actions.

Auto Settle Indicator

58

Indicates whether the system settles trades, coupons, and miscellaneous income and expenses automatically. Options include:

• No. Default. The system does not automatically settle trades, coupons, and miscellaneous income and expenses. You must schedule the settlement for these transactions using the global Run Contract Cash panel. Or, manually settle the transactions using the Run Multiple Settlements panel. If you use cash segregation based on actual cash settlements, you can schedule settlements using the Run Cash Auto Match panel and create settlements manually using Cash Matching. Eagle recommends that you set this field to No.

• Yes. The system automatically settles trades, coupons, and miscellaneous income and expenses. If you enter Yes, the system creates a settlement as soon as the trade is processed. There is no trade to settle date gain/loss. This applies even if the settlement date is in the future.

Tech Short Eligible Indicator

57

Indicates whether the entity can go technically short (book sell transactions prior to buys that will eventually be posted). Options include:

• Yes. Default. The system allows you to oversell, sell without a buy, and process a buy to cover without the short. Setting this field to Yes allows you to use the rollback and replay feature in Eagle's Accounting solution to adjust earnings. The system creates a negative long position (for an oversell or sell without a buy) or a negative short position (for a buy to cover without the short) and when the buy is received, the system replays that sell transaction. If you enter Yes, the system creates a settlement as soon as the trade is processed. There is no trade date to settle date gain/loss. This applies even if the settlement date is in the future.

• No. Recommended. The system does not allow you to oversell, sell without a buy, or process a buy to cover without the short. The system rejects the trade and sends it to the Exceptions workspace to be reprocessed manually.

Wash Sale Inhibit Indicator

775

 Indicates whether the system can apply the wash sale rule to trades. Options include:

• Yes. Default. The system does not apply the wash sale rule. The system records a loss on a sale of a security when you buy substantially identical securities within 30 days before or after the sale. If you select Yes, the system does not process wash sales, regardless of the value you specify for the Wash Sale Eligible Flag field on a trade panel.

• No. The system applies the wash sale rule. The system does not record a loss on a sale of a security when you buy substantially identical securities within 30 days before or after the sale. If you select No, the system uses the value you specify for the Wash Sale Eligible Flag field on the trade panel to determine whether to process wash sales.

Earning Processing Frequency

984

Displays the method the system uses to post earnings. The system supports only the Daily method.

Chart of Account

1641

Specifies the entity's chart of account to use in ledger reporting for the accounting basis. The system is installed with a core chart of accounts that contains more than 400 account numbers and descriptions. Custom chart of accounts are also available for each of the IFRS regulatory categories. You must select a value for this field even if you are not using the general ledger. The default field value is STAR. If you edit this value after the entity has holdings, the changes go into effect on the specified Regulatory Category Effective Date field value.

Ledger Granularity Rule Name

8939

Specifies the name of the ledger granularity rule associated with the entity/accounting basis. A ledger granularity rule allows you to customize both your core ledger posting for a breakout by holding term and your custom postings based on security master attributes as well as targeted securities.

Ledger Granularity Rule

8933

Displays the instance number associated with the Ledger Granularity Rule Name selected.

Ledger Granularity Rule Effective Date

155

Specifies the first date when transaction processing will apply the ledger granularity rule selected for the entity/accounting basis.

Holding Term Method

11479

Indicates whether the entity/accounting basis calculates the holding term for short term versus cash equivalent holdings at 90 days or at 3 months. If you use ledger granularity rules to customize your core ledger posting for a breakout by holding term, this option determines how Eagle Accounting calculates that holding term. This field appears after you select a ledger granularity rule. Options include:

•  90 Days. When you use the system to calculate the holding term, it designates lots bought within 90 days to maturity as cash equivalent (CE) and designates lots bought within one year to maturity, taking leap years into account, as short term (ST).

• 3 Months. Default. When you use the system to calculate the holding term, it designates lots bought within three months to maturity as cash equivalent (CE) and designates lots bought within one year to maturity, taking leap years into account, as short term (ST).

Entity Status

1283

Identifies the entity as active or inactive. Options include Active (Default) and Inactive. You can use the Change Entity Active Status panel to change the status.

Short Term Price Method

1872

Specifies how the system prices short term debt instruments. The system identifies a short term fixed income security if the period from Issue Date to Maturity Date is less than or equal to 365 days; it does not do so by Processing Security Type. Options include:

• Market. Default. The system prices the short term debt instruments using market prices rather than the amortized cost of the securities. Unrealized gain/loss entries are created.

• Cost. The system prices the short term debt instruments based on the amortized cost of the securities. No unrealized gain/loss entries are created. You must select a value of Cost if you are processing short term discount accruals.

Price Level

12007

Identifies the default price level that the system uses if the entity prices short term fixed income securities priced at amortized cost. This field appears if you set the Short Term Price Method to Cost. The field displays a value of 1 by default, but you can change it to a value of 1, 2 or 3. Eagle Accounting uses the price level in Fair Value Level reporting.

Accounting Period Frequency

624

Specifies the number of accounting periods per calendar year for the entity. You cannot edit this field once the entity has holdings. Options include:

• Daily. Default. The system establishes one accounting period for each day of the year. If the entity is using a business calendar, the system establishes an accounting period for business days only.

• Monthly. The system establishes twelve accounting periods for a given year.

• Weekly. The system establishes one accounting period for each week of the year.

Inception Date

1138

Specifies the date the entity was created in the marketplace. Eagle's Performance solution uses this information. You cannot edit this field after you create the entity.

STAR Start Date

2198

Specifies the date the entity was set up in the system. The system calculates accounting periods based on the date range you enter in the STAR Start Date and Fiscal End Date fields. You cannot edit this field after you create the entity.

Fiscal End Date

1162

Specifies the last date of the entity's fiscal year, which the system uses as the ending date range when adding accounting periods. The system uses this field during the Year End Close process, an automated process that rolls up all balances from the realized gain/loss accounts and income and expense ledger accounts and posts the balances to the accumulated undistributed gain loss ledger account (3003000100). You cannot edit this field after you create the entity.

Month End Date Rule

5161

Identifies the month end date rule that the entity uses to determine how the system identifies the monthly accounting date for an entity. You can select the default rule, DEFAULT, to use the last calendar day of the month as the monthly accounting date. You can also create your own custom month end date rules and specify a rule in this field. You cannot edit this field after you create the entity.

The system stores the month end accounting date on all transactions booked to Eagle's Accounting solution, so it books as-of activity in the current accounting period but reflects the transaction in the monthly period in which it actually occurred. This allows you to report these transactions in the correct month end report without having to reopen closed daily valuation and accounting periods. You can generate several ledger and subledger reports based on the month end accounting date.

Calendar Name

1941

Specifies the name of the entity's business calendar, which is used to define a specific country's non-business days for accounting purposes. Business calendars are user defined and typically set up by your system administrator. If you select a business calendar, the system creates an accounting period for each business day of the year, as specified in the selected business calendar. The value you enter for the Calendar Name field must match the value you enter for the Country of Tax Code and Earn Thru Rule Name fields. For example, if you enter CA (Canada) for the Country of Tax Code field, you must also enter CA for Calendar Name and Earn Thru Rule Name fields. After you select a value, the Non Business Day Processing field and Earn Thru Rule Name field become available. If you do not select a business calendar, The system creates an accounting period for each day of the year, including non-business days. For more information, see Manage Business Calendars.

Non Business Day Processing

3907

Specifies how the system processes accrued interest on bonds or other fixed income securities on non-business days. This option appears when you select a value for the Calendar Name field and is required under that circumstance. Options include:

• Process with Previous Business Day. The system posts non-business day accruals to the previous business day's accounting date. For example, accrued interest for Saturday and Sunday is posted on Friday.

• Process with Next Business Day. The system posts non-business day accruals to the next business day's accounting date. For example, accrued interest for Saturday and Sunday is posted on Monday.

Earn Thru Rule Name

8954

Specifies how the system processes accrued interest when a series of non-business days fall on a month end, quarter end, semiannual, or year end date. This option appears when you select a value for the Calendar Name field and is required under that circumstance. The calendar associated with the Earn Through Rule must match the value you enter for the Country of Tax Code and Calendar Name fields. And the Earn Thru Rule Name you select must have a Non Business Day Processing value that matches that defined for the entity. For more information, see Manage Earn Thru Rules. 

Earn Thru Rule ID

8955

Identifies the instance number of the Earn thru Rule Name field value. This field is hidden. Earn Thru Calendars define specific dates for which income, expense, and distribution are to be processed. This allows for reporting on month-end dates that fall on non-business days, by assigning a specific earn thru date, daily accounting date, and monthly accounting date to each processing date. For more information, see Manage Earn Thru Rules. 

