Manage Capital Income Ledger Breakout

The Eagle STAR Capital Income Ledger Breakout enables you to choose which payable or receivable ledger accounts are designated as containing balances from a capital-based activity and which ledger accounts are designated as containing balances from an income-based activity. You can set this up by creating rules that assign the mark to market (MTM) offset and the trade date to settlement date gain/loss offset for cash settlements to either capital or income account categories. The categorization of the ledger accounts helps in processing both mark to market unrealized F/X gain/loss, and the realization of F/X gain/loss when payables and receivables are settled. For example, if the system establishes a ledger account as capital, mark to market or trade date to settlement date F/X gain/loss posts to a capital account. If the system designates a ledger account as income, mark to market or trade date to settlement date F/X gain/loss posts to an income account.

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