Edit a Distribution Adjustment Bleed

In the Edit Distribution Adjustment Bleed panel, when you use net investment income (NII) distributions, you can edit a distribution adjustment bleed by changing it or turning it on or off. You can change a bleed when you shorten or lengthen a bleed. You cannot shorten a bleed prior to an effective date associated with the current accounting date. You can also use this panel to turn on a bleed for any distribution adjustment posted on the current accounting date that you did not identify as a spike. And you can use this panel to turn off a distribution adjustment bleed posted on the current accounting date by setting the days to bleed to 0 (zero). 

To edit a distribution adjustment bleed: 

1. In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Distribution Adjustments > Edit Distribution Adjustment Bleed.
   You see the Edit Distribution Adjustment Bleed panel.

2. In the Entity Name and Entity ID fields, specify the entity name or identifier.

3. In the Share Class field, specify a valid share class for which you want to edit the bleed.
   Otherwise, leave the field blank.

4. In the Bleed Adjustment Action field, indicate whether you are changing or turning on the bleed.
   Options include:
   - Change Adjustment Bleed
   - Turn on Adjustment Bleed
   If you are turning on the adjustment bleed, the entity's Accounting Date value appears. 

5. In the Bleed ID field, you can enter a specific bleed identifier. 
   Otherwise, leave the field blank. 

6. In the Begin Date and End Date fields, specify the starting and ending accounting date for the query.
   The fields have a default value for the current date.

7. Click Submit.
   You see a list of distribution adjustment bleeds that met your criteria in the Show All tab. 

8. Select the check box for each bleed that you want to edit and click Change Distribution Adjustment Bleed.
   You see a row for each bleed you selected for edits in the Change Distribution Adjustment Bleed grid.

9. For each bleed you want to update, In the New # Days to Bleed box, specify the updated number of days to bleed. 
   The system updates the New Bleed Amount value and the New Bleed End Date value. 

10. In the Bleed Comment box, you can enter a comment about the update. 
    All other fields that describe the bleed are locked, and you cannot change them. 

11. Click Submit.