Bifurcation Method

5825

Specifies how the system handles gains and losses on foreign securities and foreign debt instruments. Gains and losses from foreign security and debt instruments may be posted to currency gain/loss ledger accounts, capital gain/loss ledger accounts, or to both. There is no currency gain/loss for domestic securities so you can select No in this field if your organization trades only in domestic securities. For more information, see Understand the Bifurcation Method. Options include:

• No. Default. The system does not bifurcate (split into parts) the gain/loss between capital and currency. The system posts the capital and currency realized gains/losses to the capital realized gain/loss general ledger accounts only.

• All. The system bifurcates (split into parts) the gain/loss between capital and currency regardless of the security type. The system posts the capital realized gains/losses to the capital realized gain/loss general ledger accounts and the currency realized gains/losses to the currency realized gain/loss general ledger accounts.

• Section 988. The system determines whether to bifurcate (split into parts) the gain/loss between capital and currency based on the security type. You need to specify which security types are eligible for section 988 bifurcation using the Codes workspace. If a security is not set up with a processing security type code, it is not eligible for bifurcation under Section 988. In this case, the system posts capital and currency realized gains/losses to the capital realized gain/loss general ledger accounts.

TBA Cashflow

9406

Specifies whether a TBA (to be announced) security functions as a buy or sell or nets the difference. For more information, see Understand To Be Announced (TBA) Trades. Options include:

• No. Default. Do not create cash flows for the open of the TBA tax lot, but create the net cash flow at the close of the position.

• Yes. Create cash flows for the open of the TBA tax lot.

Stale Factor Processing

8141

Specifies whether the system automatically rolls back and replays stale factor trades when performing factor processing. For more information, see About Stale Factor Processing. Options include:

• No. Default. Do not cancel and rebook the original trade using the most recent factor.

• Yes. In the month the trade settles, cancel and rebook the original trade using the most recent factor. 

Swap Accrual Method

1184

Specifies how the system posts interest accruals and dividends for swaps. Options include:

• Income/Expense. The system posts interest accruals and dividends to Income and Expense accounts in the general ledger.

• Unrealized. The system posts interest accruals and dividends to unrealized Capital accounts in the general ledger.

Calendar Business Days

824

Specifies whether the system spreads expenses over the weekends and holidays. It affects the Average Net Assets report. Options include:

• Calendar. The system spreads expenses over the weekends and holidays.

• Business. The system does not spread expenses over the weekends and holidays.

Costcash Bulking Election

2423

Specifies whether the entity uses COSTCASH bulking when you use COSTCASH processing to track foreign currency positions. COSTCASH bulking bulks or consolidates rows in the COSTCASH object to reduce the amount of data stored. Options include:

• No. If the entity uses COSTCASH processing, it does not use COSTCASH bulking.

• Yes. Default. If the entity uses COSTCASH processing, it uses COSTCASH bulking. Once you select the Yes option, you cannot change it. 

Manager Allocation

2841

Specifies whether manager allocations apply to the fund. Options include No (Default) and Yes.

Business Sector

9512

Identifies the business sector associated with the entity. You use this field when performing Weighted Average Balance (WAB) calculations.

Pending Trade Eligible Indicator

3679

Specifies whether the system can apply pending trade rules to place incoming transactions for the entity into the pending trade workflow. Eagle's Accounting solution can pend transactions received from upstream systems if those transactions require further evaluation prior to processing by the STAR accounting engine. Options include Yes and No.

PT Rule Name

17026

Specifies the name of the pending trade (PT) rule to use for the selected entity. If you identify a PT Rule Name for one or more entities at the entity level, the system can apply only pending trade rule details that uses this PT Rule Name to the selected entity. Otherwise, if you do not specify a value, the system does not consider the PT Rule Name value when identifying the appropriate pending trade rule details to apply to the entity. This option becomes available for entities if you set the Pending Trade Eligible Indicator field to Yes. For more information, see Manage Pending Trade Rule Names. 

QDI Treaty Flag

4487

Enables the use of the QDI Tax Treaty table for securities in the entity. QDI (qualified dividend income) is a category of dividend income that is taxable at lower rates than ordinary income under the Jobs and Growth Tax Relief Reconciliation Act of 2003. The Tax Relief, Unemployment Reauthorization, and Job Creation Act of 2010 extended the QDI expiration date through the end of 2012. QDI is defined as dividends received from domestic corporations and certain foreign corporations. Options include:

• Yes. Dividends with countries populated on the QDI Tax Treaty table are considered QDI eligible and the QDI Eligible Flag field (tag 2905) on the security master file is ignored. To add a country to the QDI Tax Treaty table, use the Create QDI Tax Treaty panel. You can also use the Create QDI Tax Treaty Exclusion panel to exclude specific securities from QDI eligibility.

• No. Default. The entity uses the QDI Eligible Flag field (tag 2905) on the security master file to determine QDI eligibility.

Segregate Derivatives

16253

Indicates whether the system segregates derivative positions by clearing broker for the entity. Otherwise, If you do not use cash segregation for the entity, you can segregate derivatives in order to allow the system to process derivatives with multiple brokers. Options include:

• Yes. Eagle Accounting segregates derivatives. If you set the Position Cash Segregation Basis Indicator field to Yes, indicating that you use cash segregation and the entity has a custody accounting basis, the system sets the Segregate Derivatives field to Yes. The system must additionally segregate derivatives on the non custody basis because cost is notional and the system determines cash based on the lot closed. If you set the Position Cash Segregation Basis Indicator field to no and the entity does not use cash segregation, you can also select Yes to process derivatives with multiple brokers and keep positions segregated by clearing broker. 

• No. Default. Eagle Accounting does not segregate derivatives. 

Variation Margin Override Rule Name

1081

Allows multiple clients on the same platform to share the same security reference data for futures, future options, and/or cleared swap security master records but to suppress, by entity and processing security type, the variation margin logic on securities set up for variation margin. Futures, future options, and swaps include a Variation Margin (tag 4533) option on the security master record that indicates whether to calculate variation margin. In multi-client environments, some clients may want to use Eagle's variation margin functionality while other clients need to use a model external to Eagle Accounting for variation margin processing. In order to maintain a single security master record and accommodate client-specific elections, an entity-level variation margin override setting allows you to override the security-level setting in applicable entities for certain processing security types. For more information, see Override a Security's Variation Margin Setting for an Entity.

You cannot edit this field after you create the entity. You cannot apply a variation margin override rule to an entity if the rule includes a processing security type that the entity ever held. 

Ex-Interest Coupon Recognition Date

16311

Indicates whether the system can create coupons for the entity posted on ex-date rather than on coupon day. For more information, see About Ex Interest Processing. Options include:

• Ex-Date. The entity uses ex interest processing for eligible securities. When you process accruals on the ex-date of a bond, the system creates a coupon entitlement for each settled lot. That is, for any lot entitled to the coupon, the system creates a traded cash record for the full coupon that is paid to the current holder of the bond. The system uses the security's ex interest schedule or the security's Ex-Interest Days field to determine the ex interest days. 

• No. Default. The entity does not use ex interest processing. Coupons post on coupon day. 

Payup Adjustments Only

11319

Determines whether Eagle Accounting produces a new open lot for a payup or allows a payup to create an open adjustment and modify the shares of the original open lot instead of creating a new open lot. For more information, see Payup Adjustments Only Option Example. Options include:

• Yes. Books payups as an adjustment to the current open lot. Used when processing book value by component.

• No. Default. Books payups as a new lot.

Deliver By Settlement Dt

18298

Determines whether the system processes activity for Deliver and Interportfolio Transfer (IPT) events only on those lots that passed settlement date. Options include: 

• Yes. The system processes activity for Deliver and Interportfolio Transfer events only on those lots that passed settlement date for the entity/accounting basis. For IPTs, this applies only to events with Quantity/Ratio set to Quantity with a quantity transfer amount. 

• No. Default. The system processes activity for Deliver and Interportfolio Transfer (IPT) events on any lot, based on trade date, for the entity/accounting basis.

Begin Date By Settlement

18299

Identifies the date on which the system begins to process activity for Deliver and Interportfolio Transfer (IPT) events only on those lots that passed settlement date for the entity/accounting basis. Prior to this date, the system processes any activity for Deliver and Interportfolio Transfer (IPT) events on any lot based on trade date. This field appears only if you set Deliver By Settlement Dt to Yes. 

