Process Cash Contributions

Owned by Tom Fahey (Unlicensed)
Last updated: Sept 28, 2016 by Former user (Deleted)
2 min read

In the Cash Contribution panel, you can post a cash receivable for any local currency and indicate whether to settle the cash contribution automatically or manually.

Post a Cash Contribution

To post a cash contribution:

  1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
  2. Enter Cash Contribution in the Start Search text box.
  3. Click the Cash Contribution (Accounting Center) link to access the panel.
    You see the Cash Contribution panel.
  4. Complete the options on the Cash Contribution panel.
  5. Click Submit.
  6. Close the Cash Contribution bottom tab to return to the Accounting Center.
Content on this page:

Example - Cash Contribution

The following example shows data you enter in the Cash Contribution panel.

 

You can enter all the relevant information needed to post a cash contribution to a portfolio. The panel fields include Entity ID, Contribution Date, Contribution Currency (that is, local currency of the transaction), Local Net Amount (in this case $555.00 USD), and Settlement Date.

The Settle Trade Indicator field, identified in the figure, can be set to a value of either Yes or No. If you select Yes, the transaction is auto settled. If you select No, the transaction has to be manually settled or picked up by the Contract Cash event that can be scheduled.

View Contribution Results in the Cash Journal

After you submit the Cash Contribution panel, you can view the processed cash activity using the Cash Journal report.

To create the Cash Journal report:

  1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
  2. Enter Cash Journal in the Start Search text box.
  3. Click the Cash Journal link to access the panel.
    You see the Cash Journal panel.
  4. Complete the options on the Cash Journal panel.
    In the following example, you select these options to query the cash activity.
     
  5. Click Submit and then select the Grid Report or Advanced Report option to choose the report to view.
    The report request is submitted. The report results display on your desktop for the view selected. NOTE: The Transaction column value displays CONTRIBUTION.
     
  6. Close the Cash Journal bottom tab.