Accounting Basic Entity Configuration Guide V10.1

8/2/2019 Accounting Basic Entity Configuration Guide V10.1

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Eagle Investment Systems LLC

www.eagleinvsys.com

Configuration Guide, V10.1

ACCOUNTINGBASIC ENTITY


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Product Release Information

Product: Accounting

Release Number: Version 10.1

Release Date: June 2010

Eagle maintains the following Web site where you can find additional information:http://www.eagleinvsys.com.

Copyright

Copyright 2010, Eagle Investment Systems LLC.

All Rights Reserved.

Every effort has been made to ensure the accuracy of this manual. Information in this documentis subject to change without notice and does not represent a commitment on the part of EagleInvestment Systems. Eagle Investment Systems makes no warranties with respect to thisdocumentation and disclaims any implied warranties of merchantability or fitness for particular

purpose. All software described in this manual is furnished under a license agreement ornondisclosure agreement and may only be used in accordance with the terms of this agreement.Eagle PACE licensee(s) may reproduce instructional documentation as needed for distribution tousers of the licensed Eagle PACE software. The licensee(s) agrees not to modify, adapt,translate, or otherwise alter the documentation prior to distribution without the express writtenconsent of Eagle Investment Systems LLC.

Trademarks

Eagle STAR

and Eagle PACE

are trademarks of Eagle Investment Systems LLC.

Microsoft Windows is a registered trademark of Microsoft Corporation in the United States andother countries

All other marks and names herein are trademarks of their respective companies.
http://www.eagleinvsys.com/http://www.eagleinvsys.com/


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CONTENTS

About This Book .....................................................................................5Who Should Read This Book ............................................................................................................ 5Whats in This Book ........................................................................................................................... 5Conventions Used in This Book ....................................................................................................... 6

Chapter 1: Introduction ..........................................................................7About Entities ..................................................................................................................................... 7Using Process Centers with Entities ............................................................................................... 7Using Entity Profiles .......................................................................................................................... 8

Creating an Entity Profile ............................................................................................................... 8Using an Entity Profile to Add an Entity ......................................................................................... 9

Chapter 2: Adding Basic Entities ........................................................11Adding a Basic Entity ...................................................................................................................... 11Add Entity Panel Description .......................................................................................................... 12

Chapter 3: Adding Multiple Accounting Bases .................................39About Multiple Accounting Bases .................................................................................................. 39Adding an Additional Accounting Basis ....................................................................................... 40Add a Basis to a Portfolio Panel Description ................................................................................ 41Adding an Accounting Period for an Accounting Basis .............................................................. 56

Chapter 4: Maintaining Entity Information .........................................59Changing an Entity .......................................................................................................................... 59Listing Entities ................................................................................................................................. 61Listing Entity History ....................................................................................................................... 63Viewing Entity Journal Details ........................................................................................................ 65

Chapter 5: Setting Up Composites .....................................................67Creating a Composite ...................................................................................................................... 67Adding an Entity to a Composite ................................................................................................... 70Changing a Composite .................................................................................................................... 72Removing an Entity from a Composite .......................................................................................... 74Listing Entities in a Composite ...................................................................................................... 76Listing Composite History .............................................................................................................. 77


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Basic Entity Configuration Guide, V10.1

Chapter 6: Setting Up Entity Lists ......................................................79Creating an Entity List ..................................................................................................................... 79Changing an Entity List ................................................................................................................... 81Adding an Entity to an Entity List .................................................................................................. 82Listing Entities in an Entity List ..................................................................................................... 83

Chapter 7: Setting Up Entity Bank Relationships .............................85Adding an Entity Bank Relationship .............................................................................................. 85Changing an Entity Bank Relationship .......................................................................................... 88Deleting an Entity Bank Relationship ............................................................................................ 90Listing Entity Bank Relationships .................................................................................................. 92

Index ......................................................................................................94


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ABOUT THIS BOOK

Welcome to Basic Entities configuration setup in Eagle Accounting (also known as STAR). InEagle Accounting, there are two classes of entities, which are collections of securities: basicentities and master fund entities. Basic entities represent a collection of securities, such as a

portfolio or an account. Master fund entities represent mutual funds and other types of funds thatinvolve capital stock and net asset value (NAV) processing.

This guide describes how to create and maintain basic entities for use in Eagle Accounting.It explains how to configure this class of entities to meet your accounting objectives, anddescribes how to set up entities to work with Eagles workflow, operations, and reporting tools.

Who Should Read This Book

This book is written for Eagle Accounting users responsible for setting up, maintaining, andsupporting processing of basic entity information. This guide describes how to enter entityinformation manually using STAR panels. For information on maintaining all entity typesautomatically, see the Generic Interfaces Reference Guide(formerly called the Message Center

STAR and CSV Format Default Streams Guide.)This guide assumes you are already familiar with Eagle Accounting. A complete list of books thatsupport Eagles Accounting solution is available on the Eagle Gateway and Eagles KnowledgeCenter.

