In Eagle's Accounting solution, Contract Cash is an event that can be scheduled to run to settle transactions for which the settlement date is less than or equal to the current/system date. Contract Cash is run for all currencies for which an entity has unsettled activity.

You can configure Contract Cash rules to do the following:

Include or exclude classifications of cash, such as principal or income.
Include or exclude certain events, such as maturities or corporate actions.
Exclude certain currencies.

The Contract Cash event is typically set up to run throughout the day so that cash activity processed during the day is settled. You can also run the Contract Cash event manually using the Global Processes panels.

Content on this page:

Run Contract Cash Manually

To run Contract Cash manually:

In Accounting Center, in the left navigation pane, click Processing & Exceptions > Global Processes > Cash > Run Contract Cash.
You see the Run Contract Cash panel.
Complete the options on the Run Contract Cash panel.
Click Submit.

Run Contract Cash Panel Options

In the Contract Cash panel, you can run Contract Cash manually. The options may vary according to your selections.

Option	Tag	Description
Settlement Information
Select Query Option	2283	This option determines how to apply the contract cash settlement, as follows: One Entity/One Security One Entity/All Securities All Entities/One Security All Entities/All Securities
Entity Information
Entity ID	1163	Specifies the identifier of the entity. It appears when you select One Entity/One Security or One Entity All Securities in the Select Query Option field.
Entity Name	1164	Specifies the name of the entity. It appears when you select One Entity/One Security or One Entity All Securities in the Select Query Option field.
Security Information
Cross Reference Type	1234	Specifies the cross reference type associated with the security. It appears when you select One Entity/One Security or All Entities/One Security in the Select Query Option field.
Cross Reference ID	1233	Specifies the cross reference identifier associated with the security. It appears when you select One Entity/One Security or All Entities/One Security in the Select Query Option field.
Asset ID	364	Specifies the asset identifier for the security. It appears when you select All Entities/One Security in the Select Query Option field.
Issue Name	961	Specifies the name of the security. It appears when you select One Entity/One Security or All Entities/One Security in the Select Query Option field.
Asset ID Type	1432	Specifies the asset identifier type for the security. It appears when you select All Entities/One Security in the Select Query Option field.
Settle Dates
Beginning Settle Date	220	Specifies the begin date for the settlement date range.
Ending Settle Date	221	Specifies the end date for the settlement date range.
Accounting Dates
Specific Accounting Date	36	This option contains the specific accounting date for the unsettled activity.
Entity Attributes
Batch Fetch Limit	8134	Specifies the maximum number of events to submit to the engine at one time. The default is 200.
Conversion Value	3914	Specifies the entity's conversion value. It appears when you select All Entities/One Security in the Select Query Option field.
Conversion Value	3914	Specifies the entity's conversion value. It appears when you select All Entities/One Security in the Select Query Option field.
Process Center	4896	Specifies the entity's process center. It appears when you select All Entities/One Security in the Select Query Option field.
Exchange Rate Source	514	Specifies the pricing source the system uses for pricing foreign exchange rates for the entity/accounting basis. It appears when you select All Entities/One Security in the Select Query Option field.
Settlement Options STAR Cash Category Types
Settle Cash Category Type(s)	1304	This option specifies the settlement types for processing cash settlements, as follows: Trade and Income (Default) Trade Only Income Only
Specify Currency of Assets to Settle
Settle Specific Asset Currency	2284	Indicates whether to run Contract Cash for a specific asset currency. Available options include: No (Default) Yes
Asset Currency	85	Specifies the asset currency code. It appears when you select Yes in the Settle Specific Asset Currency field.
Settle All Base or Non Base Activity
Settle Domestic/Foreign Activity	10706	This option appears when you select No in the Settle Specific Asset Currency field and indicates whether to process Contract Cash for base or non-base activity. Select from the following: Domestic Only (Local Currency = Base Currency) Foreign Only (Local Currency not = Base Currency) None
Settle Specific Processing Security Type
Processing Security Type	3931	Specifies the security type. It appears when you select One Entity/All Securities, All Entities/One Security, or All Entities/All Securities in the Select Query Option field.
Partition	95	Specifies the entity partition code. It appears when you select All Entities/One Security, or All Entities/All Securities in the Select Query Option field.

Example - Contract Cash

WRITERS NOTE: update examples later

Eagle's Accounting solution maintains cash balances from both a traded and settlement basis. Once settlement date has been reached and contract cash processed, Position Viewer allows you to view the cash activity as both traded and settled.

For a coupon that has been generated, before settlement date, Position Viewer displays the coupon as traded. In the following figure, you see the value of TRADED in the Status column.

After contract cash is processed for the unsettled coupon, Position Viewer is updated, as shown in the following figure.

Process Contract Cash

Run Contract Cash Manually

Run Contract Cash Panel Options

Example - Contract Cash

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