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#CashSegregation #CashSegregation

Cash Segregation Fields

Position Cash Segregation Basis Indicator 

11675

Indicates whether to create a custody basis for the entity for use in cash segregation. Options include:

• Yes. The system creates a custody basis for the entity. When you submit the entity, the system creates an entity record, a record for the entity's primary accounting basis, a record for the custody accounting basis, and accounting periods for both the entity/primary accounting basis and the entity/custody accounting basis. The system assigns the appropriate default settings for the custody basis. For example, a custody basis does not require income, amortization/accretion, or ledger processing. If you select a value of Yes, the system also sets the Segregate Derivatives field to Yes.

• No. The system does not create a custody basis for the entity. If you set the entity-level Cash Sweep option to Yes, this option displays a value of No and is locked.

Custody Basis

7004

Specifies the name of the non primary accounting basis to add as a custody basis for use in cash segregation. The default value is CUST. This field appears if you set the Position Cash Segregation Basis Indicator field to a value of Yes. Tag 7004 is a work tag and is not stored.

Conversion Fields

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ConversionFields ConversionFields

Conversion Status

1085

Indicates the current status of the entity. The system allows you to select entities based on conversion status for certain types of global processing, such as corporate action announcements. The system is installed with a set of values for this field. After the conversion process is completed, the status is changed to parallel. After the parallel test phase is completed, the status is changed to live. You can add additional code values for the CONVERT STATUS code category using the Codes workspace. Options include Converting, Live, and Parallel.

Conversion Date

3915

Specifies the date the entity was converted to the system.

Live Date

3916

Specifies the date the entity went live in the system. For reference only.

Source Fields

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SourceFields SourceFields

Long Price Source

1282

Specifies the pricing source the system uses for pricing long security positions for the entity. The default is Eagle PACE.

Short Price Source

5422

Specifies the pricing source the system uses for pricing short positions for the entity. The default is Eagle PACE.

FX Source

1344

Specifies the pricing source the system uses for pricing foreign exchange rates for the entity. It is used for transactions and cash settlements. The default is Eagle PACE.

Valuation FX Source

11652

Specifies the pricing source the system uses for pricing foreign exchange rates for the entity. It is used for valuation; that is, calculating market value. The default is Eagle PACE.

Forward Price Source

2920

Specifies the pricing source the system uses for forward contract processing. It is used for multi basis entities where the base currencies of the bases are different. It is also used to allow entities that use the same price source for all other assets to elect different forward point sources for pricing forward contracts.

Variable Rate Source

3301

Specifies the source the system uses to process earnings for variable and floating rates. It is used for variable rate bonds with scheduled/unscheduled variable rates, floating rates, step coupon rates, and rates that measure inflation adjustment for the entity. The default is Eagle PACE.

If the source for the variable rate entered in the Variable Rate table does not match the Variable Rate Source value for the entity, Eagle Accounting does not use those values in the Earnings process.

MTM Rate Source

5064

Specifies the pricing source the system can use to mark foreign receivables to market. You can specify use of the MTM Rate Source or the FX Source (tag 1344) when you run the global mark to market process.

Private Equity Price Source

18452

Specifies the pricing source the system uses to price private equity for the entity. Use this option only if you use a private equity workflow for a private equity security with a processing security type (PST) of Capital Based Fund Investment (EQCBFI).

In Eagle Accounting, you hold private equity as a single share in a fund and price it based on market value (MV). If you hold the same private equity investment across multiple funds and the funds have different commitment amounts, this pricing source allows you to value private equities with the appropriate MV rather than price all funds that hold the private equity with the same MV. The default value is Eagle PACE.

Accounting Basis

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AccountingBasis AccountingBasis

Redemption Gain Loss Indicator

8916

Indicates whether the system processes gains/losses on calls, puts, and pre-refund corporate actions for the entity/accounting basis. This option is required if you process debt instruments. For more information, see About Entity Setup for Calls, Puts, and Pre-Refunds. Options include:

• Gain/Loss. Default. The system redeems gains/losses that result from calls, puts, and pre-refund corporate actions.

• Amortize. The system amortizes gains/losses that result from calls, puts, and pre-refund corporate actions. It applies an accelerated amortization method.

Sinking Fund Payment Redemption Gain/Loss Flag

9923

Specifies how the system processes gains and losses for sinking funds. Options include:

• Treat Gain/loss from Sinking Fund Payment as Gain/Loss. Default. The system treats the gain or loss created by the sinking fund payment as a gain/loss on both the subledger and general ledger.

• Treat Gain/loss from Sinking Fund Payment as Accelerated Amortization. The system treats the gain or loss created by the sinking fund payment as accelerated amortization on both the subledger and general ledger.

• Capitalize Sinking Fund Payment. The system uses the sinking fund information in the schedule table to calculate amortization yield. The system also reduces the principal of the tax lot in a non-prorated way when processing the sinking fund payment so that no gain or loss occurs.

• If Pro Rata Sinking Fund Capitalize Else Calculate Gain/Loss. The system looks to the value in the Pro Rata Sinking Fund Flag field specified for the security to determine processing. If the value for that field is set to Yes, the system capitalizes the sinking fund payments for the security. If the value is set to No, the system treats the gain/loss from the sinking fund payment as a gain/loss.

• If Pro Rata Sinking Fund Capitalize Else Calculate Amortization. The system looks to the value in the Pro Rata Sinking Fund Flag field specified for the security to determine processing. If the value for that field is Yes, the system capitalizes the sinking fund payment for the security. If the value is No, the system treats the gain/loss from the sinking fund payment as accelerated amortization for the security.

Short Term Discount Accrual Flag

8919

Indicates how the system accrues interest or accretes a short term discount bond (processing security type of DBDCST). If you elect to accrue short term discount bonds, disable OID amortization in the amortization rules for processing security type DBDCST. Also set the Short Term Price Method (tag 1872) to Cost to avoid double counting of accrual of interest income in the mark to market process. Options include:

• Amortize. Default. The system accretes the short-term discount bond and posts the accretion as amortization on the subledger and general ledger.

• Accrue Discount. The system treats the accretion of the short term discount bond as an accrual and posts the accretion as interest income on the general ledger in the accrual fields (Daily, Month to Date, Period to Date, Life To Date). The system also posts the accretion as interest income on the subledger. For the calculation of gain/loss, the system treats the accrual of interest income, like accretion of discount.

Accounting Basis Lot Selection Rule

7103

Relieves the current holdings of a security for a non primary accounting basis. This field determines processing for the open lots that are eligible to be closed on an additional accounting basis. Options include:

• Use Basis Value Unless Event = IDLOT or VSP. Default. The system uses the value in the accounting basis table unless the incoming event has a lot selection method of Identified Lot (IDLOT) or Versus Purchase (VSP). That is, if the incoming event has a lot selection method of IDLOT or VSP, the system utilizes the IDLOT or VSP lot selection method to close the lots for that particular accounting basis. If the incoming event does not have an IDLOT or VSP lot selection method, the system utilizes the lot selection method on the accounting basis.

• Use Event Value. The system uses the lot selection method from the incoming event and does not utilize the lot selection method in the accounting basis table.

• Always Use Basis Value. The system uses the accounting basis default regardless of what lot selection method is on the incoming event.

• Use Historical Method Unless Event ID = IDLOT or VSP else use event. The system uses the historical lot selection method on the accounting basis unless the lot selection method on the incoming event is equal to Identified Lot (IDLOT) or Versus Purchase (VSP).

Postmatrix Type

11708

Specifies which ledger posting matrix the Entity/Primary Basis uses when determining the accounting ledger postings required for a given event. Options include:

• Core. Default. Used if entity is an investment or mutual fund.

• Insurance. Used if entity is insurance related (Schedule D).

Primary Basis Mixed Cost Basis Indicator

11664

Determines if the entity/primary accounting basis uses a mixed cost basis. A mixed cost basis allows you to override the entity's accounting basis level elections for the cost method, lot selection method, and lot selection method rule used during transaction processing. You can define mixed cost basis rules based on transaction criteria that includes processing security type (PST) group, processing security type, security type, cost basis rule type, and asset ID, as well as by using each of these criteria in combination with a specified entity. For more information, see Manage Mixed Cost Basis Rules. This field appears in the accounting basis entry panels as the Mixed Cost Basis Indicator (tag 11664) field. Options include:

• Yes. The entity/primary accounting basis uses a mixed cost basis. The Primary Basis Mixed Cost Basis Rule Name field becomes available.

• No. Default. The entity/primary accounting basis does not use a mixed cost basis. 

