Create Retail Management Fee Panel Options

In the Create Retail Management Fee panel, you can add a retail management fee. The following are the options in the Create Retail Management Fee panel.

Option	Tag	Description

Option	Tag	Description
Fund Information
Entity ID	1163	Specifies the entity identifier.
Entity Name	1164	Specifies the entity name.
Accounting Basis	21	Specifies the accounting basis. This option allows you to set up a retail management fee on a secondary accounting basis or designate it to a specific class within a fund.
Share Class	34	Specifies a valid share class. A share class is a designation, usually alphabetic, given to a fund's shares. For example, if you designate the share class as TF, the system accrues the expense against the entire or total fund. You can designate a specific share class if a total fund expense is not required.
Expense Information
Replication Switch	4971	Displays the expense replication option that was selected on the primary accounting basis. This field is hidden.
Expense Account Name	3252	Specifies a valid expense account.
Secondary Basis Expense Account Name	4997	Specifies the replication expense account if it is different than the primary account. This field only appears when you select Replicate Expense Accruals and Settlements Diff Rec/Pay and Replicate Expense Settlements Diff Rec/Pay.
Accrual Beginning Date	35	Specifies the accrual begin date.
Avg Net Asset Calc Start Date	991	Specifies if the system can use NAVs from dates earlier than the Accrual Beginning Date field value when calculating variable expenses that use average net assets. Options include: Based on Accrual Beginning Date. The system includes NAVs based on the Accrual Beginning Date field when calculating an average. For example, if the accrual begins on January 1, 2014, the system starts with the NAV from December 31, 2013. Based on Calculation Frequency Period. The system includes those NAVs in the NAV table that fall within the Avg Net Asset Freq field period when calculating an average, even when those NAVs have dates earlier than that specified in the Accrual Beginning Date field.
Tier ID	3255	Specifies the name of the variable expense tier rule associated with the retail management fee. Because you generically define expense tiers and do not attach them to a specific entity, multiple entities or multiple expense accounts within an entity can use them.
Group Fee Rate Id	11870	Specifies the name of the variable group fee rate associated with the retail management fee.
Fee Currency	85	Specifies the local currency in which the asset is denominated.
Calendar/Business Days	824	Indicates whether business or calendar days are used. This field is populated by information stored at the entity level.
Other Information
Accrual Tolerance Amount	12040	Specifies the acceptable difference, which is measured as a percentage, between the current accrual value and the prior accrual value when you updated an accrual. NOTE: Define an accrual tolerance percent or an accrual tolerance amount. Do not define both.
Accrual Tolerance Percent	12039	Specifies the acceptable difference, which is measured as a dollar amount, between the current accrual value and the prior accrual value when you update an accrual. NOTE: Define an accrual tolerance percent or an accrual tolerance amount. Do not define both.
Payment Tolerance Amount	12043	Specifies the acceptable monetary difference between the current amount and the prior amount. NOTE: Define a payment tolerance amount or a payment tolerance percent. Do not define both.
Payment Tolerance Percent	12042	Specifies the amount the payment can differ from the accrued balance as a percentage of total net assets. NOTE: Define a payment tolerance amount or a payment tolerance percent. Do not define both.
Trueup Spreading Method	12044	Indicates the calculation frequency. Options include: 1 Day Days in Month Days in Fiscal Quarter Days in Calendar Quarter Days in Fiscal Semi Days in Calendar year 12 Months User Defined
Trueup Spreading Days	12053	Specifies the number of days used in the trueup calculation if you use a User Defined trueup spreading method. This field appears if you set the Trueup Spreading Method option to User Defined.