Eagle Educational Services (EES) offers instructor-led and web-based courses that are designedto provide you with the knowledge you need to maximize your Eagle Accounting solution. Refer tothe Eagle Gateway for a current list of course offerings. Or contact your Relationship Manager fordetails.

Whats in This Book

This book is divided into the following chapters:

Chapter 1: Introduction, describes how Eagle Accounting uses entities to track investments,defines basic and mutual fund entities, and describes how you can use entity profiles tospeed entity setup.

Chapter 2: Adding Basic Entities, describes how to set up basic entities, including entitieswith multiple accounting bases.

Chapter 3: Adding Multiple Accounting Bases, describes how to create entities withmultiple accounting bases, along with the accounting periods for those accounting bases.

Chapter 4: Maintaining Entity Information, describes how to change and review entityinformation.

Chapter 5: Setting Up Composites, describes how to set up and maintain composites,which are entities grouped together for reporting purposes.

Chapter 6: Setting Up Entity Lists, describes how to set up and maintain entity lists, whichare itemizations of entities that you group together for scheduling purposes.

Chapter 7: Setting Up Entity Bank Relationships, describes how to set up and maintainentity bank relationships, which associate entities with custodian bank account numbers.


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Conventions Used in This Book

The text conventions used in this guide are described in the following table.

Convention Examples Meaning

Italics Retail Fund Performance User Guide Indicates the title of adocument.

Bold Click Options and then select Securities.

Enter Security Name into the Name text box.

Indicates a menu item youselect, or other user input.

Courier The SECURITY database stores Indicates a record, table, orname of a database.

NoteNote: A note contains important information.

Indicates information thatemphasizes important parts ofthe text, or is necessary forcompleting a task.

Note: Eagle Accounting is customizable to meet a firm's unique and expanding businessrequirements. For this reason, some of the fields defined in this guide may notmatch exactly what you see on the panel.


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Chapter 1: Introduction

This chapter describes how Eagle Accounting uses entities to track investments, defines basicand mutual fund entities, and describes how you can use entity profiles to speed entity setup.

Topics Covered in This Chapter

About Entities

Using Process Centers with Entities

Using Entity Profiles

About Entities

An entity is another name for a portfolio. It is a collection of investments owned by the sameindividual, corporation, partnership, or trust. An entity tracks your trade activity and maintains

account positions, as well as all income and expenses. This guide describes the following typesof entities that Eagle Accounting supports:

Basic Entity. A basic entity is designed to track transactions and trades for a wide variety ofinvestments including foreign and domestic equities, fixed income securities (for example,mortgage backed securities and long and short term debt instruments) and derivatives (forexample, futures, forwards, swaps, and options). You can classify basic entities using anentity type of Portfolio or Benchmark.

Mutual Fund Entity. A mutual fund entity is specifically designed to track transactions andtrades for mutual funds that involve capital stock and net asset value (NAV) processing. Themutual fund entity structure supports multiple share class accounting. All classes are trackedas well as the original or total fund from which the amounts were allocated. The allocationratios between the classes are calculated and the resulting ratios are then used to allocatethe appropriate amounts. All figures are stored for reporting purposes.

The mutual fund entity structure also allows you to create sectors, distinct subsets of themutual fund, whose components share characteristics of the mutual fund entity such as lotselection and amortization method. In Eagle Accounting, the terms mutual fund and masterfund are used interchangeably. Both terms are used to describe a mutual fund entity.

You can classify mutual fund entities using a master fund type of Benchmark, Institutionaland Trustee, Mutual Fund, Money Market, Managed/Unmanaged, or Off Shore.

Entity List. An itemization of entities that you create and use for scheduling purposes.

Composite. A collection of entities grouped together for reporting purposes. You can classifycomposites using an entity type of Aggregate, Composite, or Control Center Composite.

Using Process Centers with Entities

Eagle Accounting allows you to group entities into process centers to control the timing of globalprocesses.

Global processes are events such as earnings, corporate actions, settlements, factors, cashsweeps, expirations, interest on cash, unrealized gains/losses, and STAR to PACE Directprocesses which you can process for more than one entity and security at a time. Processcenters improve engine performance during Start of Day (SOD) and End of Day (EOD)processing.


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When you create a basic entity or mutual fund entity, you can use the Process Center field on theAdd Entity and Master Fund Setup panels to associate the entity with a process center code.Eagle recommends that you select a process center code when you set up a basic or mutual fundentity. If you need to set up a process center code, select the Admin category on the Eagle STARhome page window and click the Add New Process Center Location link under the Eagle STARProcess Center menu. For more information about using process centers, see the OperationsTools Guide.

Using Entity Profiles

If you need to manually add several entities with similar characteristics, you can save time bycreating a profile. A profile is a template you can use to add repetitive information to EagleAccounting.