Primary Basis Mixed Cost Basis Rule Name

11666

Specifies the name of the mixed cost basis rule to use for the entity's primary accounting basis. This option appears if you set the Primary Basis Mixed Cost Basis Indicator field to Yes.

Posting Cut Off Date

11848

Sets the cutoff date for posting transactions. Transactions where the Trade Date field is greater than the cutoff date are not allowed. The system rejects these transactions prior to executing any database reads.

Expense & Capitalize Trans Costs for Opens & Closes

10705

Determines if transaction fees are expensed or capitalized for acquisitions, and if transaction fees are expensed or netted against proceeds for dispositions. This option supports International Financial Reporting Standards (IFRS) requirements for trades and transaction fees. You cannot edit this field once the entity has holdings. The following trade related fees are considered transaction fees: Commission field (tag 47), SEC Fee field (tag 48), Tax field (tag 46), Stamp Duty Tax field (tag 51), Other Fee field (tag 3752). The Federal Tax Withholding field (tag 8078) and State Tax Withholding field (tag 8079) are not considered transaction fees. Options include:

• Capitalize Trans Fees on Opens & Net Trans Fees Against Proceeds on Close

• Expense Trans Fees on Opens & Net Trans Fees Against Proceeds on Closes

• Expense Trans Fees on Open and Close Trades

Backup Withholding Indicator

2768

Controls whether backup withholding is required. TEFRA legislation requires backup withholding for clients that have not provided a taxpayer ID. Options include No (Default) and Yes. If you select Yes, the Backup Withholding Rule Description field value appears.

Backup Withholding Rule Description

2761

Identifies the account subject to backup withholding and the dates the restrictions apply. You can use the Create Entity Backup Withholding Rule panel to set up the rule. Once an entity withholding rule has been set up, the system creates a cash disbursement for withholding for any qualifying payments where the trade date of the event falls between the start and stop date on the rule. This field is required if you set the Backup Withholding Indicator field to Yes.

Cost Basis Covered Indicator

2818

Determines whether a portfolio follows the mandatory reporting guidelines as stored at the accounting basis level. When enabled, the system creates a bifurcated position and determines uncovered/covered statuses for the securities/lots the portfolio holds as new trades are received.

Book Value Breakdown Flag

2904

Indicates whether to process book value by component for fixed income securities. Options include:

• Yes. Process book value by splitting the cost of the transaction into two parts: Par and Cash Premium/Discount (CP). CP is the difference between Par and the price paid. Par is booked to cost of investments and CP is booked to an asset CP account. As close transactions are booked, the Par, CP, and any other fees booked are proportionally closed.

• No. Do not process book value by component.

Futures & Options with Margin Transaction Fees

3889

Defines the treatment of commissions for securities with variation margin. Options include:

• Expense. The system recognizes expenses for commissions on the opening and closing of contracts with variation margin. The commissions are recognized as a transaction cost rather than netted in the initial recognition of unrealized gains/losses. You can view the transaction fees on the General Ledger report.

• Capitalize. Default. The system nets the initial recognition of unrealized gains/losses on the opening and closing of contracts with variation margin.

PIK URGL Flag

3859

Indicates whether unrealized gain/loss is posted for a Payment in Kind (PIK) bond interest receivable. Options include:

• Yes. Allows the accounting basis to post daily mark to market entries for interest receivable when a security has a processing security type (PST) of Interest Bearing Debt PIK (DBIBPK) and there is a PIK Receivable Mark to Market schedule for the coupon period. For more information, see About Calculating URGL for a PIK Receivable Balance.

• No. The Accounting basis is not able to daily mark to market PIK unrealized.

Cost Cash Processing

5006

(Hidden field) Indicates whether the entity uses COSTCASH processing to track foreign cash positions. Options include:

• No. The entity does not use COSTCASH processing. When a non-base transaction is settled, the STAR engine does not create a COSTCASH position. For more information, see Understand Entities That Do Not Use COSTCASH Processing.

• Yes. Default. The entity uses COSTCASH processing to track foreign currency positions. When a non-base transaction is settled, the STAR engine creates a COSTCASH position. For more information, see Manage COSTCASH Processing.

Cash Based Div Recognition Flag

16160

Indicates whether to process cash dividend income, tax, and reclaim in the accounting ledger on ex-date or upon the settlement of the associated cash. For more information, see Recognize Dividend Income on a Cash Settlement Basis. Options include:

• No. Default. The system recognizes dividend income on an ex-date basis.

• Yes. The system recognizes dividend income on a cash settlement basis.

FX Election for Cash Div Recognition

16161

If you recognize dividend income on a cash settlement basis, indicates whether the system selects the FX rate used for foreign dividend settlement using the ex-date FX rate or the settlement date FX rate. It applies only to the settlement of dividends issued by a foreign security. This field appears if you set the Cash Based Div Recognition Flag field to a value of Yes. Options include:

• Ex-date. Recognizes the income using the ex-date FX rate.

• Settlement Date. Recognizes the income using the settlement date FX rate.

Equity Method Treatment

16084

If the selected accounting basis uses the equity method of accounting, identifies the treatment of assets held under the equity method of accounting. You cannot change this value when you edit an entity/basis. 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.

Income Received Accounting Flag

16557

Determines whether the selected accounting basis uses the income posting treatment to create separate entries within the ledger to identify interest income received and/or dividend income received in unique income ledger accounts. This option is for use by Insurance companies that need to reconcile the investment accounting activity reflected on their investment schedules to related ledger accounts on their trial balances. See Record Unique Ledger Postings for Income Received. Options include: 

• Yes. Allows the system to use the income posting treatment to create separate entries within the ledger to identify interest income received and/or dividend income received in unique income ledger accounts. The system records unique ledger postings for interest received recorded in an income ledger account for interest income received and for dividend income received in an income account for dividend income received. When interest receivables and/or dividends receivables are reduced for cash received, additional postings entries are required to record interest or dividends received. 

• No. The system does not use the income posting treatment to create separate entries within the ledger to identify interest or dividends received in unique income ledger accounts.

Mark to Market Accounting Flag

16634

Determines whether the selected accounting basis uses the mark-to-market breakout. This breakout is for use by Insurance companies that need to reconcile the investment accounting activity reflected on their investment schedules to related ledger accounts on their trial balances. See Record Unique Ledger Postings for Income Received. Options include: 

• Yes. Uses the mark-to-market breakout. Eagle Accounting create separate mark to market unrealized gain/loss accounts for each foreign-denominated receivables and payables. This only includes interest receivables, interest payables, dividends receivables, dividends payables, investment receivables, and investment payables accounts. It applies to all accounting bases as well as the STAT basis. In addition, the offset to the mark to market record in unrealized gain/loss non-asset accounts has its own accounts related to the specific receivable/payable account in Eagle Accounting. 

• No. Does not use the mark-to-market breakout. Eagle Accounting's mark to market (MTM) process creates one asset/liability combining all mark to market unrealized FX gains/losses.

Earnings/Amortization Fields

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EarningsAmortizationFields EarningsAmortizationFields

Primary Amortization/Accretion Rule

3197

Specifies the amortization/accretion rule for the primary accounting basis that the system uses to process earnings. You can set up amortization/accretion rules for IFRS that amortize average cost portfolios on an effective yield basis. If you change the Primary Amortization Rule at the accounting basis level, the next time you process earnings the system creates a retrospective amortization rule calculation from the original settlement date of the trade (on all open lots). The system calculates the trade yield based on the primary amortization/accretion rule for the entity, so it is important to keep the values that exist on the entity and the primary accounting basis consistent. The system updates values changed on the entity panel via the primary accounting basis, but does not change entity values when you make the change through the change accounting basis panel. See Set Up an Entity/Accounting Basis for Amortization for more information.

Gain/Loss on Paydowns

1871

Specifies how the system handles the gain/loss on paydowns (repayment of part of an outstanding loan balance) for the entity/accounting basis. This field is used with factor based debt instruments such as mortgage backed securities. For more information, see Understand Mortgage-backed (MBS) and Asset-backed (ABS) Securities. Options include:

• Gain/Loss. The system generates a gain/loss on a paydown. You can post the gain/loss to either a capital or general ledger account. The system displays the Paydown Gain Loss Account field.

• Amortization. The system records a gain/loss generated by a paydown as accelerated amortization.

