In the Post Set Rate Distributions panel, you can submit the postings for the daily set distribution rate calculation. The system calculates a daily set rate and posts the distribution amount to the ledger. The system uses to distribution schedule to identify the days on which the set rate distribution process does not post a daily distribution. If you calculate set rate distributions on the end date of a non-distribution period, the system additionally calculates expense absorption.
WRITERS NOTE: am not including the detailed step by step description of how the calculate set rate distribution processing works and how the expense absorption processing works
To post a set rate distribution:
- In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Set Rate Distribution > Post Set Rate Distributions.
You see the Post Set Rate Distributions panel. - Complete the options in the Post Set Rate Distributions panel.
- Click Submit.
Post Set Rate Distributions Panel Options
The following are the options in the Post Set Rate Distributions panel.
| Option | Tag | Description |
|---|---|---|
| Trigger Set Rate Distribution | ||
| Entity ID | 1163 | Specifies the master fund entity identifier. |
| Entity Name | 1164 | Specifies the master fund entity name. When you select the Entity ID, the system displays the corresponding entity name. |
| Acct Currency | 86 | Displays the base currency of the entity. |
| Accounting Date | 36 | Specifies the accounting date for the entity. |
Add Comment