Create Set Rate Distributions

In the Create Fixed Distribution panel, you can add a set rate distribution. The set rate distribution identifies the base set class rate to use in the set rate calculation.

To add a set rate distribution rate:

In Accounting Center, in the left navigation pane, click Setup > Fund Accounting > Periodic Distributions > Create Set Rate Distribution.
You see the Create Set Rate Distribution panel.
Complete the options on the Create Set Rate Distribution panel.
Click Submit.

Create Set Rate Distribution Panel Options

The following are the options in the Create Set Rate Distribution panel.

Option	Tag	Description

Option	Tag	Description
Add Set Distribution Rate
Entity ID	1163	Specifies the master fund entity identifier. You must select an entity for which you selected Set Rate as the Daily Distribution Method value.
Entity Name	1164	Specifies the master fund entity name. This field is automatically populated based on the Entity ID.
Accounting Basis for Expense Differentials	21	Specifies the selected entity's accounting basis to use in the expense differential calculation.
Class Code	34	Specifies a valid share class. You must select the share class identified as the entity's base class.
Begin Date	71	Specifies the beginning date for the set rate distribution period.
End Date	73	Specifies the ending date for the set rate distribution period.
Payment Date	1119	Specifies the payment date for the distribution. This date is for reference only and does not affect processing.
Taxable Indicator	1143	Determines the distribution general ledger account to which the system posts the daily distribution amount. Options include: Taxable. Indicates the distribution posts to the general ledger accounts for taxable distributions. Tax-Exempt. Indicates the distribution posts to the general ledger accounts for tax exempt distributions.
Distribution Rate for Period	746	Specifies the set rate for the distribution period.
Distribution Days in Period	748	Displays the number of distribution days in the period based on the values you input for the Begin Date and End Date.
Distribution Daily Rate	747	Displays the daily distribution rate. The system calculates this value by dividing the Distribution Rate for Period by the Distribution Days in Period values.