Paydown Gain Loss Account

4519

Determines whether the paydown on a gain/loss is posted to the capital or income ledger account for the entity/accounting basis. This field appears when you select Gain/Loss from the Gain/Loss on Paydowns field. For more information, see Understand Mortgage-backed (MBS) and Asset-backed (ABS) Securities. Options include:

• Capital. If the position is under 365 days of ownership, the system posts the gain/loss on a paydown to the Realized Gain on Investments Short Term (3006000111) and Realized Loss on Investments Short Term (3006000112) general ledger accounts. If the position is over 365 days of ownership, the system posts it to the Realized Gain on Investments (3006000101) and Realized Loss on Investments (3006000102) general ledger accounts.

• Income. The system posts the gain/loss on a paydown to the Realized Loss on Investments (4004000102) and Realized Gain on Investments (4004000101) general ledger accounts.

Principal Loss on Paydown Processing Flag

2925

Allows you to select the method in which to process the principal loss on a paydown. The system uses the Principal Loss Factor field (tag 2926) value specified for the final factor to process the principal loss. For more information, see Understand Mortgage-backed (MBS) and Asset-backed (ABS) Securities. Options include:

• Accelerated Amortization. The system reduces the cost of the position by the total reduction of shares. The offset to cost is accelerated amortization. This field is only allowed if the Gain/Loss on Paydowns field is set to Amortization.

• Realized Gain/Loss. Default. The system treats the portion of a paydown that is the result of a loss (write down) at a price of zero. Eagle Accounting treats the portion of a paydown that is the result of a loss (write down) at a price of zero.

• Share Adjustment. The system treats the portion of paydown that is a result of a loss (write down) as a share adjustment (increase or decrease) and does not adjust cost for the loss portion.

Coupon Spreading Period

637

Specifies how the system spreads income deferrals for the entity. This option allows Eagle Accounting to spread accruals of securities, which have a 30 in the numerator of the securities' day count calculation, over a Monthly period, the Coupon period of the security, or None at all. Options include:

• Coupon. The system spreads the daily income over the coupon period. This option is used primarily for mutual funds that distribute income daily, for bonds that are set up as 30/360, and for months that do not contain 30 days. The entity spreads the interest for the entire pay period evenly throughout the period. This "smooths" the interest so that the same amount of income is accrued each calendar day. Without the spread method, the 31st day of a month would not have any accruals, and the 28th day of a 28-day month would have three days' worth of accruals:
  = (Par * Rate) / Payment Frequency / Actual Days in current pay period

• Monthly. The system spreads daily income over the course of a month. A 30/360 bond defers a portion of its income for the 31st day of the month. The entity spreads the interest by the end of the modal month to a monthly 30/360 income amount:
  = (Par * Rate) / Payment Frequency / Actual days in the month 

• None. Default. The system does not spread income deferrals. The entity does not process any coupon spreading.

Unrealized Gain/Loss Posting

5383

Indicates whether the system automatically posts unrealized gains/losses to the ledger during valuation. Options include:

• Yes. Default. The system automatically posts unrealized gains/losses to the ledger during valuation. Select this value only if you are using Eagle's Pricing Center to post unrealized gains/losses.

• No. The system does not automatically post unrealized gains/losses during valuation. You must post them manually.

Final Close Income Recognition Date

10070

Specifies how the system recognizes closed earnings, amortization, and OID (Original Issue Discount) amortization. It determines on what dates the system posts the income that occurs on a disposition transaction. Options include:

• Settle Date. Default. The system recognizes closed earnings, amortization, and OID amortization through the settlement date of the close on a daily basis. Eagle Accounting recognizes the income daily between trade and settle date of the disposition.

• Trade Date. The system recognizes closed earnings, amortization, and OID amortization as one lump sum on the trade date of the close. Eagle Accounting posts the income that normally occurs between trade date and settle date all on the accounting date trade date of the transaction.

Coupon Cash Entitlement Level

11852

Specifies the level at which the system drops coupons. Options include Position Level and Lot Level.

Accrual Convention Offset

12038

Specifies when the system begins earnings accruals. The method you select does not affect coupon payments because the number evens out on the last day and the coupon generated is the same. However, it does affect valuation and Eagle Performance calculations. You can use the Accrual Convention Offset Override field (tag 1604) to override this setting at the trade level for Buy Sellback/Sell Buyback trades. For more information, Set Up Entities for Buy Sellback and Sell Buyback Trades. Options include:

• Settlement Date. Default. The system accrues through the day prior to a coupon payment and then begins accruing for the new coupon on the coupon pay date.

• Settlement Date + 1. The system begins earnings accruals using a one day lag. It accrues through the coupon date for the current period and pays it out that day, and then begins accruing for the new coupon on the coupon date plus one day so that the accrued income on the coupon date is zero. This method can apply to countries such as Canada.

ILB Gain/Loss Flag

3856

Indicates how Eagle Accounting treats the catch-up inflationary income that occurs at maturity for deflation protected Inflation linked bonds in the event that the index ratio at maturity is less than the ILB Min Index Ratio. For more information, Understand Inflation Linked Bonds. Options include:

• Maturity Gain/Loss and Daily Income. The catch-up inflationary income recognized as part of a deflation maturity to bring the security to the ILB minimum inflation index ratio is treated as realized gain/loss, and posts to a Gain Loss account. Daily Inflation linked Income is treated as Inflation Income, and posts to an inflation income general ledger account.

• Both Income. Both the daily inflation income and the catch-up inflation income recognized as part of the deflation maturity are treated as inflation income. It posts to an Income general ledger account.

No Negative Income Flag

3857

Determines whether the system allows a tax lot to have negative life to date income. The option to prevent a tax lot from having life to date negative income is only available for Identified Cost tax lots. This field appears if you set the Cost Method field to a value of Identified. Options include:

• Allow Negative Income. Default. The system recognizes negative income.

• Do Not Allow Negative Income. The system does not recognize negative income. The system uses the following calculation to determine if there is negative income: Total Income LTD = Accrual LTD + Amortization LTD + ILB LTD + OID LTD. 
  If Total Income LTD is less than zero, the earnings process first looks to deferred ILB income if it exists. If Total Income is still less than zero, amortization income is deferred until income exceeds zero.

IO Security Amort/Income Flag

17387

Determines how the system recognizes amortization and accretion on the General Ledger for securities with a processing security type (PST) of Interest Only Factor Based Debt Instrument (DBFBIO). Options include:

• Separate Income and Amort on Ledger. Bifurcates the income streams with amortization going to an amortization account and the interest going to investment interest income. Eagle Accounting posts amortization and accretion to the following general ledger account after a split: Amortization of Premium (4001000401), Investment Interest Income (4001000100).

• Combine Income and Amort on Ledger. Default. Nets together amortization and accretion in the Investment Interest Income (4001000100) account on the general ledger.

Basis Processing Rule

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BasisProcessingRule BasisProcessingRule

Basis Processing Rule Name

7152

Specifies the name of the processing rule to use for the entity and accounting basis. This rule contains securities and the associated security processing rules to be used for accounting processing/treatment.

Basis Processing Rule ID

2965

Specifies the instance of the processing rule to be used for the entity and accounting basis.

Month End Fields

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MonthEndFields MonthEndFields

Month End Processing Indicator

9697

Indicates whether the accounting basis is using month end processing, which allows you to report transactions in the correct month end report without having to reopen closed daily valuation and accounting periods. Options include:

• Yes. The basis uses month end processing. If you set this field to Yes, the system sends messages to establish month end accounting periods. If you use Control Center, you must also select Yes if you want to view funds in Month End Control Center. Additional fields in this section become available.

• No. The basis does not use month end processing.

Month End Long Price

9676

Specifies the month end pricing source for long positions. This option appears if you set the Month End Processing Indicator field to Yes.

Month End Short Price

9677

Specifies the month end pricing source for short positions. This option appears if you set the Month End Processing Indicator field to Yes.

Other Information Fields

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OtherInformationFields OtherInformationFields

Tax ID Number

1341

Specifies the tax identification number for the entity. You can enter up to 10 characters. For reference only.

Manager ID

1149

Specifies the identification number of the entity manager. For reference only

Inception Value

1160

Specifies the monetary value of the entity at the inception date. For reference only

Termination Date

1161

Indicates the date by which an entity should no longer be included in GIPS composites

S2P Direct Interface Fields

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S2PDirectInterfaceFields S2PDirectInterfaceFields

Delta Process Flag

4758

Indicates whether the entity's backdated transactions and affected position records are transferred from STAR to PACE for reporting purposes using the STAR to PACE Direct Interface. Options include:

• No. Default. The system does not use the STAR to PACE Direct to transfer an entity's open positions and cash balances.

• Yes. The system uses the STAR to PACE Direct to transfer an entity's open positions and cash balances.

