Manage Manual NAV Overrides and Adjustments for Adjusted NAV Expenses

In the Adjusted NAV Expense Override maintenance panels, when you use adjusted NAV expenses, you can manage manual adjustments to an underlying NAV component for a variable expense that uses an adjusted NAV expense rule. The adjustments can apply to a single accounting date or to a date range. You can also use these panels to manually override the underlying NAV component amount with a user defined NAV amount.

You can create, edit, list, list historical information for, and delete manual overrides and adjustments for adjusted NAV expenses.

Create Adjusted NAV Overrides and Adjustments

In the Create Adjusted NAV Expense Override panel, you can add a manual adjustment to an underlying NAV component for a variable expense, or you can override the underlying NAV component amount with a user defined NAV amount.

To create adjusted NAV expense overrides and adjustments:

1. In Accounting Center, in the left navigation pane, click Transactions > Expenses > Expense Adjustments > Create Adjusted NAV Expense Override.
   You see the Create Adjusted NAV Expense Override panel.
2. In the Entity ID or Entity Name field lookups, specify the identifier or name. of the entity with an adjusted NAV expense you want to override or adjust.
3. In the Acctg Basis, Share Class, and Expense Account Name fields, you can specify the accounting basis, share class, and/or expense account name for the adjusted NAV expense you want to view. 
   Otherwise leave those fields blanks to review all results for those criteria.
4. Click Submit.
   You see a row for each adjusted NAV expense rule that met your criteria in the Show All tab.
5. Select the row for each adjusted NAV expense rule you want to update so that a check mark appears in the check box, and click Add Adjusted NAV Expense Override.
   In the Add Adjusted NAV Expense Override grid, you see a row for each adjusted NAV expense you selected.
6. Click the row for each adjusted NAV expense rule you want to update, and in the Manual NAV Component list, select Manual NAV Override or Manual NAV Adjustment.
   In each row you can view the entity identifier, share class, and NAV component, but cannot change those values. 
7. For each row where you are performing an override, do the following:
   - In the Report Start Date box, specify the date when the override begins. 
   - In the Manual NAV Override Amount box, specify the override amount.
   You cannot change the displayed entity identifier, share class, or NAV component, and cannot specify a report end date. 
8. For each row where you are performing an adjustment, do the following:
   - In the Report Start Date and the Report End Date boxes, specify the beginning and ending date for the adjustment. 
   - In the Manual NAV Override Adjustment box, specify the adjustment amount.
9. Click Submit.

List Adjusted NAV Overrides and Adjustments

In the List Adjusted NAV Expense Override panel, you can view manual adjustments to an underlying NAV component for a variable expense, or you can view manual overrides o the underlying NAV component amount with a user defined NAV amount.

To list adjusted NAV expense overrides and adjustments:

1. In Accounting Center, in the left navigation pane, click Transactions > Expenses > Expense Adjustments > List Adjusted NAV Expense Override.
   You see the List Adjusted NAV Expense Override panel.
2. In the Entity ID or Entity Name field lookups, specify identifier or name. of the entity with an adjusted NAV expense you want to override or adjust.
   Otherwise, leave these fields blank to view overrides and adjustments for all entities.
3. In the Manual NAV Component list, select Manual NAV Override or Manual NAV Adjustment to view only overrides or adjustments. 
   Otherwise, leave the field blank to view both overrides and adjustments. 
4. In the  Share Class and Expense Account Name fields, you can specify the share class, and/or expense account name for the adjusted NAV expenses you want to view. 
   Otherwise leave those fields blanks to review all results for those criteria.
5. In the Effective Start Date and Effective End Date fields, specify a effetive beginning and/or ending date for the overrides and adjustments you want to view. 
   Or leave the fields blank.
6. Click Submit.
   You see a row for each adjusted NAV expense override or adjustment that met your criteria in the Show All tab.