Creating an Entity Profile

To create a profile for an entity:

1. Enter the entity data on the Add Entity panel (for a basic entity) or Master Fund Setup panel

(for a mutual fund entity).For details, see Adding a Basic Entity or Adding a Mutual Fund Entity.

2. Do one of the following:

Click Store.

Right-click and select Save Profile.The Enter profile name dialog box appears. See Figure 1.

Figure 1: Enter Profile Name Dialog Box

3. Enter the name of the entity profile.

4. Specify whether you want the profile to be Public or Private. You can either:

Select the Public check box, the default setting, if you want the profile available for use byall members who belong to your Report Profile group. Report Profile groups are set up byyour system administrator using Eagles User Manager.

Clear the Public check box if you want the profile to be private. Private profiles are only

available for use by your User ID.

5. Click OK.

Eagle Accounting creates a profile with the specified name.

Note: Within the panel, there is a tag property [Not For Profile = Y/N] which controlswhether to save the field to your profile dataset.


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Chapter 1: Introduction

Using an Entity Profile to Add an Entity

To use an entity profile when you add an entity:

1. From the Eagle STAR main window, click the Account category.

2. Do one of the following to access the Add Entity panel (for a basic entity) or the Master Fund

Setup panel (for a mutual fund entity): Under the Entity menu, click Retrieve.

Under the Mutual Fund Entity menu, click Master Fund Setup.The Add Entity panel or Master Fund Setup panel, as appropriate, appears.

3. Do one of the following:

Click Retrieve.

Right-click and select Retrieve Profile.The Profile Selection dialog box appears. See Figure 2. The Public Profiles tab displaysprofiles available for use by all members of your Report Profile group, and the Private Profilestab displays profiles available only for use by your User ID.

Figure 2: Profile Selection Dialog Box

4. Select the desired profile.

Eagle Accounting populates the fields on the Add Entity or Master Fund Setup panel with theinformation that you specified in the profile.


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5. Add the information that is unique to the new entity.

6. Click Submit.

You have manually entered entity information using a profile.


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Chapter 2: Adding Basic Entities

This chapter describes how to set up basic entities.


Adding a Basic Entity

Add Entity Panel Description

Adding a Basic Entity

The Add Entity Panel allows you to manually add a basic entity to Eagle Accounting. A basicentity is designed to track transactions and trades for a wide variety of investments includingequities, fixed income securities, and derivatives.

If you are tracking transactions and trades for a mutual fund, see Adding a Mutual Fund Entity. If

you are using an entity profile to create the entity, see Using an Entity Profile to Add an Entity.To manually add a basic entity:

1. From the Eagle STAR main window, click the Account category.

2. Under the Entity menu, click Add Entity.

The Add Entity panel appears. See Figure 3.

Figure 3: Add Entity Panel


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3. Complete the fields on the Add Entity panel.

A description of each option on the Add Entity panel follows at the end of this section.

4. Click Submit.

You have manually added a basic entity. Eagle Accounting creates an entity record, a recordfor the entity/primary accounting basis, and accounting periods for the entity/primary

accounting basis. If you want to add an additional accounting basis for the entity, see Addingan Additional Accounting Basis.

Note: If you wish to delete an entity after it has been in active status, please contact your SystemAdministrator for support.

5. Click Close.

You return to the Eagle STAR main window.

Add Entity Panel Description

The following table describes each option on the Add Entity panel.

Field Tag Description

Entity Identification Fields

Entity Type 1105 (Required) This field specifies the type of entity you are creating.Options include:

Portfolio. Default. Eagle Accounting creates a basic entity thatstores accounts, positions, and history for trading purposes.

Benchmark. Eagle Accounting creates an entity you can use forwhat if exercises through modeling. For example, you can set upa benchmark to determine the impact of events such as a changein interest rates without actually buying or selling securities.

Entity Long Name 29 This field specifies the descriptive name of the entity.

Entity Name 1164 (Required) This field specifies the abbreviated name of the entity.

Generate Dummy EntityID

2290 This field specifies if Eagle Accounting generates a unique entityidentifier for the entity. Options include Yes and No.

Note Before you use this field the first time, you must perform thefollowing one-time setup. In the PACE_MASTERDBO.NEXT_INSTANCE

table, make an entry for ENTITY_ID.

Entity ID 1163 (Required) This field specifies the unique 8-character alphanumericidentifier of the entity. It must not contain any blank spaces. Youcannot edit this field after you create the entity.

Entity Code 4324 This field stores an entity code used for reporting purposes.

Entity Legal Name 1859 This field specifies the entity legal name, used for reporting purposes.


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Chapter 2: Adding Mutual Fund Entities


Core Accounting Fields

Accounting Basis 21 (Required) This field specifies the primary accounting basis for theentity. You cannot edit this field once the entity has holdings. Options

include: USTAX. Default. Eagle Accounting is set up in accordance with

domestic tax regulations.