Create Performance Cash Flows in PACE

5398

Indicates whether the STAR/PACE integration procedure processes cash currency and copies cash flow information for reporting by Eagle's Performance solution. Options include:

• No. Default. The STAR/PACE integration procedure does not create cash currency records for performance reporting. If you do not use Eagle Performance, select No.

• Yes. The STAR/PACE integration procedure creates cash currency records for performance reporting. If you use Eagle Performance, select Yes.

Store Cash Positions in PACE

5563

Indicates whether the STAR/PACE integration procedure exports the entity's cash positions from STAR to PACE. Options include:

• No. Default. The STAR/PACE integration procedure does not export cash position records from STAR to PACE. If your organization does not need currency balances, select this value to improve efficiency.

• Yes. The STAR/PACE integration procedure exports the cash position records from STAR to PACE and stores the cash balances in the position detail table in the PACE data warehouse. If you use Eagle Performance, select Yes.

Value at Cost - No Price Found

11454

Specifies whether to use the cost value when no price is found for the selected entity/accounting basis. This setting does not affect futures contracts market values. If you run STAR to PACE Direct in Batch mode using the Recent price option (that is, you set the Price Date Switch option to Recent in the Transfer Data - Batch panel), be aware that any recent price is used before the asset is priced at cost. Options include:

• Yes. Use cost value. If no price is found, STAR to PACE Direct defaults the amortized cost into the PACE market value fields in the position detail and lot level position tables.

• No. Do not use cost value. Use the default value of 0. The amortized cost is not used even if there is no pricing available.

Portfolio Turnover

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PortfolioTurnover PortfolioTurnover

Group Name

5336

Specifies the group name of the Portfolio Turnover reporting rules used to exclude transactions from the Portfolio Turnover reports for the entity. You can add additional values using the Codes workspace for the PTGROUP code category under the source Eagle PACE, and then use the Portfolio Turnover Exclude Rules panels to manage the transactions to exclude for this group name. If you do not specify a group name, the system uses portfolio turnover exclude rules that are not assigned to a group. Define a portfolio turnover group name at the entity level only if you need a single rule profile to calculate and run the entity's portfolio turnover calculation and report details. If you need multiple portfolio turnover calculations based on different rule setups, you can define a Group Name for the Portfolio Turnover report profile. 

Process Center Fields

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ProcessCenterFields ProcessCenterFields

Process Center

4896

Specifies the entity's process center. A process center allows you to group entities into centers to control the timing of global processes, such as accruals, corporate action processing, maturities, contractual cash settlements, and STAR to PACE Direct processes. If specified, the system uses the date associated with the process center as the post date on all transactions. Eagle strongly recommends the use of process centers.

Business Processing Group

16566

Specifies the business processing group for the entity. Business processing groups allow for the customization of Automated Event Wrapper (AEW) event group processing and allow you to segregate multiple business lines on a single production region of STAR. You can assign a Business Processing Group code value at the entity level and link it to custom Automated Event Wrapper event groups that contain only the needed steps for the specific client or workflow. 

Control Center

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ControlCenter ControlCenter

Control Center Entity

10462

Indicates if you can view an entity's status using the Control Center. The Control Center allows you to view entity statuses for all system events in real time. The Control Center provides a central location for applying business edits, reviewing and controlling transactions, and performing valuations and audits of entities. Options include:

• No. Default. The system does not allow you to view the entity status using the Control Center.

• Yes. The system allows you to view the entity status using the Control Center. All edit test procedures check this flag to ensure the fund is set up as a Control Center fund. If you select Yes, additional fields in this section become available.

Trading Gain/Loss Rule Id

9231

Specifies the trading gain/loss rule for the entity. The trading gain/loss process determines the impact of a trade by comparing a transaction's trade price to the prior market price. This field is required if you set Control Center Entity to Yes. Options include:

• DEFAULT INCLUDE. Tests new purchases by using the current day market exchange price.

• DEFAULT EXCLUDE. Does not post trading gain/loss for new security purchases.

• DEACTIVATE.

Control Center Entity Tests

2297

Specifies how you assign edit tests during fund setup. This field appears when you set Control Center Entity to Yes and is required under this circumstance. Options include:

• Core. Attaches out of the box edit tests upon fund setup through the ADD_CC_TEST_FOR_START_ENTITY procedure.

• Non-Core. Adds customized edit tests to funds during the fund setup process.

• None. Assigns edit tests in the module after establishing them. Assigning edit tests at the composite level (not fund level) is easier to maintain.

Control Center Process Center

11407

Specifies the Control Center Process Center code for the entity. The Control Center uses this code for queries and processes that push edit test result data to the Status Map tables. This field is appears when you set Control Center Entity to Yes and is required under this circumstance.

Control Center Daily Map

3975

Specifies the daily Control Center status map used for the entity. This field appears when you set the Control Center Entity field to Yes.

Control Center Monthly Map

80

Specifies the month end Control Center status map used for the entity. This field appears when you set the Month End Processing Indicator field (tag 9697) to Yes and you set the Control Center Entity field to Yes.

Accrue Cash Balance Fields

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AccrueCashBalanceFields AccrueCashBalanceFields

Cash Sweep

4515

Indicates whether the system can perform cash sweeps into a short term investment fund (STIF) security for the entity. For more information, see Set Up Entities for Cash Sweeps. Options include:

• No. Default. The system does not sweep the entity's uninvested cash balance into a Short Term Investment Fund (STIF) security. If you set the Position Cash Segregation Basis Indicator option to Yes, this option displays a value of No and is locked.

• Yes. The system sweeps the entity's uninvested cash balance into a STIF security. If you select Yes, you must specify values for the Lookup STIF Issue Name and Lookup STIF Asset ID fields. You can sweep cash at the entity level if you do not use cash segregation.

Minimum Balance

16726

Specifies the amount of the minimum balance needed in order for the system to perform a cash sweep into a STIF for the entity. You must specify a positive number. If you specify a value and the cash balance is positive, the system sweeps cash into a STIF for the entity and creates cash sweep transactions only if the balance is equal to or greater than the minimum balance. If you specify a minimum balance and the cash balance is negative, sweep processing always occurs to cover that negative balance. For more information, see Set Up Entities for Cash Sweeps. 

Lookup STIF Issue Name

301

Specifies the issue name of the STIF security associated with cash sweeps for this entity. You can select a Short Term Investment Fund/Vehicle with a processing security type of STIF (DBSTST) or Mutual Fund (EQEQMF) for use with cash sweep processing. For Eagle Accounting to process the cash sweep, the STIF security’s asset currency must match the entity’s Account Base Currency (tag 86) value. This field appears when you set Cash Sweep to Yes. For more information, see Set Up Entities for Cash Sweeps. 

Lookup STIF Asset ID

364

Specifies the primary asset ID of the STIF security associated with cash sweeps for this entity. You can select a Short Term Investment Fund/Vehicle with a processing security type of STIF (DBSTST) or Mutual Fund (EQEQMF) for use with cash sweep processing. For Eagle Accounting to process the cash sweep, the STIF security’s asset currency must match the entity’s Account Base Currency (tag 86) value. This field appears when you set Cash Sweep to Yes. For more information, see Set Up Entities for Cash Sweeps. 

Tax Fields

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TaxFields TaxFields

Taxable Indicator

1143

Indicates whether the entity is taxable. For reference only. For more information, see Manage Tax Withholding and Reclaim Processing. Options include No (Default) and Yes.

Accrue Interest Tax Indicator

3911

Indicates whether the system accrues interest for tax withholding and reclaims. For more information, see Manage Tax Withholding and Reclaim Processing. Options include:

• No. The system does not accrue interest for tax withholdings and reclaims on a daily basis. Instead, tax withholdings and reclaims are calculated on the coupon payment date.

• Yes. The system accrues interest for tax withholdings and reclaims on a daily basis. If you select Yes, you cannot set the Tax Accounting Method field to Gross Income because the Gross Income method ignores all withholding tax on dividends and coupons.

Tax Accounting Method

3912

Specifies how the system processes tax withholdings and reclaims on dividends and other interest transactions. For more information, see Tax Accounting Method Examples. Options include

• Gross Income Method. Default. The system ignores any withholding tax on dividends or coupon entitlements, even if applicable tax rates are set up in tax tables, and tax reclaim will not process. The gross amount of the dividend or coupon entitlement is posted as a receivable. The receivable is then relieved against the cash receipt on the coupon or dividend pay date. You cannot select this value if you set the Accrue Interest Tax Indicator field (tag 3911) to Yes.

