In the IntraFund Cash Transfer Between Custodians panel, you can transfer cash for an entity that uses cash segregation from one custodian bank to another custodian bank. You can use this option to move cash within the entity's custody basis if the custodian for the cash changes. You can also select a different cash account and/or cash category during the transfer. This type of move between custodians and cash accounts has no impact on accounting.
To transfer cash within an account between custodians manually:
- In Accounting Center, in the left navigation pane, click Transactions > Cash > Cash Transfers > IntraFund Cash Transfer Between Custodians.
You see the IntraFund Cash Transfer Between Custodians panel. - Complete the options in the IntraFund Cash Transfer Between Custodians panel.
- Click Submit.
You have transferred cash from one custodian/cash account to another custodian/cash account within an entity.
IntraFund Cash Transfer Between Custodians Panel Options
The following are the options in the IntraFund Cash Transfer Between Custodians panel.
| Option | Tag | Description |
|---|---|---|
Entity Information | ||
| Entity ID | 1163 | Specifies the unique identifier of the entity. |
| Entity Name | 1164 | Specifies the name of the entity. |
| Position Cash Segregation Basis | 11675 | Displays whether you created a custody accounting basis for the entity for use in cash segregation. You must select an entity with this value set to Y to transfer cash between custodians. |
| Base Currency | 86 | Displays the base currency of the selected entity. |
| Originating Custody Bank | ||
Custodian Bank Name | 1146 | Specifies the name of the custodian bank from which you are transferring cash. The lookup displays the bank account relationships established between the entity or the entity's reporting composite and the custodian bank, showing the custodian bank name, custodian bank code, and custodian bank account number. |
| Custodian Bank Code | 1240 | Specifies the code of the custodian bank from which you are transferring cash. |
| Custody Bank Account Number | 1660 | Specifies the custodian bank primary account number from which you are transferring cash. |
| Custody Bank Sub Account | 1661 | Displays the sub account type assigned by the custodian bank from which you are transferring cash. If the entity uses cash segregation, this field displays a value of Other. |
| Cash Account Name | 11696 | Specifies the name of the cash account for the custodian from which you are transferring cash. If you select a custody basis for the transfer, the lookup displays the available cash accounts based on the cash account relationships defined for the selected custodian's bank account relationship. |
| Cash Account Number | 11697 | Specifies the account number of the cash account for the custodian from which you are transferring cash. |
| Cash Category | 62 | Identifies the classification of cash you are transferring. Options include:
|
| Receiving Custody Bank | ||
| To Custodian Bank | 9409 | Specifies the name of the custodian bank to which you are transferring cash. The lookup displays the bank account relationships established between the entity or the entity's reporting composite and the custodian bank, showing the custodian bank name, custodian bank code, and custodian bank account number. |
| To Custodian Bank Code | 9410 | Specifies the code of the custodian bank to which you are transferring cash. |
| To Custody Bank Acct Num | 9411 | Specifies the primary account number for the custodian bank to which you are transferring cash. |
| To Custody Bank Subacct | 9749 | Displays the sub account type assigned by the custodian bank. If the entity uses cash segregation, this field displays a value of Other. |
| To Cash Account Name | 11674 | Specifies the name of the cash account for the custodian to which you are transferring cash. The lookup displays the available cash accounts based on the cash account relationships defined for the selected custodian's bank account relationship. |
| To Cash Account Number | 16080 | Specifies the account number of the cash account for the custodian to which you are transferring cash. |
| To Cash Category | Displays the classification of cash you are transferring. Options include:
| |
Transfer Amount | ||
| Transfer Date | 35 | Specifies the effective date of the cash transfer. |
| Accounting Date | 36 | Specifies the date the trade is reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date. |
| Monthly Accounting Date | 4733 | Displays the month end accounting date. |
| Settlement Date | 37 | Specifies the settlement date for the cash transfer. |
| Amount | 366 | Specifies the cash amount that you are transferring. |
Other Information | ||
| Posting Method | 991 | Identifies the posting method to use for the cash transfer. Options include:
|
| Transaction Notes | 56 | Specifies user defined information about the transaction. |
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