Create Security Level Expense Panel Options

Fund Information

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 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 accrues the expense against the entire or total fund. You can designate a specific share class if a total fund expense is not required.

Expense Information

Replication Switch

4971

Allows you to replicate expenses on an expense by expense basis and determines the receivable/payable accounts in which to post the accruals and settlements. This field is hidden. Options include:

• Replicate Expense Accruals and Settlements. Replicates the accruals and settlements across both the primary and secondary accounting bases.
• Replicate Expense Accruals and Settlements Diff Rec/Pay. Replicates the accruals and settlements, but posts them to a different receivable/payable account for each accounting basis.
• Replicate Expense Settlements Only. Creates a one-time accrual record at the time of settlement, and posts it to the same receivable/payable account as the accrual basis.
• Replicate Expense Settlements Diff Rec/Pay. Creates a one-time accrual record at the time of settlement, but posts it to a different receivable/payable account than the accrual basis.

Expense Account Name

3252

Specifies a valid expense account.

Secondary Basis Expense Account Name

4997

Specifies the replication expense account if it is different than the primary account. This field only appears when you select Replicate Expense Accruals and Settlements Diff Rec/Pay and Replicate Expense Settlements Diff Rec/Pay.

Accrual Beginning Date

35

Specifies the accrual begin date. 

Tier ID

3255

Specifies the name of the expense tier rule that the security level expense uses. A variable expense tier rule has a Tier Type of Expense. 

Fee Currency

85

Displays the local currency in which the asset is denominated.

Calendar/Business Days

824

Displays whether business or calendar days are used. This field is populated by information stored at the entity level.