To differentiate the various distribution types during logging, a setting called MFP Logging exists on the Mutual Fund type fields. This setting automates the mapping of information for specific distribution types to specific columns in the MFP Audit tables (see Trying it All Together). The following figure shows this setting.
If you do not want to use the audit logging feature, you do not have to apply these settings. However, to use this function you must enable this setting. The default setting is None for backwards compatibility.
The options you see in the drop down list are populated from an internal code and related code values. Note that to prevent duplicate processing, each code can be assigned only once.
To automate the mapping of multiple variables for each of the various distribution types, PACE uses the internal code and associated code values listed in the following table.
Code | Short Description | Long Description |
|---|---|---|
imfp_logging | MFP logging | |
Short Description | Long Description | |
Code Values | INC | Taxable Income |
TEINC | Tax Exempt Income | |
QINC | Qualified Income | |
STCG | Short Term Capital Gain | |
MTCG | Mid Term Capital Gain | |
LTCG | Long Term Capital Gain | |
SINC | Supplemental Income | |
FTC | Foreign Tax Credit | |
ROC | Return of Capital | |
S1250 | Section 1250 Gain | |
RETCG | Retained Capital Gain | |
EXPTOT | Total Expense | |
WVRTOT | Total Waiver |
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