In the Add Voluntary Corporate Action panel, you can identify the entities that elect to participate in a voluntary corporate action and provide details about their participation. Before you set up entity election details for a voluntary corporate action, you must add the corporate action announcement, setting the Mandatory/Voluntary Indicator field in the announcement panel to Voluntary. You can add voluntary corporate action elections for announcements that have a Released or a Pending corporate action status. However, Eagle Accounting does not process corporation actions until they have a Released status. Eagle Accounting allows you to create one voluntary corporate action election per entity per corporate action announcement.

To add a voluntary corporate action election:

In the Reference Desk workspace, in the left navigation pane, click Corporate Actions and then click Voluntary Elections>Add Voluntary Corporate Action Election.
You see the Add Voluntary Corporate Action Announcement screen.
In the Query Voluntary Corporate Action Announcement section of the Entry panel, enter criteria to select the released corporate action announcements for which you want to add voluntary entity elections.
Specify a date range for corporate actions to include in the Voluntary Corporate Action Begin Date and Voluntary Corporate Action End Date fields. All other criteria are optional.
Click Submit.
You see the results of your query in the Show All tab.
Select the row for the voluntary corporate election you want to add and then click the Add Entity Election Detail button on the toolbar.
You see the Action Entry Panel-Add Entity Election Detail which displays information for the selected corporate action, and allows you to provide details about the entity election.
In the Add Voluntary Entity election section, identify the Entity ID and Entity Name.
In the Entity Election Details section, select the Entity Election Status: Pending or Released.
Complete the remaining options on the Action Entry Panel - Add Entity Election Detail tab.
The options you see vary based on the type of corporate action you select. You must specify the Elected Shares, Elected Shares Percent, and Entity Election Status values. You provide additional details, as appropriate.
If multiple entities elect to participate in the voluntary corporate action, and you want to add multiple entity election details, use the pane at the bottom of the Add Entity Election Detail tab as follows:
- Right-click and select Add Rows.
- Enter the number of rows you want to add in the Enter Rows Count dialog box and click OK. You must add a row for each entity election to associate with the voluntary corporate action.
- Complete the options on each row with the entity election details to add.
Click Submit.

Add Voluntary Corporate Action Election Panel Options

In the Add Voluntary Corporate Action Election panel, when you add an entity election details to a voluntary corporate action, you can select various options. Note that options vary according to the type of corporate action you select.

Option	Tag	Description

Option	Tag	Description
Query Flag	990	Allows you to select corporate actions based on a specific type of date. Options include:: Effective Date. Selects corporate actions by effective date. This date becomes the trade date of the corporate action. Ex Date. Selects corporate actions by ex date. The ex date is the entitlement date of the corporate action. Pay Date. Selects corporate actions by pay date. The pay date is the date when the issuing company makes payment on the corporate action. The pay date becomes the settlement date of the corporate action Sweep Date. Selects corporate actions by sweep date. The sweep date is the date that Global Process Center uses to extract a corporate action for processing at the global level and apply it to eligible entities/holdings
Client Specific CA ID	1695	Specifies the client specific identifier for the corporate action.
Source Name	1102	Specifies the source name for the corporate action. The default value is Eagle PACE.
Asset ID Type	1432	Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL. This field appears if you select a query option for one security.
Asset ID	14	Specifies the identification number of the primary asset ID type for the security. This field appears if you select a query option for one security.
Issue Name	961	Specifies the name of the security. This field appears if you select a query option for one security.
To Asset ID Type	1103	Specifies the primary asset identifier type for the To security, such as CUSIP, ISIN, and SEDOL. For a conversion, this is the underlying security to which the convertible bond converts.
To Asset ID	1348	Specifies the primary asset identifier of the to security.
To Issue Name	1141	Specifies the name of the security.
Voluntary Corporate Action Begin Date	71	Specifies the start date for corporate actions to include in the query results. You can enter the same date as the start and end date.
Voluntary Corporate Action End Date	73	Specifies the end date for corporate actions to include in the query results.
Voluntary Corporate Action Status	54	Indicates if the corporate action is correct and ready for processing. Options include: Released. The record is complete and is ready for processing. Pending. The record is fully populated and is awaiting release status.
Corporate Action Type	1728	Identifies the business name for the corporate action.
Corporate Action Event Type	1257	Specifies the type of corporate action event.

Add Entity Elections Options

The following are the Add Voluntary Entity Election options in the Action Entry Panel – Add Entity Election Detail tab of the Add Voluntary Corporate Action Election panel.

