In the Add Entity to Group Expense panel, you can add a participant entity/accounting basis to an existing group expense or can change expense information for a participant entity that is part of a group expense. The following are the options in the Add Entity to Group Expense panel.
Option | Tag | Description |
|---|---|---|
Fund Information | ||
Select Type of Group Expense Change | 7102 | Indicates whether you adding or updating participant entity level expense details for an existing expense group. Options include:
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Entity ID | 1163 | Specifies the entity identifier for a participant entity that belongs to an expense group. |
Entity Name | 1164 | Specifies the entity name for a participant entity that belongs to an expense group. |
Entity Type | 1105 | Displays the type of participant entity you are adding or updating for the expense group. For example, PORT. |
Accounting Basis | 21 | Specifies the accounting basis for the expense group's participant entity. |
Share Class | 34 | Displays the share class of the participant entity, a value of TF. |
Process Center | 4896 | Specifies the process center of the participant entity. Each entity participating in the group expense has the same process center as the expense group entity. |
Base Currency | 86 | Displays the base currency of the participant entity. Each entity participating in the group expense has the same base currency as the expense group entity, and expenses accrue in that currency. |
Expense Information | ||
Expense Type | 2289 | Indicates whether you are adding or changing participant entity level expense details based on a fixed or variable expense. Additional fields appear based on the value you select. Options include:
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Group Expense ID | 1149 | Specifies the entity identifier for the expense group. An expense group is a "shell" entity used in group level expense processing that has an entity type of EXPG. This field appears when you add a new participant entity to a group expense. |
Group Expense Name | 9744 | Specifies the entity name for the expense group. This field appears when you add a new participant entity to a group expense. |
Primary Expense Account Name | 2301 | Specifies the account for the group expense that you are applying to the participant entity. For a fixed group expense, specifies the receivable/account in which to post the accruals for the group level expense. For a variable group expense, specifies a valid expense account for the group level expense. This field appears when you add a new participant entity to a group expense. |
Primary Expense Account Name | 2299 | Specifies the account for the group expense that you are updating for the participant entity. For a fixed group expense, specifies the receivable/account in which to post the accruals for the group level expense. For a variable group expense, specifies a valid expense account for the group level expense. This field appears when you change an existing participant entity in a group expense. |
Earned Thru Date | 461 | Displays the earned thru date for the group expense. |
Original Effective Date | 71 | Displays the original effective date for the group expense. |
Effective Date | 220 | Specifies the begin date for the participant entity level expense. This field appears if you are adding a participant level expense. |
Expense End Date | 221 | Specifies the end date for the participant entity level expense. You cannot change this value if you are changing a participant level expense. |
Effective Date of Change | 35 | Specifies the end date for the participant entity level expense that you are changing. This field appears if you are changing a participant level expense. |
NAV Component | 3256 | Determines the value the system uses to calculate the expense accrual for the participant entity level expense. Options include:
NEW 2 bullets |
Expense Rule Name | 11689 | Specifies the name of the adjusted NAV expense rule for the variable expense. This field appears if the expense's Share Class value is TF, and the NAV Component value is Prior Day Total Net Assets, Adjusted Net Assets, Average Net Assets, or Ledger Based NAV. For more information, see Use Adjusted NAVs to Calculate Variable Expenses. NEW |
Avg Net Asset Freq | 3261 | Specifies how the system determines the average net asset value in its accrual calculation. This field appears if you set the NAV Component field to Average Net Assets. Options include:
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TNA Use Prior Period | 3257 | Determines the value the system uses for the average net asset calculation with regards to prior year end total net assets and the current year. This field appears if you set the NAV Component field to Average Net Assets. Options include:
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Avg Net Asset Calc Start Date | 991 | Specifies if the system can use NAVs from dates earlier than the Accrual Beginning Date field value when calculating variable expenses that use average net assets. This field appears if you set the NAV Component field to Average Net Assets. Options include:
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Fee Currency | 85 | Displays the local currency in which the asset is denominated. |
Calendar/Business Days | 824 | Displays whether business or calendar days are used. This field is populated by information stored at the entity level. |
Expense Group | 2993 | Displays the entity identifier for the expense group |
Fee Amount | 3201 | Displays the amount you want to accrue for the fixed group level expense. |
Tier Id | 3255 | Displays the expense tier for the variable group expense. |
Minimum Fee Amount | 3254 | Displays the minimum fee applied if a daily accrual fails to meet the minimum for the group level variable expense. |
Minimum Fee Frequency | 3253 | Displays the frequency of the minimum amount for the group level variable expense. |
Maximum Fee | 11451 | Displays the maximum fee applied if a daily accrual exceeds the maximum for the group level variable expense. |
Max Fee Frequency | 11578 | Displays the frequency of the maximum amount for the group level variable expense. |
Minimum/Maximum Fee Type | 11870 | Indicates whether the system calculates the minimum and/or maximum fee amounts for the group expense, if specified, at the group level or at the participant entity level. Options include:
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Waiver Information | ||
Expense Limit/Cap | 4754 | Displays the percentage of a variable expense to waive during the accrual process instead of accruing the full amount and reimbursing the fund if expenses over accrue during the accrual period. |
Waiver Expiration Date | 4755 | Displays the waiver expiration date for the variable expense. |
Waiver Account | 4756 | Specifies the waiver account to use for the participant entity level variable expense. |
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