Post Distribution Adjustments

In the Post Distribution Adjustment panel, you can apply adjustments made to the dividend payable by the transfer agent. For example, you may need an adjustment to clear any receivable/payable accounts of pennies due to rounding. You can post adjustments for periodic distributions, set rate distributions, net investment income (NII) distributions, and preferred share distributions.

To post a distribution adjustment:

In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Distribution Adjustments > Post Distribution Adjustment.
You see the Post Distribution Adjustment panel.
Complete the options in the Post Distribution Adjustment panel.
Click Submit.
The system posts the transaction to the general ledger and updates pricing and reconciliation as appropriate.

Post Distribution Adjustment Panel Options

The following are the options in the Post Distribution Adjustment panel.

Option	Tag	Description
Add Distribution Adjustment
Entity Name	1164	Specifies the master fund entity name for the adjustment. When you select the Entity ID, the system displays the corresponding entity name.
Entity ID	1163	Specifies the master fund entity identifier.
Adjustment Type	182	Identifies the type of distribution you are adjusting. Options include: Periodic. The adjustment applies to a periodic distribution. Set. The adjustment applies to a set rate distribution. NII. The adjustment applies to a net investment income (NII) distribution. For more information, see Understand NII Distribution Adjustments. Preferred. The adjustment applies to a preferred shares distribution.
Share Class	34	Specifies the share class for the adjustment. For example, TF for total fund or a share class code. The default value is TF. For adjustments to preferred share distributions, the field displays a value of TF and you cannot change it.
Share Series	16851	Specifies the share series code value for an adjustment to a preferred shares distribution. This field appears if you select an adjustment type of Preferred.
Share Series Name	1177	Displays the share series code name for an adjustment to a preferred shares distribution. This field appears if you select an adjustment type of Preferred.
Effective Date	1109	Specifies the effective date for the NII distribution adjustment. The field displays the entity's current accounting date by default.
Accounting Date	36	Specifies the accounting date for the entity.
Monthly Accounting Date	4733	Displays the month end accounting date.
Record Date	731	Specifies the record date. This field appears if you select an adjustment type of Periodic, Set, or Preferred.
Accounting Basis	21	Specifies the accounting basis for the NII distribution adjustment.
Ex-Date	65	Specifies the ex-date. An ex-date is the date on or after which a security is traded without a previously declared dividend or distribution. This field appears if you select an adjustment type of Periodic, Set, or Preferred. For periodic distributions, the ex-date identifies the periodic distribution ex-date.
Payable Date	1119	Specifies the payment date. This field appears if you select an adjustment type of Periodic, Set, or Preferred.
Reinvestment Date	732	Specifies the reinvestment date. This field appears if you select an adjustment type of Periodic.
Income Taxable Indicator	2283	Determines the general ledger account to which the Income distribution adjustment amount posts. Options include: Taxable. Indicates the distribution adjustment posts to the general ledger accounts for taxable income distributions. Tax-Exempt. Indicates the distribution adjustment posts to the general ledger accounts for tax exempt income distributions.
Income Distribution Amount	781	If the distribution applies to an income distribution, specifies the adjustment amount. This value can apply to any adjustment type.
ST Capital Gain Distribution Amount	783	If the distribution applies to a periodic short term capital gain distribution, specifies the adjustment amount.
LT Distribution Amount	785	If the distribution applies to a periodic long term capital gain distribution, specifies the adjustment amount.
Special Distribution Amount	4489	If the distribution applies to a special periodic distribution, specifies the adjustment amount.
Spike Flag	2286	If you adjust an NII distribution, indicates whether the distribution adjustment represents a spike. Options include: Yes. No. Default.
Bleed Flag	2287	If you adjust an NII distribution, indicates whether the distribution adjustment represents an adjustment that is bled. Options include: Yes. The NII adjustment is a bleed adjustment. Additional bleed specific fields become available. No. Default. The NII adjustment is not a bleed adjustment.
Bleed Id	11947	Displays the unique identifier associated with the bleed. This field appears if you set Bleed Flag to Yes.
Days in Bleed	11948	Specifies the number of days to bleed. The system generates a values that uses the tolerance from the Control Center's Mil Rate edit test, but you can change this value. This field appears if you set Bleed Flag to Yes.
Bleed Amount	11949	Displays the bleed amount. The system calculates this value based on the Days in Bleed value and the distribution adjustment Income Distribution Amount value. This field appears if you set Bleed Flag to Yes.
Bleed End Date	11953	Specifies the end date for the bleed. The system generates a value based on the Days In Bleed value and the distribution adjustment Effective Date value. This field appears if you set Bleed Flag to Yes.
Bleed Comment	4852	Specifies a comment for the bleed. This field appears if you set Bleed Flag to Yes.