Close a Variable Expense

In the Close Variable Expense panel, you can close a variable expense.

To close a variable expense:

In Accounting Center, in the left navigation pane, click Setup > Expense > Variable Expense > Close Variable Expense.
You see the Close Variable Expense panel.
Complete the options in the Close Variable Expense panel.
Click Submit.

Close Variable Expense Panel Options

The following are the options in the Close Variable Expense panel.

Option	Tag	Description

Option	Tag	Description
Fund Information
Entity ID	1163	Specifies the entity identifier
Entity Name	1164	Specifies entity name.
Accounting Basis	21	Specifies the accounting basis for the selected entity.
Share Class	34	Specifies a valid share class.
Expense Information
Expense Account Name	3252	Specifies a valid expense account.
Replication Switch	4971	Displays the expense replication option selected on the primary accounting basis.
Accrual Ending Date	221	Specifies the accrual end date.
Earned Thru Date	461	Specifies the earned thru date.
NAV Component	3256	Specifies the NAV component.
Tier ID	3255	Specifies the tier expense.
Rate Value	3201	Displays the percentage rate used for a tax expense based expense, in decimal format. This field appears if you close a variable expense with the Tax Expense field set to Yes.
Fee Currency	85	Specifies the local currency in which the asset is denominated.
Minimum Fee Amount	3254	Displays the minimum amount for a fee.
Minimum Fee Frequency	3253	Displays the frequency of the minimum fee amount.
Maximum Fee	11451	Displays the maximum amount for a fee.
Max Fee Frequency	11578	Displays the frequency of the maximum fee amount.