Field	Tag	Description

Field	Tag	Description
Add Voluntary Entity Election
Entity ID	1163	Specifies the unique identifier of the entity participating in the voluntary corporate action
Entity Name	1164	Specifies the name of the entity participating in the voluntary corporate action.
Long/short Indicator	15	Displays a value of LONG or SHORT for the swap contract and each leg. When the Long/Short Indicator field (tag 2284) in the upper pane has a value of Long, the Long/Short Indicator (tag 15) in the lower pane identifies the swap contract as Long, the pay leg as Short, and the receive leg as Long. If you set the Long/Short Indicator field (tag 2284) in the upper pane to Short, the Long/Short Indicator (tag 15) in the lower pane identifies the swap contract as Short, the pay leg as Long, and the receive leg as Short.
Voluntary Restriction Processing	16658	Displays whether the selected entity automatically processes restrictions/pledges on voluntary corporate actions. When you add a voluntary corporate action election for an entity with the Voluntary Restriction Processing option set to Yes, Eagle Accounting uses the pledging to restrict the shares elected on the voluntary election. Options include: Yes. When you add a voluntary corporate action election, Eagle Accounting uses the pledging process to restrict the shares elected on the voluntary election. It does so whether the corporate action announcement has a status of Pending or Released. No. When you add a voluntary corporate action election, Eagle Accounting does not use the pledging process to restrict the shares elected on the voluntary election. For more information on Voluntary Restriction Processing, see Restrict Shares When Booking Voluntary Corporate Actions
Voluntary Corporate Action Detail
Asset ID Type	1432	Displays the primary asset identifier type for the security associated with the corporate action, such as CUSIP, ISIN, and SEDOL.
Asset ID	14	Displays the identification number of the primary asset ID type for the security associated with the corporate action.
Corporate Action Type	1728	Displays the business name of the selected corporate action.
Entity Election Details
Position Quantity	122	Displays the current quantity of the position.
Sweep Date	1197	Specifies the date that the global processes use to extract the corporate action for processing at the global level and apply it to eligible entities/holdings.
Ex Date	65	Displays the ex-date of the corporate action.
Expiry Date Processing	12877	Indicates whether the selected voluntary corporate action election allows processing based on expiration date. This field value initially indicates whether the selected entity allows you to process voluntary corporate actions based on expiration date. You can retain that value or you can override the entity's value at the voluntary corporate action election level. When you set up an entity as eligible or ineligible for expiry date processing, you have the option for some voluntary elections for the entity to use expiry date processing and other voluntary elections for the entity to use ex-date processing instead. Options include: Yes. The voluntary corporate action election uses expiry date processing. The system processes the selected voluntary corporate action based on expiration date + 1 for corporate actions in a Released status. No. Default. The voluntary corporate action election does not use expiry date processing. The system does not process the selected voluntary corporate actions based on expiration date. By default, Eagle Accounting uses the ex date/sweep date. For more information on Expiry Date Processing , see Process Voluntary Corporate Actions based on Expiry Date
Expiry Date	12876	Displays the expiration date of voluntary corporate actions associated with the selected announcement. This field appears if the Expiry date processing field has a value of Yes. For entities that use expiry date processing, the system can process voluntary corporate actions based on expiration date +1.
Trade Date	1109	Specifies the trade date of the corporate action. By default you see the trade date for the corporate action announcement..
Pay Date	1275	Displays the pay date of the corporate action. The pay date is the settlement date of the corporate action.
Elected Shares	316	Specifies the number of shares participating in the voluntary corporate action for the entity. If you specify the elected shares, the system calculates the Elected Shares Percent value for you.
Elected Shares Percent	1001	Specifies the percent of shares participating in the voluntary corporate action for the entity. If you specify the elected shares percent, the system calculates the Elected Shares value for you.
Entity Election Status	54	Indicates the status of the voluntary corporate action entity election. Options include: Pending Released
Entity Election Notes	4520	Displays any notes on the entity election.
Consent Information
Eligible for Consent	8097	Indicates whether the voluntary corporate action entity election is eligible for consent payments. Options include: Yes and No.
Elected Shares for Consent	8098	Specifies the number of shares eligible for consent payments.
Effective Date on Consent	8011	Displays the effective date on consent.
Rate Of Action (Consent)	8010	Displays the effective rate of consent payment.

Reference Data V17

Add Voluntary Corporate Action Elections

Add Voluntary Corporate Action Election Panel Options

Add Entity Elections Options