Process Cash Tenders

In the Global Process workspace's Cash Tender/Calls/Puts/Refund/Credit Event Processing panel, you can process cash tenders globally. Global processing only uses cash tender values in the Corporate Action table that have a corporate action status of Released.

To process cash tenders globally:

1. In Accounting Center, in the left navigation pane, click Processing and Exceptions > Global Processes. You see the Global Process workspace.
2. In the left navigation, click Corporate Actions > Cash Tender/Calls/Puts/Refund/Credit Event Processing.
   You see the Cash Tender/Calls/Puts/Refund/Credit Event Processing panel.
3. Complete the options on the Cash Tender/Calls/Puts/Refund/Credit Event Processing panel.
4. Click Submit.
   The system processes the corporate actions that meet your global processing criteria. It only processes mandatory corporate actions that have a status of Released, along with corporate actions with voluntary elections that have an Entity Election Status of Released. It processes the entitlements to the appropriate entities based on the reference data entered for the corporate action. When processing completes, the Global Process workspace displays the results of the job.

You can run reports to check the position or ledger entries or can review your results in Position Viewer. You can see transactions with an Event Type of CA_CASH_CLOSE and a Corporate Action Type value for cash tender activity in the Cost object's Close Lots tab.