Understand Periodic Distributions

You can use periodic distributions to post income distributions and long term (LT) or short term (ST) capital gain distributions. The fund can calculate the distribution rate for periodic distributions using either outstanding shares or settled shares. You can specify at the entity level whether to use the outstanding or settled share balance when the system calculates Income, LT Capital Gains, or ST Capital Gains type distributions. 

About Taxable and Tax-Exempt Distributions

You can post tax exempt and/or taxable fund dividends by posting them to separate general ledger accounts. When you define a periodic distribution, you can specify the general ledger account to which the Income distribution amount posts. You can choose a general ledger account for an income distribution, taxable income distribution, or tax-exempt income distribution. 

About Special Distributions

You can use periodic distributions to post special periodic distributions. Special distributions are taxable income distributions that occur in addition to a regular taxable distribution or tax-exempt income distribution. 

About Distribution Schedules

You can use distribution schedules with periodic distributions to set up a schedule for when the periodic distribution reaches its ex-date. The EPDET edit test, named Edit Periodic Distribution Ex-Date Test, can alert you if the periodic distribution reaches its ex-date but does not post. The edit test uses the distribution schedule to determine when the distribution is scheduled for posting.