URGL Rule Panel Options

Owned by Tom Fahey (Unlicensed)
Last updated: Oct 25, 2016 by Former user (Deleted)
2 min read

In the URGL Rule panel, when you manage URGL rules comprised of ledger posting elections, you can select various options based on the requirements of your business. See the Manage URGL Rules section for more information.

The following are the options in the URGL Rule panel:

  • Rule Name (tag 3197). Specifies the name of the URGL accounting rule. You use the Add Accounting Rules panel to add the rule name and assign a URGL rule type.
  • Processing Security Type (tag 3931). Displays a list of valid processing security types.
  • URGL Security Grouping (tag 917). Specifies a group of securities, such as derivatives, that share the same characteristics. You can associate securities with a URGL security grouping by creating a security processing rule that has a URGL Security Grouping field (tag 917) value specified.
  • Monetary / Non Monetary Flag (tag 863). Specifies whether the security is a monetary investment. Options include Monetary, Non Monetary, and None.
  • Asset ID Type (tag 1432). Specifies the cross reference or primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL.
  • Asset ID (tag 14). Specifies the identification number of the cross reference or primary asset ID for the security.
  • Issue Name (tag 961). Specifies the name of the security
  • Rule Begin Date (tag 220). Specifies the beginning of period date. You can set up rules for specific time periods. A beginning date is required, and a rule can be set up with an expiration date by adding a date in the Rule End Date field. An end date is not required.
  • Rule End Date (tag 221). Specifies the ending of period date. An end date is not required.
  • FX Offset Election (tag 865). Determines how unrealized FX currency gains/losses are processed when running the valuation process for an entity with securities in which the local currency is not equal to the base currency.
    Options include:
    –  Income. Unrealized FX currency gains/losses are posted to an Income account.
    –  Capital. Unrealized FX currency gains/losses are posted to a Capital account.
    –  Do Not Process. No unrealized FX currency gains/losses are processed.
  • Market Offset Election (tag 866). Determines how the system processes unrealized market gains/losses when running the valuation process for an entity.
    Options include:
    –  Income. Unrealized market gains/losses are posted to an Income account.
    –  Capital. Unrealized market gains/losses are posted to a Capital account.
    –  Do Not Process. No unrealized market gains/losses are processed.