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To set up STAR to PACE Direct, you must:

  • Define the STAR to PACE Interface processing parameters for each accounting basis.
  • Define source interfaces for non-standard accounting bases.

Define the STAR to PACE Direct Interface Fields

You must define several S2P parameter fields on the Create/Edit Entity and Create Master Fund panels in Eagle Accounting for the account. For the primary accounting basis, you must set:

  • Short Term Price Method (tag 1872)
  • Delta Process Flag (tag 4758)
  • Create Performance Cash Flows in PACE (tag 5398)
  • Store Cash Positions in PACE (tag 5563)
  • Value at Cost – No Price Found (tag 11454)
  • Process Center (tag 4896)

These fields are stored in the ENTITY_ACCT_BASIS table for the primary accounting basis. For any secondary accounting basis, you must set similar parameters.
To define the STAR to PACE Direct interface fields for an Entity or Master Fund:

  1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
  2. Enter Create/Edit Entity, Create Master Fund, or Edit Master Fund/Sector in the Start Search text box.

You see the panel search results.

  1. Click the link you want to use.

You see the panel you selected.

  1. Specify the entity/master fund to add or change.

Complete the fields required to set the processing parameters for STAR to PACE Direct.
The following table describes the field name and the description of the panel options that affect S2P processing.

Option

Description

Core Accounting Fields

 

Short Term Price Method

Specifies how Eagle STAR prices short term debt instruments. Options include:

  • Market (Default). Eagle STAR prices the short term debt instruments using market prices rather than the amortized cost of the securities. Unrealized gain/loss entries are created.
  • Cost. Eagle STAR prices the short term debt instruments based on the amortized cost of the securities. No unrealized gain/loss entries are created. You must select a value of Cost if you are processing short term discount accruals. If you select Cost, the Price Level field unhides for data entry with the default value equal 1.
    Note: Eagle STAR identifies a short term fixed income security if the period from Issue Date to Maturity Date is less than or equal to 365 days; it does not do so by Processing Security Type.

S2P Direct Interface Fields

 

Delta Process Flag

Determines whether STAR to PACE Direct automatically updates accounting data in Eagle PACE when it changes in Eagle STAR per Scheduler settings. Options include:

  • Yes. Invoke the STAR to PACE Direct process any time a change takes place on a position.
  • No (Default). Do not invoke the STAR to PACE Direct process any time a change takes place on a position.

Income Delta Process Flag
DO NOT USE

This field is not in use. This functionality has been retired. Contact your Relationship Manager for information about processing income to meet your requirements.

Create Performance Cash Flows in PACE

Determines whether STAR to PACE Direct transfers cash flow information to Eagle PACE to calculate performance values. Options include:

  • Yes. STAR to PACE Direct provides cash flow information to support Eagle Performance. Select this value for all entities.
  • No (Default). STAR to PACE Direct does not provide cash flow information, and thus does not support Eagle Performance. Select this value if you do not use Eagle Performance.

Store Cash Positions in PACE

Determines whether STAR to PACE Direct generates cash balances for storage in Eagle PACE. Options include:

  • Yes. STAR to PACE Direct stores cash balances in the Position Detail table. Select this value for all entities.
  • No (Default). STAR to PACE Direct does not store cash balances in the Position Detail table. If you do not need currency balances, select this value to improve efficiency.

Value at Cost – No Price Found

Controls the population of the market value fields in Eagle PACE. Options include:

  • Yes. STAR to PACE Direct defaults the amortized cost into the market value fields in the Position Detail and Lot Level Position tables in Eagle PACE when no price is available. This functionality is not relevant for use with futures contracts.
  • No. STAR to PACE Direct does not default the amortized cost when no price available.
    Note: If you set the Price Date Switch field (tag 9981) to Recent on the Transfer Data Batch panel, the system uses any recent price before pricing the asset at cost. If no price is found, the Market Value defaults to zero.

Process Center Fields

 

Process Center

Specify the Process Center for this entity, if applicable. Grouping entities together operates certain global processes more efficiently. The Process Center values are user defined.
Note: You can use the Create Process Center Location panel to create process centers.


Add Source Interface Values for Non-Standard Accounting Bases

Eagle Accounting provides source interface values for standard accounting bases, such as USTAX, GAAP, and STAT. If you want to transfer accounting data for entities with non-standard accounting bases, you must add source interface values for each non-standard accounting bases.
The database tables in Eagle PACE use the source interface value to join to the accounting basis associated with an entity.
To add a source interface for an accounting basis:

  1. In Accounting Center, in the left navigation pane, click Setup > Admin > STAR to PACE Maintainance > Add Source Interface.

You see the Add Source Interface panel.

  1. Complete the fields on the panel.

The following table lists the fields and field descriptions for the panel.

Option

Description

Date Type

Determines the type of date to use. Options include:

  • Accounting Date
  • Settlement Date
  • Post Date
  • Effective Date (~ Trade Date)
  • Month End Accounting Date

Acctg Basis

Specifies the accounting basis. For example, USTAX , GAAP, or IFRS.

Source Name

Displays the short description of the source name. The beginning characters identify the specified Date Type and the ending characters identify the specified Accounting Basis.
For example, if you set the Date Type to Accounting Date and Accounting Basis to USTAX, the Source Name value is STARUSTAX. If you set Accounting Basis to GAAP, and set Accounting Date to:

  • Accounting Date, the Source Name value is STARGAAP.
  • Settlement Date, the Source Name value is SSTARGAAP.
  • Post Date, the Source Name value is PSTARGAAP.
  • Effective (trade) Date, the Source Name value is TSTARGAAP.
  • Month End Accounting Date, the Source Name value is MSTARGAAP.

Source Description

Displays the long description of the source name. You can change this value.

Source Comments

Specifies comments about the source.

Event Type

Displays the event value ADDSOURCE.

Partition

Displays the database partition.
  1. Click Submit.

The source interface is available for use by the system.

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