About Deriving Position Income Receivables

The S2P Direct processing derives various income receivable values to populate the POSITION tables in the HOLDING database, comparing records from the Cash object tables ESTAR_TRADED_CASH_ACTIVITY and ESTAR_SETTLED_CASH_ACTIVITY.

Position Income Receivable Computation

The following table lists the fields and qualifying criteria for the records used for the computations.

Position Income Receivable Computation
Event Type	Cash Category	Fields Used
CASHDIV	Income	Dividend Receivable Local (Tag 9498) Dividend Receivable (Tag 9499) System Dividend Receivable (Tag 11733)
COUPON	Income	Coupon Receivable Local (tag 9500) Coupon Receivable (Tag 9501) Coupon Receivable Sys (Tag 9501)
RECLAIM	Income	Reclaim Receivable Local (Tag 9502) Reclaim Receivable (Tag 9503) System Reclaim Receivable (Tag 11735)
Other than CASHDIV, COUPON or RECLAIM	Income	Misc Income Receivable Local (Tag 10767) Misc Income Receivable (Tag 10768) System Misc Income Receivable (Tag 11736) Note: Field values from the MISCEXP event type records are multiplied by -1, that is, have their signs reversed, before being used in any S2P calculations.

Additional Receivable Field Computations

The S2P Direct process stores cash receipt record values to Eagle PACE with the same values as used in Eagle Accounting. Values for disbursement records are multiplied by -1 to reverse the sign.

The following table lists the computation details of the additional receivable field values related to the income fields.

Additional Receivable Field Computations
Record	Field	Computation
Cash Settlement	Income Breakage Under	Traded local amount – Settled local amount – Local amount defaulted.
Cash Settlement	Principal Breakage Under	Local amount defaulted.
Cash Settlement	Principal Breakage Over	Local amount defaulted + Local overpayment done.
Cash Settlement	Receivable Local	Principal Breakage Over is multiplied by most recent Issue Currency to Dividend Payment Currency FX rate for entity's FX valuation source.
Cash Settlement	Receivable Base	Receivable Local field value is marked to market using the market Issue Currency to Base Currency FX rate for entity's FX Valuation source, as compared with S2P Direct push date.