Delete Fixed Distribution

In the Delete Fixed Distribution panel, you can delete a fixed rate. When a rate is deleted, the old reference data is removed from the Distribution Rate table and replaced with information for the new rate. A distribution period is completely removed only when all of the rates in the period have been deleted. General ledger postings are backed out and the subledger is updated.

To delete a Fixed Distribution:

1. From Accounting Center window, click Setup in the left navigation.
2. Click Fund Accounting  > Fixed Distributions > Delete Fixed Distribution.
   You see the Delete Fixed Distribution panel.
3. Complete the options in the Delete Fixed Distribution panel.
4. In the Entity ID and Entity Name fields, specify the master fund entity identifier or the master fund entity name.
5. In the Share Class field, specify a valid share class.
6. In the Begin Date and End Date fields, specify the beginning and ending dates for the period with rates you are deleting.
7. In the Distribution Daily Rate field, specify the distribution rate for a fixed distribution type.
8. In the Distribution Rate for Period field, specify the distribution rate for a periodic distribution type.
9. Click Submit.
   Once all fields are submitted, the system lists all the reference data with a date greater than the date entered for the Distribution Through Date field and allows you to select the reference data for deletion.