Intraday Valuation Comparison Report

Owned by Nancy Cohn (Deactivated)
Last updated: Oct 13, 2023
3 min read

The Intraday Valuation Comparison report utilizes the existing 2A – 7 process and allows you to review the amortized cost, actual valuation, and actual market value of each security held in a fund when you use intraday NAV processing. You can use this report to ensure securities are valued correctly. For more information, see https://eagledocs.atlassian.net/wiki/pages/resumedraft.action?draftId=1710456874.

Prior to submitting the Intraday Valuation Comparison report (or the 2A – 7 Pricing report), you must use the 2A-7 preprocess to load prices to the work tables used for the report.

Use the 2A – 7 Preprocess

Prior to submitting the Intraday Valuation Comparison report (or the 2A – 7 Pricing report), you must store prices to the work tables used to create the report. If you are using the 2A – 7 preprocess to load prices to the work tables used for the report for funds that use intraday NAV processing, you must run the 2A – 7 preprocess for each NAV sequence.

To store prices to the work tables used by the Intraday Valuation Comparison report:

  1. In Accounting Center, in the left navigation pane, click Accounting Reports > Compliance Reports > 2A – 7 > 2A – 7 Preprocess. 
    You see the 2A – 7 Preprocess panel.

  2. Enter the Entity ID or Entity Name value for the portfolio, sector portfolio, composite portfolio, or Master Fund you want to process.
    In the Nav Processing Rule field, you see the intraday NAV processing rule for the selected entity.

  3. In the NAV Sequence Name field, select the name of the NAV sequence to process.
    For example, NAV1, NAV2. The Nav ID field displays the numeric sequence associated with the Nav Sequence Name you selected.

  4. Enter the Effective Date value for the prices to store. 
    The default is today's date.

  5. Click Submit.
    You see the Executing Submit dialog box. When the event completes, you see the Event Close Activity result and the prices are stored to the 2A-7 report work tables for the entity and effective date selected.

Create the Intraday Valuation Comparison Report

After the prices have been stored to the work tables, you can create the Intraday Valuation Comparison report.

To create the Intraday Valuation Comparison report:

  1. In Accounting Center, in the left navigation pane, click Reports > Fund Accounting >Intraday Valuation > Intraday Valuation Comparison Report. 
    You see the Intraday Valuation Comparison Report panel.

  2. Complete the option on the Intraday Valuation Comparison Report panel.

  3. Under Result Options, click Grid or Advanced Report for the report view you want.

  4. Click Submit.
    The report results appear on your desktop for the view selected.

Intraday Valuation Comparison Report Panel

A definition of the options on the Intraday Valuation Comparison Report panel follows.

Option

Description

Option

Description

Intraday 2A 7 Pricing Report

 

Entity ID

Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.

Entity Name

Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by name of the entity.

Nav Processing Rule

Displays the entity’s intraday NAV processing rule.

Nav Sequence Name

Allows you to restrict the report results to a NAV sequence. Identifies the intraday NAV unique sequence name for the NAV period associated with the entity’s intraday NAV processing rule. For example, NAV1, NAV2, NAV3, NAV4.

Nav ID

Displays the numeric identifier associated with the selected intraday NAV sequence. Options include 1 to 5.

Valuation Date

Specifies the valuation date for your report results.

Report Type

Specifies the type of date for controlling your report results. Options include:

  • Accounting Date (Default)

Select View

Allows you to select the entity view for your report results. Options include:

  • Total Fund (Default)

  • Sector

Select Sector

Allows you to filter by sector. Options include All (default) and Individual. To use this option, you must select Sector as your selected view.

Sector ID

Allows you to filter by sector identifier. To use this option you must select Individual as your sector selection filter.

2A 7 Pricing Source

Allows you to filter by 2A – 7 pricing source.

Selection Criteria

 

Advanced Report Options

Allows you to show/hide advanced report, group, sort, and format options. The default is No.

Detail Tab Selection

Allows you to select the views for your report results. Options include:

  • Summary (Default is Yes)

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