• Gross Liability Method. The system generates both a receivable and a payable amount for the withholding tax. A receivable is created at the net amount of the dividend or coupon entitlement less the amount of the reclaim. A separate receivable is created for the reclaim amount, if any. A payable is also created for the unrecoverable tax amount (tax expense). The system relieves both the payable and receivable against the cash receipt on the coupon or dividend pay date.

• Net Method. The system generates a receivable at the net income amount (gross income less withholding tax) and a separate receivable for the reclaim amount, if any. The payable for the tax expense is not created.

Entity Tax Type

3929

Defines the entity's tax status and allows you to group entities for tax accounting purposes. The system uses this value to calculate tax withholding and tax reclaim rates. You can group entities by entity tax type, entity tax qualifier, or both. Options for this field are user defined. The system is installed with a set of values for this field. You can add additional code values for this field using the Codes workspace for the ENTITY TAX TYPE code category. For more information, see Manage Tax Withholding and Reclaim Processing.

Note that Eagle Accounting does provide an All option in the Entity Tax Type code value as part of the default script, so that it can be used as a wild card in the Global Tax table. However, you should not use the All option in the entity setup, because it limits your institution's ability to have extremely flexible tax nomenclature or structure.

Entity Tax Qualifier

3930

Defines the entity's tax status and allows you to group entities for tax reporting purposes. The system uses this value field to calculate tax withholding and tax reclaim rates. You can group entities by entity tax type, entity tax qualifier, or by both. Options for this field are user defined. The system is installed with a set of values for this field. You can add additional code values for this field using the Codes workspace for the ETAX QUALIFIER code category. For more information, see Manage Tax Withholding and Reclaim Processing.

Tax Exempt Processing Flag

4948

Determines whether income is posted to taxable or tax exempt general ledger accounts. This field works with the Federal Tax Indicator field (tag 1545), which exists at the security level. The Tax Exempt Processing Flag field impacts the Net Investment Income (NII) process when calculating the mixed expense taxable allocation percentage. If this field set to Yes, the net distributable income is processed against tax exempt income and expenses. Options include:

• Yes. If the security level Federal Tax Indicator field is set to No, the system posts the income to tax exempt general ledger accounts. If the security level Federal Tax Indicator field is set to Yes, the system posts income to taxable general ledger accounts.

• No. The system posts the income to taxable general ledger accounts. 

Corporate Action Fields

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CorporateActionFields CorporateActionFields

Cost Allocation Indicator For Rights Issues

3917

Identifies the cost allocation for rights issues. If you do not select a value, the system uses Allocate Cost as the default. Options include:

• Allocate Cost. Default. The system allocates a percentage of the cost of the original security to the rights issue.

• Do Not Allocate Cost. The system does not allocate a percentage of the cost of the original security to the rights issue.

• Calculate 15 Rule. The system determines whether to allocate cost to the rights issue based on the market value. If the market value of the rights issue is more than 15% of the cost of the original security, the cost is allocated to the rights issue. If the market value of the rights issue is less than 15% of the cost of the original security, the cost is not allocated to the rights issue.

Treatment of Fractional Shares Override

8251

Specifies how the system treats fractional shares. A fractional share is less than a single share of stock. It often results from stock splits, stock dividends and similar corporate action events. The value in this field overrides the fractional shares value on corporate action announcement panels. Options include:

• Round Down. The system rounds the fractional share entitlement down to zero decimals. No fractional shares are created.

• Post Fractional Shares. The system posts the fractional share entitlement, calculating the amount to two decimal places.

• Round Up. The system rounds the fractional share entitlement up to the next whole number. No fractional shares are created.

• European. The system calculates the fractional share entitlement as follows: 1. Divides the position by the divisor, 2. Drops the decimals on the number that is calculated, 3. Multiplies the whole number by the multiplier.

• Round to Nearest Whole Share. The system rounds the fractional shares to the nearest number of whole shares. If the calculated entitlement is greater than or equal to 0.50, the system rounds the fractional shares up to the next whole share. If the calculated entitlement is less than or equal to 0.49, the system drops the fractional shares.

Corporation Action FX Rule

9705

Specifies the foreign exchange rate that the system uses for posting corporate actions. Options include:

• Recent. The system uses the trade date exchange rate if available. Otherwise, it uses the most recent exchange rate.

• Actual. The system retrieves only the exchange rate for the trade date. It rejects the transaction if no exchange rate is found.

Awarded Rights Expiration Rule

9921

Specifies how the system handles the treatment of loss generated by the expiration of a right or warrant. Options include:

• Loss. Default. The system applies the loss generated by the expiration of a right or warrant to the right or warrant.

• Transfer. The system applies the loss generated by the expiration of a right or warrant to the original security.

Cash Div Cash Entitlement Level

9922

Specifies whether to use lots or positions to determine cash entitlements for cash dividends. Options include:

• Position. Default. The system uses positions to determine cash entitlements for cash dividends.

• Lot. Default. The system uses lots to determine cash entitlements for cash dividends.

Cash Dividend Distribution

3928

Specifies whether cash dividends are paid for corporate actions. It is used for Fund of Funds Distributions. Options include No and Yes.

Non Tax Merger Close Method

11495

Specifies the method to use to close lots on the original security for non-taxable mergers. Options include:

• Pro-Rata Method. Default. The system closes a portion of all lots, ignoring lot selection methods.

• Lot Selection Method. The system selects lots to close based on the lot selection method found on the accounting basis.

Calls,Puts,Refunds,Principal Repay,Cash Tender Prorata Close Flag

17388

Specifies how the system processes CA_CASH_CLOSE events that affect Calls, Puts, Refunds, Principal Repayments, and Cash Tender corporate actions for the entity. Determines whether the system relieves lots on a prorata basis or based on lot selection method. Options include:

• Yes. The system processes cash close events for Calls, Puts, Refunds, Principal Repayments, and Cash Tender corporate actions on a prorata basis.

• No. Default. The system processes cash close events for Calls, Puts, Refunds, Principal Repayments, and Cash Tender corporate actions based on the entity Lot Selection Method (LSM).

Rights and Warrants Expire Delay Days

4605

Specifies the number of days to delay the expiration of rights and warrants, allowing you to delay the maturity processing of rights and warrants. The default is 0 (zero days).

Expiry Date Processing

12877

Indicates whether the entity allows you to process voluntary corporate actions based on expiration date. You can override this value at the voluntary corporate action election level. For more information, see Process Voluntary Corporate Actions based on Expiry Date. Options include:

• Yes. The entity allows you to process voluntary corporate actions based on expiration date +1. The system sweeps the corporate action on expiration date + 1 for corporate actions in a Released status.

• No. Default. The entity does not allow you to process voluntary corporate actions based on expiration date. By default, Eagle Accounting uses the ex date /sweep date rather than the expiration date.

Voluntary Restriction Processing

16658

Indicates whether the entity automatically processes restrictions/pledges on voluntary corporate actions. For more information, see Restrict Shares When Booking Voluntary Corporate Actions. Options include: 

• Yes. The entity processes restrictions/pledges on voluntary corporate actions. The system places the restriction on the shares when you book the voluntary election in Eagle Accounting. After you process the corporate action, Eagle Accounting lifts the restriction when the corporate action reaches its ex-date or expiration date +1, as appropriate. If you select Yes, the Release Proration Pledge field appears.

• No. Default. The entity does not process restrictions/pledges on voluntary corporate actions.

Release Proration Pledge

16865

If the entity uses voluntary restriction processing for corporate actions, indicates whether the entity automatically releases shares originally elected or automatically releases just the shares processed, if the corporate action was prorated. That is, if you apply a Proration Percent (tag 8081) value to the announcement and use voluntary restriction processing for voluntary elections, this option affects whether the system releases the prorated amount of the pledge or the entire pledge amount. Options include: 

• Yes. The entity relieves automated pledges by prorated shares when the entity uses voluntary restriction processing. This option affects only voluntary corporate actions that are prorated and use voluntary restriction processing to automatically restrict shares.

• No. Default. The entity does not relieve automated pledges by prorated shares when the entity uses voluntary restriction processing. The entity relieves automated pledges by elected shares.

Limit Gain Loss Eligible

2487

Determines if gain loss processing occurs for corporate actions for certain cash/stock mergers. Requires the Limit Gain Loss Indicator field (tag 8553) to be set to Yes on the corporate actions panel to be in effect. When applicable, at the lot level, the gain associated with these mergers is the lesser of the cash amount or the gain to be recognized had the entire transaction been taxable. If the result is a loss, it is disallowed. The disallowed component is then treated as a return of capital. In the case of certain taxable mergers, any loss that is generated at the lot level is disallowed. There are U.S. tax provisions that limit the amount of reportable gains and losses for certain mergers with taxable components. Options include:

• No. No gain loss processing for corporate actions.

