In the Manage Period Close Rule panel, you can view the various message types/event types included or excluded from period close rule processing based on the requirements of your business. You can change the include/exclude status for one or more message type/event type combinations.

Results - Manage Period Close Rule Show All Tab Options

The following are the columns you can view for results in the Show All tab when you list or change period close rules.

Option	Tag	Description
Select All		If you are changing period close rules, you can select this unlabeled check box in the header row to select all rows in the Show All tab for changing. Otherwise, you can select one or more check boxes to the left of each row to select that row or rows for changing. If you are listing period close rules, this column is not available.
Message Type	5523	Specifies the transaction message type to which the period close rule applies. Values include MTADJUST, MTOPEN, MTCLOSE, and MTLINK.
Event Type	5524	Specifies the event type associated with the transaction message type for an event to which the period close rule applies. An event type specifies the business intent of the transaction.
Include Exclude Ind	1883	Indicates whether the system can apply an accounting date based on Trade Date + 1 Business Day (T + 1) for the corresponding Message Type/Event Type processing activity for eligible entities. The system applies T + 1 accounting dates to transactions only for entities that specify an accounting period rule of Trade Date + 1 Business Day and have a Message Type/Event Type included, or set to Yes . Options include: Yes. Assign an accounting date based on T + 1 when processing activity for this Message Type/Event Type for eligible entities. No. Do not assign an accounting date based on T + 1 when processing activity for this Message Type/Event Type for eligible entities. Instead, assign an accounting date based on effective date (Trade Date).

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Period Close Rule Message Type/Event Types

The following table describes the Message Type/Event Type combinations you can view when you use the Manage Period Close Rules panel to list or change one or more period close rules. You can include or exclude these processing activities from period close rule processing.

