Set Up Entities for TBAs

Owned by Nancy Cohn (Deactivated)
Last updated: Jan 12, 2024
1 min read

Before you process To Be Announced (TBA) trades in Eagle Accounting, you can set up entities or master funds for TBAs. 

In the Create/Edit Entity panel or the Create Master Fund panel, you can specify a value for the TBA Cashflow (tag 9406) field. This field specifies whether a TBA (to be announced) security functions as a buy or sell or nets the difference. Options include:

  • No. Default. Do not create cash flows for the open of the TBA tax lot, but create the net cash flow at the close of the position.

  • Yes. Create cash flows for the open of the TBA tax lot.

In the Book Trade tool, the Open TBA panel includes a field named Create TBA Cashflow (tag 9406). The value you specify at the entity level determines the default value for the trade panel, but you can override it at the trade level.Â