Manage Intraday NAV Processing Rules

Create an Intraday NAV Processing Rule

In the Create/Update Intraday NAV Processing Rule panel, you use the Add option to create a new intraday NAV processing rule for use with intraday NAV processing, and set up the NAV sequences for that rule.

After you submit the panel with the Add option to create a new intraday NAV processing rule, you can also use this panel’s Update option to add additional rule criteria for that existing intraday NAV processing rule. For example, after you add an intraday NAV processing rule and set up the NAV1 sequence with a sequence of 1, you can update that intraday NAV processing rule and set up a NAV2 sequence with a sequence of 2.

To create an intraday NAV processing rule:

1. In Accounting Center, in the left navigation pane, click Setup > Fund Accounting > Valuations > Create/Update Intraday NAV Processing Rule.
   You see the Create/Update Intraday NAV Processing Rule panel.

2. In the Add/Update NAV Processing Rule list, indicate whether you are adding or updating an intraday NAV processing rule. Options include:
   - Add. Default. Allows you to create a new intraday NAV processing rule and enter related rule criteria.
   - Update. Allows you to enter additional rule criteria for an existing intraday NAV processing rule.

3. Do one of the following:
   - If you are adding a new rule, in the Intraday NAV Processing Rule box, specify the name of the intraday NAV processing rule. 
   - If you are updating an existing intraday processing rule, select the rule identifier in the Allocation Rule ID field lookup.

4. In the Intraday NAV Sequence Name field lookup, select the intraday NAV sequence name for the NAV period associated with the intraday NAV processing rule.
   Options include:  
   - NAV1
   - NAV2
   - NAV3
   - NAV4

5. In the Intraday NAV Sequence box, specify a numeric value for the intraday NAV sequence for the NAV period associated with the intraday NAV processing rule. Options include 1 to 5.
   For example, if you have intraday NAV periods for a rule with a sequence of 1, 2, and 3, the system uses the sequence to determine the order in which you can run intraday NAV calculations.

6. In the Original Price Source field lookup, select the pricing original source for the intraday NAV sequence.

7. In the Class Allocation Rule field lookup, select the class allocation rule for the intraday NAV sequence.
   The class allocation rule identifies a ledger account range used to calculate class allocations and total net assets for each NAV sequence.

8. In the Intraday NAV Time box, you can associate a time with each NAV run.
   For example, you can add NAV1 with a time of 10 a.m. This field is a description only that shows the time that you calculate this NAV, but it does not affect processing.

9. In the Final NAV list, select a value to indicate whether the NAV sequence is the final sequence processed for the business day.
   Options include:
   - Yes. The NAV sequence is the final sequence processed for the business day.
   - No. Default. The NAV sequence is not the final sequence processed for the business day.

10. If you want to define multiple NAV sequences for the intraday processing rule, use the pane at the bottom of the panel, as follows: 
    - Click the lower pane. 
    - Right-click and select Add Rows. 
    - Enter the number of rows you want to add in the Enter Rows Count dialog box and click OK. You need to add a row for each additional sequence you want to associate with the tier rule. 
    - Complete the fields on each row you added.

11. Click Submit.

Create/Update Intraday NAV Processing Rule Panel Options

Edit an Intraday NAV Processing Rule

In the Edit Intraday NAV Processing Rule panel, you edit an existing intraday NAV processing rule for use with intraday NAV processing. You can edit one or more rule details for NAV sequences for a selected intraday NAV processing rule. You can change all rule criteria other than the rule name and the sequence number.

To edit an intraday NAV processing rule:

1. In Accounting Center, in the left navigation pane, click Setup > Fund Accounting > Valuations > Edit Intraday NAV Processing Rule.
   You see the Edit Intraday NAV Processing Rule panel.

2. In the Intraday NAV Processing Rule field lookup, specify the name of the intraday NAV processing rule that you want to edit. 

3. Click Submit.
   You see a list of intraday NAV processing rules that met your criteria in the Show All tab. Each row represents a rule/sequence combination for the selected rule.

4. Select the row of one or more intraday NAV processing rule/sequence groupings that you want to edit, and click Change Intraday NAV Processing Rule.
   You see the selected rule/sequences in the Change Intraday NAV Processing Rule panel. The pane at the bottom of the panel includes a row for each rule/sequence grouping.

5. Change the selected intraday NAV processing rule criteria. 
   You can change all values with the exception of the intraday NAV processing rule name and the intraday NAV sequence number.

6. Click Submit.

Delete an Intraday NAV Processing Rule

In the Delete Intraday NAV Processing Rule panel, you can delete an intraday NAV processing rule.

To delete an intraday NAV processing rule:

1. In Accounting Center, in the left navigation pane, click Setup > Fund Accounting > Valuations > Delete Intraday NAV Processing Rule.
   You see the Delete Intraday NAV Processing Rule panel.

2. In the Intraday NAV Processing Rule field lookup, specify the name of the intraday NAV processing rule that you want to delete. 

3. Click Submit.
   You see a list of intraday NAV processing rule details that met your criteria in the Show All tab. Each row represents a rule/NAV sequence grouping.

4. Select the check box for one or more rows of the rule details that you want to delete, and click Delete Intraday NAV Processing Rule.
   You see the selected rule details in the Delete Intraday NAV Processing Rule panel. The pane at the bottom of the panel includes a row for each selected NAV sequence in the intraday NAV processing rule.

5. Review the rule criteria that you selected for deletion.
   You cannot change any values displayed for the rule.

6. Click Submit.
   The system deletes the selected details for the intraday NAV processing rule.

List Intraday NAV Processing Rules

In the List Intraday NAV Processing Rule panel, you can view a list of intraday NAV processing rules.

To view a list of intraday NAV processing rules:

1. In Accounting Center, in the left navigation pane, click Setup > Fund Accounting > Valuations > List Intraday NAV Processing Rule.
   You see the List Intraday NAV Processing Rule panel.

2. Click the Intraday NAV Processing Rule field lookup and select the intraday NAV processing rule you want to view. Otherwise, leave the field blank to view all intraday NAV processing rules.

3. Click Submit.
   You see report results in the List Intraday NAV Processing Rules tab, along with a list of intraday NAV processing rules that met your criteria in the Show All tab.