Transfer Average Net Assets Data Manually

In the Transfer Average Net Assets Data - Batch panel in the Global Process workspace, you can manually populate the table that stores average net assets data for a specific date or date range. The system populates this table automatically during the daily Audit Close process.

If you use performance fees based on average net assets, the performance fee accruals need an underlying NAV component of average net assets up to a five year period. You can use this global process to calculate the average net asset amount at the end of the day in order to have the underlying NAV component available to calculate performance fees at the beginning of the next accounting date.

To transfer average net assets manually: 

1. In Accounting Center, in the left navigation pane, click Processing and Exceptions > Global Processes.
   You see the Global Process workspace.

2. In the left navigation, click Average Net Assets Data Transfer and Transfer Average Net Assets Data - Batch.
   You see the Transfer Average Net Assets Data - Batch panel.

3. Complete the options on the Transfer Average Net Assets Data - Batch panel.
   You must enter date criteria and the NAV status. The remaining criteria are optional.

4. Click Submit.
   The Loopbacks pane appears at the bottom of the panel, where you can review the global processing results.

Transfer Average Net Assets Data - Batch Panel Options

The following are the options in the Transfer Average Net Assets Data - Batch panel.