Manage Cash Flow Estimates

Owned by Kinga Huszno
Dec 04, 2024
3 min read

When you use Partial Swing Pricing, you need to load estimated cap stock cash flows into the system. Cash flows come in as the Total Fund Subscription and Redemption estimates for the day. The Total Net Balance, which is the sum of these estimates, is then compared to the predefined Swing Decision Bid and Ask thresholds. If the net balance exceeds the threshold, the Swing Factor is applied to the class level Total Net Assets (TNA) and swings up (Ask) or down (Bid) depending on whether the net balance is an inflow or outflow, respectively.

Add Cash Flow Estimates

In the Add Cash Flow Estimates panel, you can add cash flow estimates for partial swing pricing.

To add cash flow estimates:

  1. In Accounting Center, in the left navigation pane, click Fund Accounting > Cap Stock > Transactions > Add Cash Flow Estimates.
    You see the Add Cash Flow Estimates panel.

  2. Complete the options on the panel.

  3. Click Submit.

Add Cash Flow Estimates Panel Options

The following are the options in the Add Cash Flow Estimates panel where you add cash flow estimates for swing pricing.

Option

Tag

Description

Option

Tag

Description

Add Cash Flow Estimates

 

 

Effective Date

1109

Specifies the effective date on which the estimated cash flow is applied.

Entity ID

1163

Specifies the ID of the entity you want to link to cash flow estimates for swing pricing.

Entity Name

1164

Specifies the name of the entity you want to link to cash flow estimates for swing pricing.

Subscription Balance

3281

Specifies the total fund subscription cash flow balance. This should be a positive inflow value.

Redemption Balance

3282

Specifies the total fund redemption cash flow balance. This should be a negative outflow value.

Net Balance

478

Specifies the sum of the total subscription balance and redemption balance.

List Cash Flow Estimates

In the List Cash Flow Estimates panel, you can view a list of cash flow estimates.

To view a list of cash flow estimates:

  1. In Accounting Center, in the left navigation pane, click Fund Accounting > Cap Stock > Transactions > List Cash Flow Estimates.
    You see the List Cash Flow Estimates panel.

  2. Click the Query Options field, and select the query parameter to use to filter query results. Additional fields appear after you select a value.
    Options include:
    - Estimates by Date. Allows you to view estimates for the specified effective date.
    - Estimates by Entity. Allows you to view estimates for the specified entity.
    - Estimates by Entity and Date. Allows you to view estimates for the specified effective date and entity.

  3. Specify the Effective Date field value to identify the effective date of the cash flow estimate you want to view.
    This field appears if you set the Query Options field to a value of Estimates by Date and Estimates by Entity and Date.

  4. Specify the Entity ID or Entity Name field value to identify the entity associated with the cash flow estimate you want to view.
    This field appears if you set the Query Options field to a value of Estimates by Entity and Estimates by Entity and Date.

  5. Click Submit.
    You see report results in the List Cash Flow Estimates tab, along with a list of cash flow estimates that met your criteria in the Show All tab.