GAAP. Eagle Accounting is set up in accordance with GenerallyAccepted Accounting Principles. This is the most common basis.

IFRS. Eagle Accounting is set up in accordance with InternationalFinancial Reporting Standards (IFRS).

STAT. Eagle Accounting is set up for use with statutoryinsurance.

Eagle Accounting is installed with a set of values for this field. You canadd additional values using the Add Code Values panel. An entity canhave more than one accounting basis. You can add an additionalaccounting basis for an entity if you need to perform two different types

of amortization on the same positions within your entity or your entitycontains more than one base currency.

Note The accounting basis you select names the set of standards you

are applying to the entity, but does not configure the field settings for

that basis. After you specify the accounting basis, you choose the

settings (for example, cost method, lot selection method, base

currency) that comprise that accounting basis.

Regulatory Category 12387 The regulatory category associated with International FinancialReporting Standards (IFRS). You cannot edit this field once the entityhas holdings. Options include:

Available for Sale (AFS)

Available for Sale at Cost (AFSC)

Fair Value Option (FVO) Held for Trading (HFT)

Held to Maturity (HTM)

Loans and Receivables (LR)

Mutual Fund Fair Value Option (MFFVO)

Mutual Fund Held for Trading (MFHFT)

Other (O)

All investments within an entity/basis have the same regulatorycategory. A multi basis entity can have different regulatory categoriesby basis. If you set the Accounting Basis to IFRS, you must select aRegulatory Category for IFRS basis levels; otherwise, this field isoptional.

URGL Accounting Rule 1079 The URGL Rule establishes proper treatment of unrealized market andcurrency gains/losses to ensure compliance with InternationalFinancial Reporting Standards (IFRS). This field is required only if youselect a regulatory category of Available for Sale, Available for Sale atCost, Fair Value Option, Held for Trading, Held to Maturity, or Loansand Receivables.


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Cost Method 22 (Required) This field specifies the cost method Eagle Accounting usesto calculate gain/loss amounts from the sale of security lots held by theentity. You cannot edit this field once the entity has holdings. Optionsinclude:

Identified. Default. Eagle Accounting determines which lot torelieve (sell) based on the value in the Lot Selection Method field.After identifying the lot, Eagle Accounting determines its cost andcompares that to the lot's earnings to calculate a gain or lossamount for reporting purposes. If you select Identified, you canamortize fixed income securities using all the options EagleAccounting has available.

Average. Eagle Accounting determines which lot to relieve (sell)based on the value in the Lot Selection Method field. Afteridentifying the lot, Eagle Accounting determines the average of allof the holdings (total cost of holdings divided by the number ofholdings) to calculate a gain or loss amount for reportingpurposes. If you select Average, you can amortize fixed incomesecurities using only selected options Eagle Accounting has

available. Eagle Accounting applies the total amortization toindividual lots based on the percentage of total par owned in theposition.

For more information on amortization methods, refer to the FixedIncome Processing User Guide.

Note Eagle Accounting is a multiple basis accounting system. If you

set up an additional accounting basis, it must have the same cost

method as the primary accounting basis.


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Lot Selection Method 27 (Required) This field specifies the lot selection method EagleAccounting uses to relieve (sell) lots of a security held by the entity.Options include:

LIFO (Last In First Out). Eagle Accounting relieves the lot that

was last in as first out. FIFO (First In First Out). Default. Eagle Accounting relieves the

lot that was first in as first out. If there are two or more lots withthe same characteristics for a particular lot selection method,Eagle Accounting defaults to FIFO. For example, suppose anentity is selling lots of securities and uses Low Original Cost(LORIG) as the lot selection method. The entity owns a total of 2lots of an equity security, both purchased with an open price of 1.One of the lots has a trade date of 1/1/04. The other lot has atrade date of 1/9/04. The LORIG sell transaction looks for the lotwith the lowest open price but finds two lots that fit the criteria.Eagle Accounting relieves the lot with the trade date of 1/1/04because the default lot selection method is FIFO.

High Amortized Cost. Eagle Accounting relieves the lot with the

highest amortized cost. Low Amortized Cost. Eagle Accounting relieves the lot with the

lowest amortized cost.

High Original Cost. Eagle Accounting relieves the lot with thehighest original cost.

Low Original Cost. Eagle Accounting relieves the lot with thelowest original cost.

Identified Lot. Eagle Accounting relieves the lot with an Event IDor a Trade Ticket ID identified on the sale of the lot.

Best Tax. Eagle Accounting relieves the lot based on a pre-determined best tax methodology.

Tax Advantage: Tax Advantage relieves the lot with the lowesttax liability.

Note You can select Versus Purchase as your lot selection method at

the trade level, but cannot select it at the entity/accounting basis level.

