Reprocess NII with Late Activity

Owned by Tom Fahey (Unlicensed)
Last updated: Mar 28, 2024 by Nancy Cohn (Deactivated)
1 min read

In the Reprocess NII with Late Activity panel, you can reverse late distribution adjustments and reprocess net investment income. This includes reversing a disseminated mil rate, backing out the late distribution activity adjustments, and re-disseminating an updated mil rate.

To reprocess net investment income with late activity:

  1. In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Net Investment Income > Reprocess NII with Late Activity.
    You see the Reprocess NII with Late Activity panel.

  2. In the Entity ID and Entity Name fields, specify the master fund entity identifier or the master fund entity name.

  3. In the Portfolio Currency field, specify the base currency in which the account is valued.

  4. In the Accounting Date field, specify the accounting date.
    The entity's NII distribution rule displays in the Net Investment Income Profile field.

  5. Click Submit.