Close a Performance Fee Expense

In the Close Performance Fee Expense panel, you can close or stop the expense accrual for a performance fee expense.

To close a performance fee expense:

1. In Accounting Center, in the left navigation pane, click Setup > Expense > Performance Fees > Close Performance Fee Expense.
   You see the Close Performance Fee Expense panel.
2. Specify the criteria to select the performance fee expense that you want to close.
   For example, you can identify the entity/accounting basis and expense account name for the expense you want to close. 
3. In the Accrual Ending Date box, specify the ending date that accruals occur. 
4. In the Effective Date box, specify the date this change becomes effective.
5. Click Submit.