Message Type (target msg type)	Event Type (target mgs sub type)	Description
MTADJUST	DECRBASIS	Decreases the current cost of a lot.
MTADJUST	DECRFEE	Decreases specific types of book value fees, which also adjusts book cost. Applies to cost positions in entities where the Book Value Breakdown Flag is equal to Yes.
MTADJUST	DECROPEN	Decreases the current cost of a lot.
MTADJUST	EMAADJUST	If you use the Equity Method of Accounting (EMA), this event is used for income adjustment, cost adjustment, distribution, and EMA/COST activation. The Reason Code identifies the purpose of the transaction. Open lots on the position are adjusted on a pro-rata basis, along with a new Open lot adjustment.
MTADJUST	INCBASIS	Increases the current cost of a lot.
MTADJUST	INCRFEE	Increases specific types of book value fees, which also adjusts book cost. Applies to cost positions in entities where the Book Value Breakdown Flag is equal to Yes.
MTADJUST	INCROPEN	Increases the current cost of a lot.
MTADJUST	LPCALL	A limited partnership event that targets an LPOPEN and adjusts the cost. Used for private equity.
MTADJUST	LPCAP	A limited partnership event that targets an LPOPEN and adjusts the cost for income, expenses, and gains and losses. Used for private equity.
MTADJUST	NONCREDIT_ADJ	Adjusts the noncredit loss associated with impairments by lot.
MTADJUST	WRITEDOWN	Decreases the current cost of a lot, and posts to the ledger and offsets the cost adjustment to either gain/loss or amortization. If the entity uses the average cost method, the adjustment is done at the position level instead of at the lot level for ID cost entities.
MTCLOSE	BUYCVR	Closes a short position. Can be used to close equities, options, caps, floors, rights, warrants, and all debt.
MTCLOSE	BUYVARMAR	Closes a short position. This event is used to close options on futures with variation margin.
MTCLOSE	CALLASNST	Closes a short call option position at cost and closes the underlying long if the settlement method is PHYSICAL or opens the underlying short if the settlement method is PHYSHORT.
MTCLOSE	CALLEXRST	Closes a long call option position at cost and opens the underlying long if the settlement method is PHYSICAL or closes the underlying short if the settlement method is PHYSHORT.
MTCLOSE	CLOSEFUTURE	Closes a long or short position and creates a cash record only if there are fees and the fees are expensed. This event is used to close futures without variation margin.
MTCLOSE	CLOSESWAP	Closes interest rate, total rate or return, currency, and inflation linked swap contracts. Also closes lock securities. The contract is always closed long, the legs are closed long and short.
MTCLOSE	COLLCLS	(No longer in use). Process of a close of repo collateral.
MTCLOSE	CURRENCY_EXER_ASN	Used to physically exercise or assign a currency option only. It closes a long currency option and opens a spot contract for the currencies involved by creating a cash disbursement for the currency sold and a cash receipt for the currency purchased.
MTCLOSE	DEL	Used to close lots/positions down at cost.
MTCLOSE	EMACLOSE	Closes equity positions with a processing security type of Joint Venture/Limited Liability/Partnership (JVLCLP) or Common Stock (EQCSCS) when you use the Equity Method of Accounting (EMA).
MTCLOSE	FNDSPLTMRG	Transfers either a full position, partial position, or lot from one entity to another.
MTCLOSE	PUTASNST	Closes a short put option position at cost and opens the underlying long if the settlement method is PHYSICAL or closes the underlying short if the settlement method is PHYSHORT.
MTCLOSE	PUTEXRST	Closes a long put option position at cost and closes the underlying long if the settlement method is PHYSICAL or opens the underlying short if the settlement method is PHYSHORT.
MTCLOSE	ROLLOVER	Rolls over lots created with a DEPOSIT event into a new security with new terms.
MTCLOSE	SELL	Closes a long position. Can be used to close equities, options, caps, floors, rights, warrants, and all debt.
MTCLOSE	SELLFUT	Closes a long position. This event is used to close futures with variation margin.
MTCLOSE	SELLVARMAR	Closes a long position. This event is used to close options on futures with variation margin.
MTCLOSE	TBACLOSE	Used to close TBA lots/positions as a result of an allocation, pair-off, turn-around, and so on. A cash record is created if the entity election, Create TBA Cashflow flag, is Y. If it is N, a cash record is created for the net cash movement at the time of the close.
MTLINK	JNLCVR	Nets a long and short position to one net long or short position. The MTLINK event creates an MTCLOSE JNLCVR LONG loopback which then spawns an MTCLOSE JNLCVR SHORT event.
MTLINK	SPOT	Used to create a currency contract which usually settles in just a few days from trade date. No cost is recorded. The MTLINK event generates two MTCASH SPOT events, one being a disbursement for the currency sold and the other a receipt for the currency purchased.
MTLINK	TRADEFWD	Used to create a currency contract which usually settles on some future date. No cash record is created at the time of the trade but rather when either the contract is closed or when it matures. The MTLINK event generates either an MTCLOSE TRADEFWD LONG or MTOPEN TRADEFWD SHORT event for the non-settle leg first depending on the close eligible flag (tag 3924) and whether or not the currency being sold is the non-settle leg. If tag 3924 is N and the currency being sold is the non-settle leg, an MTOPEN TRADEFWD SHORT event is created. The non-settle event then generates the settle leg loopback event.
MTOPEN	BUY	Opens a long position. Can be used to open equities, options, caps, floors, rights, warrants, and all debt.
MTOPEN	BUYFUT	Opens a long position. A cash record is created at the time of a close or when margin is approved. This event is used to open futures with variation margin.
MTOPEN	BUYVARMAR	Opens a long position. A cash record is created at the time of a close or when margin is approved. This event is used to open options on futures with variation margin.
MTOPEN	CALLASNST	Closes a long call option position that is technically short and closes the underlying long. The settlement method must be PHYSICAL, the underlying must be a held security with sufficient quantity.
MTOPEN	CALLEXERFT	Created by MTCLOSE/CALLEXRST. This event is spawned by the business rules for the physical exercise of a futures call option only if the underlying investment type is FT. There is no panel supporting this event. It creates a long open.
MTOPEN	CDSOPEN	Opens a long position. It is used to open credit default swap contracts.
MTOPEN	CPB	Lots with unknown cost basis are opened with the MTOPEN REC event. The CPB event closes the unknown lot either fully or partially and opens a lot with the cost basis provided on the event. Normally used for brokerage.
MTOPEN	DEPOSIT	Opens a long position. Generally used for short term interest at maturity securities. A bank certificate of deposit is a time deposit product.
MTOPEN	EMAOPEN	Opens equity positions with a processing security type of Joint Venture/Limited Liability/Partnership (JVLCLP) and Common Stock (EQCSCS) when you use the Equity Method of Accounting (EMA).
MTOPEN	FNDSPLTMRG	The MTOPEN/FNDSPLTMRG event is spawned from the MTCLOSE/FNDSPLTMRG event. These events transfer either a full position, partial position, or lot from one entity to another.
MTOPEN	LPOPEN	Opens a long limited partnership position. Used for private equity.
MTOPEN	OPENFUTURE	Opens a long or short position and creates a cash record only if there are fees and the fees are expensed. This event is used to book futures without variation margin.
MTOPEN	OPENSWAP	Opens interest rate, total rate or return, currency, and inflation linked swap contracts. Also opens lock securities. The contract is always opened long, the legs are opened long and short.
MTOPEN	PUTASNST	Closes a long put option position that is technically short and opens the underlying long. The settlement method must be PHYSICAL.
MTOPEN	REC	Opens a long or short position. REC events can be opened with an unknown cost basis that can be adjusted later with the CPB event. This event is very similar to the CONVERSION event.
MTOPEN	SELLFUT	Opens a short position. A cash record is created at the time of a close or when margin is approved. This event is used to open futures with variation margin.
MTOPEN	SELLVARMAR	Opens a short position. A cash record is created at the time of a close or when margin is approved. This event is used to open options on futures with variation margin.
MTOPEN	SHORTSELL	Opens a short position. Can be used to open equities, rights, warrants, and all debt.
MTOPEN	TBAOPEN	Opens a long or short to be announced (TBA) position. A cash record is created if the entity election, Create TBA Cashflow flag, is Y. If it is N, a cash record is created for the net cash movement at the time of the close.
MTOPEN	WRITE	Opens a short position. Can be used to open options, caps, and floors.

Manage Period Close Rule Panel Options

Results - Manage Period Close Rule Show All Tab Options

Period Close Rule Message Type/Event Types