Versus Purchase is an identified lot methodology that can correctly

handle rollback replay of corrections. It uses purchase lot

characteristics to identify lots for sale rather than unique identifiers.

For more information on these methods, refer to the Fixed IncomeProcessing User Guide.


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Cost Method Cash 9924 (Required) This field specifies the cost method Eagle Accounting usesto calculate gain or loss amounts from the sale of foreign currency lotsheld by the entity. You cannot edit this field once the entity hasholdings. Options include:

Identified. Default. Eagle Accounting determines which foreigncurrency lot to relieve (sell) based on the value in the LotSelection Method Cash field. After identifying the lot, EagleAccounting determines its cost and compares that to the lot'searnings to calculate a gain or loss amount for reportingpurposes.

Average. Eagle Accounting determines which foreign currencylot to relieve (sell) based on the value in the Lot Selection MethodCash field. After identifying the lot, Eagle Accounting determinesthe average of all of the holdings (total cost of holdings divided bythe number of holdings) to calculate a gain or loss amount forreporting purposes.

Note Eagle Accounting bypasses rollback and replay processing for

same day cost of cash activity. Eagle Accounting processes open and

close trades for the same date in the order in which the trades arrive.As a result, some close trades may be processed prior to open trades.

The average cost close trades do not include the cost of open trades

that have not been processed. This may result in small variances in

gains and losses for entities processing average cash. There is no

effect on ID lot gains and losses.

Account Base Currency 86 (Required) This field specifies the base currency of the entity. Youcannot edit this field once the entity has holdings.

Note You can set up the entity to report on more than one base

currency if you add an additional accounting basis.

Country of Tax Code 1342 (Required). This field specifies the ISO country code of the country inwhich the entity is located. Eagle Accounting uses the value in theCountry of Tax Code field to calculate tax withholding and tax reclaimrates. Eagle Accounting uses the Country of Tax field to determine theapplicable tax withholding and reclaim rates in the Global Tax table.Eagle Accounting provides the list of countries and their associatedISO country codes in the Country Code category as part of theinstallation upgrade process. If you enter a value in the Country of TaxCode field, Eagle Accounting fills in the Country of Tax field with itscorresponding value. This field exists solely on the entity record, andthe value can be edited after the entity is established. The dynamiclookup is based on the COUNTRY CODE Code Category.

For more information on tax withholding and tax reclaim rates, refer tothe Fixed Income Processing User Guide.

Country of Tax 1193 This field specifies the name of the country in which the entity is

domiciled. If you enter a value for the Country of Tax field, EagleAccounting fills in the Country of Tax Code field with the correspondingvalue. The dynamic lookup is based on the COUNTRY CODE CodeCategory.


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Contract Settle Indicator 3919 This field specifies the settlement date Eagle Accounting uses whencontractually settling trades and/or income. Options include:

Contractual Settlement Date. Eagle Accounting settles thetrades and/or income on the contractual settlement date.

Contractual Settlement Date plus 1 Day. Eagle Accountingsettles the trades and/or income items on the contractualsettlement date plus one day.

Contractual CashSettlement Rule Name

11833 (Required) This field specifies the name of the Contract CashSettlement Rule that Eagle Accounting uses to determine whether tosettle trades through the contract cash process, based on processingsecurity type or security. You can select one of the following defaultcontract cash rules or can add your own custom rules:

DEFAULTNONE. Settle neither transactions nor income fortrades or corporate actions.

DEFAULTTRDINC. Settle both transactions and income fortrades and corporate actions.

DEFAULTTRDINCNOCA. Settle both transactions and incomefor trades but not for corporate actions.

DEFAULTTRDONLY. Settle transactions, but not income, fortrades and corporate actions.

DEFAULTTRDONLYNOCA. Settle transactions, but not income,for trades but not corporate actions.

DEFAULTINCONLY. Settle only income for transactions (forexample, coupons) and corporate actions.

DEFAULTINCONLYNOCA. Settle only income for transactions(for example, coupons) but not corporate actions.

Auto Settle Indicator 58 (Required) This field indicates whether Eagle Accounting settlestrades, coupons, and miscellaneous income and expensesautomatically. Options include:

No. Default. Eagle Accounting does not automatically settletrades, coupons, and miscellaneous income and expenses. Youmust schedule the settlement for these transactions using theContract Cash panel. Or, manually settle the transactions usingthe Multiple Settlements panel.

Yes. Eagle Accounting automatically settles trades, coupons, andmiscellaneous income and expenses.

Note If you enter Yes, Eagle Accounting creates a settlement as soon

as the trade is processed. There is no trade to settle date gain/loss.

This applies even if the settlement date is in the future. Eagle

recommends that you set this field to No.


