Cancel Fixed Distributions

Owned by Tom Fahey (Unlicensed)
Last updated: Mar 28, 2024 by Nancy Cohn (Deactivated)
1 min read

In the Cancel Fixed Distribution panel, you can cancel a fixed rate distribution. The system applies the same accounting date from the original transaction to the cancel transaction. If the accounting period is closed, the accounting date defaults to the next open period.

To cancel a fixed distribution:

  1. In Accounting Center, in the left navigation pane, click Fund Accounting > Distributions > Fixed Distributions > Cancel Fixed Distribution.
    You see the Cancel Fixed Distribution panel.

  2. In the Entity ID and Entity Name fields, specify the master fund entity identifier or the master fund entity name.

  3. In the Share Class field, specify a valid share class.

  4. In the Accounting Date field, specify the accounting date.
    The system displays the Monthly Accounting Period Date field value.

  5. In the Distribution Cancel Date field, specify the beginning date of the cancellation.

  6. Click Submit.