In the Close Variable Expense panel, you can close a variable expense.
To close a variable expense:
In Accounting Center, in the left navigation pane, click Setup > Expense > Variable Expense > Close Variable Expense.
You see the Close Variable Expense panel.Complete the options in the Close Variable Expense panel.
Click Submit.
Close Variable Expense Panel Options
The following are the options in the Close Variable Expense panel.
Option | Tag | Description |
|---|---|---|
Fund Information | ||
Entity ID | 1163 | Specifies the entity identifier |
Entity Name | 1164 | Specifies entity name. |
Accounting Basis | 21 | Specifies the accounting basis for the selected entity. |
Share Class | 34 | Specifies a valid share class. |
Expense Information | ||
Expense Account Name | 3252 | Specifies a valid expense account. |
Replication Switch | 4971 | Displays the expense replication option selected on the primary accounting basis. |
Accrual Ending Date | 221 | Specifies the accrual end date. |
Earned Thru Date | 461 | Specifies the earned thru date. |
NAV Component | 3256 | Specifies the NAV component. |
Tier ID | 3255 | Specifies the tier expense. |
Rate Value | 3201 |
Displays the percentage rate used for a tax expense based expense, in decimal format. This field appears if you close a variable expense with the Tax Expense field set to Yes. | ||
Fee Currency | 85 | Specifies the local currency in which the asset is denominated. |
Minimum Fee Amount | 3254 | Displays the minimum amount for a fee. |
Minimum Fee Frequency | 3253 | Displays the frequency of the minimum fee amount. |
Maximum Fee | 11451 | Displays the maximum amount for a fee. |
Max Fee Frequency | 11578 | Displays the frequency of the maximum fee amount. |