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Tech Short EligibleIndicator

57 (Required) This field indicates whether the entity can go technicallyshort (book sell transactions prior to buys that will eventually beposted). Options include:

Yes. Default. Eagle Accounting allows you to oversell, sell

without a buy, and process a buy to cover without the short.Setting this field to Yes allows you to use Eagle Accounting'srollback and replay feature to adjust earnings. Eagle Accountingcreates a negative long position (for an oversell or sell without abuy) or a negative short position (for a buy to cover without theshort) and when the buy is received, Eagle Accounting replaysthat sell transaction.

No. Eagle Accounting does not allow you to oversell, sell withouta buy, or process a buy to cover without the short. EagleAccounting rejects the trade and sends it to the WorkflowManager to be reprocessed manually.

Wash Sale InhibitIndicator

775 (Required) This field indicates whether Eagle Accounting can apply thewash sale rule to trades. Options include:

Yes. Default. Eagle Accounting does not apply the wash salerule. Eagle Accounting records a loss on a sale of a security

when you buy substantially identical securities within 30 daysbefore or after the sale.

No. Eagle Accounting applies the wash sale rule. EagleAccounting does not record a loss on a sale of a security whenyou buy substantially identical securities within 30 days before orafter the sale.

Note If you select Yes, Eagle Accounting does not process wash

sales, regardless of the value you specify for the Wash Sale Eligible

Flag field on a trade panel. If you select No, Eagle Accounting uses the

value you specify for the Wash Sale Eligible Flag field on the trade

panel to determine whether to process wash sales.

Earning ProcessingFrequency

984 (Required) This field indicates the method Eagle Accounting uses topost earnings. Eagle Accounting supports only the Daily method. This

field is locked in the core Entity panels, and you cannot change it.

Chart of Account 1641 (Required) This field specifies the entity's chart of account to use inledger reporting. You cannot edit this field once the entity has holdings.

Eagle Accounting is installed with a core chart of accounts thatcontains more than 400 account numbers and descriptions. Customchart of accounts were created for the IFRS regulatory categories.

Note You must select a value for this field even if you are not using the

general ledger.

Entity Status 1283 (Required) This field identifies the entity as active or inactive. It is used

for reporting purposes only. Options include: Active. Default. Eagle Accounting reports the entity as active.

Inactive. Eagle Accounting reports the entity as inactive.

You can use the Change Entity Active Status panel to change thestatus.


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Short Term PriceMethod

1872 (Required) This field specifies how Eagle Accounting prices short termdebt instruments. Options include:

Market. Default. Eagle Accounting prices the short term debtinstruments using market prices rather than the amortized cost of

the securities. Unrealized gain/loss entries are created. Cost. Eagle Accounting prices the short term debt instruments

based on the amortized cost of the securities. No unrealizedgain/loss entries are created. You must select a value of Cost ifyou are processing short term discount accruals.

Note Eagle Accounting identifies a short term fixed income security if

the period from Issue Date to Maturity Date is less than or equal to 365

days; it does not do so by Processing Security Type.

Accounting PeriodFrequency

624 (Required) This field specifies the number of accounting periods percalendar year for the entity. You cannot edit this field once the entityhas holdings. Options include:

Daily. Default. Eagle Accounting establishes one accounting

period for each day of the year. If the entity is using a businesscalendar, Eagle Accounting establishes an accounting period forbusiness days only.

Monthly. Eagle Accounting establishes twelve accountingperiods for a given year.

Inception Date 1138 (Required) This field specifies the date the entity was created in themarketplace. Eagles Performance solution uses this information.

You cannot edit this field after you create the entity.

STAR Start Date 2198 (Required) This field specifies the date the entity was set up in EagleAccounting.

Eagle Accounting calculates accounting periods based on the daterange you enter in the STAR Start Date and Fiscal End Date fields.


Fiscal End Date 1162 (Required) This field specifies the last date of the entity's fiscal year,which Eagle Accounting uses as the ending date range when addingaccounting periods.

Eagle Accounting uses this field during the Year End Close process,an automated process that rolls up all balances from the realizedgain/loss accounts and income and expense ledger accounts andposts the balances to the accumulated undistributed gain loss ledgeraccount (3003000100). You cannot edit this field after you create theentity.


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Month End Date Rule 5161 (Required) This field determines whether Eagle Accounting uses thelast calendar day or the last business day of the month as the monthlyaccounting date. If you select the default Month End Date Rule,DEFAULT, Eagle Accounting uses the last calendar day of the month

as the month end accounting date. However, if you select a businesscalendar from the Calendar Name field, Eagle Accounting uses the lastbusiness day of the month.

Month End Accounting Date is stored on all transactions booked toEagle Accounting. This allows you to book as of activity in the currentaccounting period but reflect the transaction in the monthly period thatit actually occurred in. This allows you to report these transactions inthe correct month end report without having to reopen closed dailyvaluation and accounting periods. You can generate several ledgerand subledger reports based on Month End Accounting Date. You canalso create custom Month End Date rules using the Add Month EndRule panel.


