Create Expense Reimbursement Panel Options

The following are the options in the Create Expense Reimbursement panel.

Option	Tag	Description
Add Expense Reimbursement
Entity ID	1163	Specifies the entity identifier.
Entity Name	1164	Specifies entity name.
Accounting Basis	21	Specifies the accounting basis. This option allows you to set up an expense reimbursement on a secondary accounting basis or designate it to a specific class within a fund.
Share Class	34	Specifies a valid share class. A share class is a designation, usually alphabetic, given to a fund's shares. For example, if you designate the share class as TF, the system applies the expense reimbursement against the entire or total fund. You may designate a specific share class if a total fund expense reimbursement is not required.
Reimbursement Account	3252	NEW
Reimbursement Rule ID	4481	Specifies the expense reimbursement rule identifier.
Reimbursement Calc Type	4472	Specifies whether to apply to reimbursement's limit/cap to daily total net assets or cumulative net assets. Options include:  Daily. Applies the limit/cap to daily total net assets. If you select this value, you must specify a value for the NAV Component field.  Cumulative. Applies the limit/cap to cumulative (average) net assets. If you select this value, you must specify a value for the TNA Use Prior Period field NOTE: A reimbursement rule with a Reimbursement Calc Type field set to Daily, a NAV Component field set to Average Net Assets, and an Average Net Asset Frequency field (hidden) set to Annually produces results that match those of a reimbursement with a Calc Type of Cumulative. However, it also posts a unique row every day with a single day's reimbursement amount, rather than backing out the prior day's amount and posting a new fiscal year to date total on the current day.
NAV Component	3256	Determines the value the system uses for the daily total net assets calculation. This field only appears when you set Reimbursement Calc Type to Daily. Options include:  Prior Day Total Net Assets  Adjusted Net Assets  Average Net Assets  Current Day's Settled Shares  Current Day's Outstanding Shares
TNA Use Prior Period	3257	Determines the value the system uses for the average net asset calculation with regards to prior year end total net assets and the current year. This field only appears when you set Reimbursement Calc Type to Cumulative. Options include:  Always use last prior TNA in average net asset calc. The system always includes the total net assets (TNA) from the last day of the prior year when calculating the average net assets for the current year.  Use last prior TNA only once in average net asset calc. The system only includes the total net assets from the last day of the prior year when calculating the average net assets for the first time in the current year (that is, the first business day). After the first reimbursement is triggered, the system no longer includes the prior year's final TNA when calculating the average net assets. Only current year TNA is used when calculating average net assets.
Allow Negative Reimbursement Balance?	989	Indicates whether to allow a negative reimbursement balance during the posting of expenses. Options include:  Yes. Allows a negative reimbursement balance. The system always posts the expense activity for the day up to the limit/cap, whether or not a reimbursement balance exists.  No. Does not allow a negative reimbursement balance. The system posts the expense activity for the day up to the limit/cap only if there are reimbursable funds to recover.
Limit/Cap	4754	Specifies a percentage of the NAV component (if Daily calculation type) or a percentage of the total net assets component (if Cumulative calculation type) which the system compares to the expense activity of the accounts specified in the reimbursement rule. You define this value in a decimal format, such as 0.050000.
Expense Limit/Cap Reset Flag	12030	NEW w/ ??
Expense Reimbursement Recoupment	760	NEW
Prior Year Recoupment Recovery Order	5088	NEW
Contractual Cap	16646	NEW
Recoupment Threshold	16644	NEW
Reimbursement Account	3252	Specifies a valid expense account. WRITERS NOTE: gone?
Start Date	220	Specifies the begin date.
End Date	221	Specifies the end date.
Calendar/Business Days	824	Displays whether the specified entity uses business or calendar days.