In the Edit Distribution Adjustment Bleed panel, when you use net investment income (NII) distributions, you can edit a distribution adjustment bleed by changing it or turning it on or off. You can change a bleed when you shorten or lengthen a bleed. You cannot shorten a bleed prior to an effective date associated with the current accounting date. You can also use this panel to turn on a bleed for any distribution adjustment posted on the current accounting date that you did not identify as a spike. And you can use this panel to turn off a distribution adjustment bleed posted on the current accounting date by setting the days to bleed to 0 (zero).
To edit a distribution adjustment bleed:
- In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Distribution Adjustments > Edit Distribution Adjustment Bleed.
You see the Edit Distribution Adjustment Bleed panel. - In the Entity Name and Entity ID fields, specify the entity name or identifier.
- In the Share Class field, specify a valid share class for which you want to edit the bleed.
Otherwise, leave the field blank. - In the Bleed Adjustment Action field, indicate whether you are changing or turning on the bleed.
Options include:
- Change Adjustment Bleed
- Turn on Adjustment Bleed
If you are turning on the adjustment bleed, the entity's Accounting Date value appears. - In the Bleed ID field, you can enter a specific bleed identifier.
Otherwise, leave the field blank. - In the Begin Date and End Date fields, specify the starting and ending accounting date for the query.
The fields have a default value for the current date. - Click Submit.
You see a list of distribution adjustment bleeds that met your criteria in the Show All tab. - Select the check box for each bleed that you want to edit and click Change Distribution Adjustment Bleed.
You see a row for each bleed you selected for edits in the Change Distribution Adjustment Bleed grid. - For each bleed you want to update, In the New # Days to Bleed box, specify the updated number of days to bleed.
The system updates the New Bleed Amount value and the New Bleed End Date value. - In the Bleed Comment box, you can enter a comment about the update.
All other fields that describe the bleed are locked, and you cannot change them. - Click Submit.
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