Calendar Name 1941 This field specifies the name of the entity's business calendar, which isused to define a specific country's non-business days for accountingpurposes. Business calendars are user defined and typically set up byyour system administrator. If you:

Select a business calendar, Eagle Accounting creates anaccounting period for each business day of the year, as specifiedin the selected business calendar. The value you enter for theCalendar Name field must match the value you enter for theCountry of Tax Code and Earn Thru Rule Name fields. Forexample, if you enter CA (Canada) for the Country of Tax Codefield, you must also enter CA for Calendar Name and Earn ThruRule Name fields. After you select a value, the Non Business DayProcessing field and Earn Thru Rule Name field becomeavailable.

Do not select a business calendar, Eagle Accounting creates an

accounting period for each day of the year, including non-business days.

For more information, refer to the Business Calendars QuickReference Guide.

Non Business DayProcessing

3907 This field specifies how Eagle Accounting processes accrued intereston bonds or other fixed income securities on non-business days.Options include:

Process with Previous Business Day. Eagle Accounting postsnon-business day accruals to the previous business daysaccounting date. For example, accrued interest for Saturday andSunday is posted on Friday.

Process with Next Business Day. Eagle Accounting posts non-business day accruals to the next business days accountingdate. For example, accrued interest for Saturday and Sunday isposted on Monday.

This field is required if you select a value for the Calendar Name field.For more information, refer to the Business Calendars QuickReference Guide.


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Earn Thru Rule Name 8954 This field specifies how Eagle Accounting processes accrued interestwhen a series of non-business days fall on a month end, quarter end,semiannual, or year end date.

This field is required if you select a value for the Calendar Name field.

The calendar associated with the Earn Through Rule must match thevalue you enter for the Country of Tax Code and Calendar Namefields. And the Earn Thru Rule Name you select must have a NonBusiness Day Processing value that matches that defined for theentity.

For more information, refer to the Business Calendars QuickReference Guide.

Bifurcation Method 5825 (Required) This field, which is based on IRS regulations, specifies howEagle Accounting handles gains and losses on foreign securities andforeign debt instruments. Gains and losses from foreign security anddebt instruments may be posted to currency gain/loss ledger accounts,capital gain/loss ledger accounts, or to both. There is no currencygain/loss for domestic securities so you can select No in this field if

your organization trades only in domestic securities. Options include: No. Default. Eagle Accounting does not bifurcate (split into parts)

the gain/loss between capital and currency. Eagle Accountingposts the capital and currency realized gains/losses to the capitalrealized gain/loss general ledger accounts only.

All. Eagle Accounting bifurcates (split into parts) the gain/lossbetween capital and currency regardless of the security type.Eagle Accounting posts the capital realized gains/losses to thecapital realized gain/loss general ledger accounts and thecurrency realized gains/losses to the currency realized gain/lossgeneral ledger accounts.

Section 988. Eagle Accounting determines whether to bifurcate(split into parts) the gain/loss between capital and currency basedon the security type. You need to specify which security types are

eligible for section 988 bifurcation using the Add Code Valuepanel. If a security is not set up with a processing security typecode, it is not eligible for bifurcation under Section 988. In thiscase, Eagle Accounting posts capital and currency realizedgains/losses to the capital realized gain/loss general ledgeraccounts.

TBA Cashflow 9406 (Required) This field specifies whether a TBA security functions as abuy or sell or nets the difference. Options include:

No. Default. Do not create cash flows for the open of the TBAtax lot, but create the net cash flow at the close of the position.

Yes. Create cash flows for the open of the TBA tax lot.

For more information about TBAs, refer to the Fixed Income

Processing User Guide.


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Stale Factor Processing 8141 (Required) This field specifies whether Eagle Accounting automaticallyrolls back and replays stale factor trades when performing factorprocessing. Options include:

No. Default. Do not cancel and rebook the original trade using

the most recent factor. Yes. In the month the trade settles, cancel and rebook the

original trade using the most recent factor.

For more information, refer to the Fixed Income Processing UserGuide.

Swap Accrual Method 1184 This field specifies how entities post interest accruals and dividends forswaps. Options include:

Income/Expense. Posts interest accruals and dividends toIncome and Expense accounts in the general ledger.

Unrealized. Posts interest accruals and dividends to unrealizedCapital accounts in the general ledger.

For more information, refer to the Derivatives User Guide.

Calendar BusinessDays

824 (Required) This field specifies whether the fund spreads expensesover the weekends and holidays. It affects the Average Net Assetsreport. Options include:

Calendar (Default). Fund spreads expenses over theweekends and holidays.

Business. Fund does not spread expenses over theweekends and holidays.