• Yes. Gain loss processing occurs for nontaxable mergers with taxable cash. For taxable mergers, gain/loss rules are used for the calculation of losses only.

Income/Prepayment Fee Treatment

16739

Identifies the types of corporate actions for the entity's selected accounting basis that use the income/prepayment fee treatment. The income/prepayment fee treatment supports NAIC accounting requirements relating to prepayment penalties, acceleration fees, and make-whole call provision fees on bonds. The system uses this setting in conjunction with the Income/Prepayment Fee Treatment field applied at the corporate action transaction level. For more information, see Understand Income/Prepayment Fee Treatment. Options include:

• All. Apply the NAIC income/prepayment fee treatment to calls and principal repayments. 

• Calls Only. Apply the NAIC income/prepayment fee treatment only to calls. 

• Principal Repayments Only. Apply the NAIC income/prepayment fee treatment only to principal prepayments. 

• None. Do not apply the NAIC income/prepayment fee treatment to corporate actions. Also used with null values for this field. 

NOTE:  If you enable use of the income/prepayment fee treatment for specific types of corporate actions at the entity/basis level, be aware that the system does not consider the basis level Redemption Gain/Loss Indicator field setting for transactions that use the income/prepayment fee treatment. If you set the Redemption Gain/Loss Indicator field to Amortization, the system treats those transactions as if you set the Redemption Gain/Loss Indicator field to Gain/Loss.

Settlement Fields

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SettlementFields SettlementFields

Settlement Tolerance Income

527

Specifies the acceptable dollar amount tolerance when performing partial manual settlements of income. During partial settlement, this field displays a warning if the difference between the actual settlement amount and the contractual settlement amount exceeds the specified tolerance.

Settle Tolerance Trade

528

Specifies the acceptable dollar amount tolerance when performing partial manual settlements of trades. During partial settlement, this field displays a warning if the difference between the actual settlement amount and the contractual settlement amount exceeds the specified tolerance.

Settle Percent Tolerance Income

769

Specifies the acceptable percent tolerance when performing partial manual settlements of income. During partial settlement, this field displays a warning if the difference between the actual settlement amount and the contractual settlement amount exceeds the specified tolerance. You need to enter the value in this field as a whole number.

Settle Percent Tolerance Trade

770

Specifies the acceptable percent tolerance when performing partial manual settlements of trades. During partial settlement, this field displays a warning if the difference between the actual settlement amount and the contractual settlement amount exceeds the specified tolerance. You need to enter the value in this field as a whole number

Cash Suspense Processing

3950

Indicates whether the system performs cash suspense processing. Cash suspense processing is started when the system attempts to settle transactions that do not match (the system cannot find a receivable or payable to settle). Options include:

• Yes. The system performs cash suspense processing. If the transaction is not found, it posts an entry to the cash suspense account. If you select Yes, the Replay Suspense Activity field becomes available.

• No. The system does not perform cash suspense processing. It flags the unmatched transactions as errors and sends them to the Exceptions workspace for review

Replay Suspense Activity

12074

Specifies whether to activate the

process that matches up a trade cancellation with the settlement, reverses the settlement, and replays the matching process. If there is no match, the item is posted into suspense. This can also

apply to corporate actions. This field appears when you set Cash Suspense Processing to Yes and is required under that circumstance. Options include:

• Yes. Default. The system activates the process that matches up a trade cancellation with the settlement, reverses the settlement, and replays the matching process. If there is no match, the item is posted into suspense.

• No. The system does not activate the process that matches up a trade cancellation with the settlement, reverses the settlement, and replays the matching process. When you use cash segregation and have a transaction cancelled, the traded cash and linked settled cash are cancelled.

Cash Breakage Election

12071

Indicates whether breakage activity is posted to the income account (

4002000300) or both the principal account (

3009000200) and income account. Options include Income (Default) and Both Principal and Income.

Period Close Fields

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PeriodCloseFields PeriodCloseFields

Accounting Period Rule

2300

In order to use period close rules, you must set up the Accounting Period Rule field (tag 2300) for each entity. The system uses the entity's Accounting Period Rule field in order to assign the accounting date for a transaction during processing. It also derives the accounting date based on the transaction's effective date (trade date) and based on the accounting period that is open at time of processing. Options include:

• Trade Date. Default. When the system assigns the accounting date for the entity's transactions, the accounting date is equal to the effective date (trade date) of the transaction if the accounting period is open. Otherwise, the system uses the latest open accounting period.

• Trade Date + 1 Business Day. Also called T + 1. When the system assigns the accounting date for the entity's transactions and the accounting period is open, it uses the period close rules to verify whether the processing event is eligible for an accounting date that occurs one business day after the trade date. For processing events included in the period close rules, it uses T + 1 to assign the accounting date, using the effective date plus one business to assign the accounting date. For processing events excluded from the period close rules, it uses the effective date (trade date) of the transaction to assign the accounting date. Otherwise, if the accounting period is not open, the system uses the latest open accounting period.

Forward Fields

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ForwardFields ForwardFields

Forward Position By Broker

3913

Indicates whether to use the broker code to distinguish forward contracts made with a different broker but the same two currencies and maturity date. Options include:

• Yes. The system uses the broker code. If the broker is unique on each transaction, the system creates a new security master record for each forward trade with the same sell/buy currency and maturity date.

• No. The system does not use the broker code. The system does not create a new security master record for each forward trade with the same sell/buy currency and maturity date.

Forward Close Eligible

3924

Indicates whether the entity allows closes of forward contracts. Options include:

• Yes. The system allows closes of forward contracts prior to maturity. It closes open forward contracts by offsetting forward contracts.

• No. The system holds all forward contracts until maturity. It records separate long and short positions for offsetting forward contracts.

Forward Settlement Currency

3926

Specifies the settlement currency to use for closing a forward contract. The system creates receivable records and payable records based on the value in this field.

Forward Security Exists

675

Indicates whether you must add the forward contract to the security master file prior to booking a forward trade. A forward contract is a type of foreign exchange transaction whereby a contract is made to exchange one currency for another at a fixed date in the future at a specified exchange rate. Options include:

• Yes. You must add the forward contract to the security master file prior to booking a forward trade.

• No. You do not need to add the forward contract to the security master file prior to booking a forward trade. The system creates two security master records, one for each leg of the forward contract, when you book the trade.

Futures Fields

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FuturesFields FuturesFields

Net Futures Positions

632

Indicates whether you can book short future trades. Options include:

• Yes. The system does not allow you to book short future trades. All futures transactions are processed in one net position by the clearing broker.

• No. The system allows you to book short future trades. This value allows an entity to be long and short in one futures position. If this field is set to No, you cannot book open or close short future trades.

Futures Clearing Broker Code

634

Specifies a clearing broker code for settling variation margins. You can override this field by adding a value in the Clearing Broker Code field on the futures trade panels.

Future Cost Ledger Method

641

Specifies how the system records the futures cost in the general ledger. Options include:

• Core. Default. The system posts a variation margin. No cost is recorded for the future transaction and commission is included as part of the cost and not paid out separately.

• UK. The system posts an unrealized gain loss. The system records the cost of the futures and commissions are paid right away.

Options Fields

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OptionsFields OptionsFields

Net Option Positions

639

Indicates whether you can process write and buy to cover option transactions. Options include Yes and No.

Options and Future Expire Delay Days

12101

Specifies the number of days to delay the expiration of options and futures to delay the maturity processing of options and futures. The default is 0 (zero days).

Caps/Floors Fields

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CapsFloorsFields CapsFloorsFields

Net Cap Floor

5830

Determines how the system processes caps/floors. For more information, see Set Up Entities for Caps and Floors. Options include:

• Yes. The system nets a buy and sell of a cap/floor on the same entity into a single position.

• No. The system treats a buy and sell of a cap/floor on the same entity as two separate positions. If you set the Net Cap Floor field to No, ensure you set the Tech Short Eligible Indicator (tag 57) at the entity level to indicate whether the position can go technically short.

Entity Level Engine Routing

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EntityLevelEngineRouting EntityLevelEngineRouting

Entity Engine Number

4623

Specifies the engine number code value.

Entity Engine Description

7025

Specifies the entity engine description.

Partition Assignment

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PartitionAssignment PartitionAssignment

Entity Partition

1134

Specifies the segment of the database where you store the entity transactions. Entity partitioning is used for strategic high volume clients that require partitioning of the ESTAR database schema. Eagle clients that do not use partitioning use the default value of 1.