Costcash BulkingElection

2423 (Required) This field specifies whether the option has been elected.Options include:

No (Default)

Yes

Conversion Fields

Conversion Status 1085 This field indicates the current status of the entity. Eagle Accountingallows you to select entities based on conversion status for certaintypes of global processing, such as corporate action announcements.Eagle Accounting is installed with a set of values for this field. You canadd additional values using the Add Code Values panel for theCONVERT STATUS Code Category. Options include:

Converting

Live

Parallel

After the conversion process is complete, the status is changed toParallel. After the parallel test phase is complete, the status is changedto Live.

Conversion Date 3915 (Required) This field specifies the date the entity was converted toEagle Accounting.

Live Date 3916 This field specifies the date the entity went live in Eagle Accounting.For reference only.


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Source Fields

Long Price Source 1282 (Required) This field specifies the pricing source Eagle Accountinguses for pricing long security positions for the entity. Default is EAGLE

PACE.

Short Price Source 5422 (Required) This field specifies the pricing source Eagle Accountinguses for pricing short positions for the entity. Default is EAGLE PACE.

FX Source 1344 (Required) This field specifies the pricing source Eagle Accountinguses for pricing foreign exchange rates for the entity. Used fortransactions and cash settlements. Default is EAGLE PACE.

Valuation FX Source 11652 (Required) This field specifies the pricing source Eagle Accountinguses for pricing foreign exchange rates for the entity. Used forvaluation, that is, calculating market value. Default is EAGLE PACE.

Variable Rate Source 3301 (Required) This field specifies the source Eagle Accounting uses toprocess earnings for variable and floating rates. Used for variable ratebonds with scheduled/unscheduled variable rates, floating rates, stepcoupon rates, and rates that measure inflation adjustment for theentity. Default is EAGLE PACE.

Accounting Basis

Postmatrix Type 11708 (Required) The field specifies which ledger posting matrix theEntity/Primary Basis uses when determining the accounting ledgerpostings required for a given event. Options include:

Core. Default. Used if entity is an investment or mutual fund.

Insurance. Used if entity is insurance related (Schedule D).

Primary Basis MixedCost Basis Indicator

11664 (Required). This field determines if the Entity/Primary Basis uses aMixed Cost Basis. A Mixed Cost Basis lets you override the accountingbasis Cost Method, Lot Selection Method, and Lot Selection Rule for a

specific processing security type, for all equity Processing SecurityTypes (PST codes begin with EQ), or all fixed Income ProcessingSecurity Types (PST Codes beginning with DB). Options include:

No. Default. The entity does not use a mixed cost basis.

Yes. The entity uses a mixed cost basis. The Primary BasisMixed Cost Basis Rule Name field becomes available.

Primary Basis MixedCost Basis Rule Name

11666 This field specifies the Mixed Cost Basis rule for the primaryaccounting basis. A mixed cost basis rule allows you to override basislevel elections for Cost Method, Lot Selection Method, and LotSelection Method Rule based on processing security type. This field isrequired if you set Primary Basis Mixed Cost Basis Indicator (tag11664) to Yes. For more information about mixed cost basis rules,refer to the Fixed Income Processing User Guide.


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Redemption Gain LossIndicator

8916 This field indicates whether Eagle Accounting processes gains/losseson calls, puts, and pre-refund corporate actions for theentity/accounting basis. This field is required if you process debtinstruments. Options include:

Gain/Loss. Default. Eagle Accounting redeems gains/losses thatresult from calls, puts, and pre-refund corporate actions.

Amortize. Eagle Accounting amortizes gains/losses that resultfrom calls, puts, and pre-refund corporate actions. It applies anaccelerated amortization method.

Sinking Fund PaymentRedemption Gain/LossFlag

9923 (Required) This field specifies how Eagle Accounting processes gainsand losses for sinking funds. Options include:

Treat Gain/loss from Sinking Fund Payment as Gain/Loss.Eagle Accounting treats the gain or loss created by the sinkingfund payment as a gain/loss on both the subledger and generalledger.

Treat Gain/loss from Sinking Fund Payment as AcceleratedAmortization. Eagle Accounting treats the gain or loss created

by the sinking fund payment as accelerated amortization on boththe subledger and general ledger.

Capitalize Sinking Fund Payment. Eagle Accounting uses thesinking fund information in the schedule table to calculateamortization yield. Eagle Accounting also reduces the principal ofthe tax lot in a non-prorated way when processing the sinkingfund payment so that no gain or loss occurs.

If Pro Rata Sinking Fund Capitalize Else Calculate Gain/Loss.Eagle Accounting looks to the value in the Pro Rata Sinking FundFlag field specified for the security to determine processing. If thevalue for that field is set to Yes, Eagle Accounting capitalizes thesinking fund payments for the security. If the value is set to No,Eagle Accounting treats the gain/loss from the sinking fundpayment as a gain/loss.

If Pro Rata Sinking Fund Capitalize Else CalculateAmortization. Eagle Accounting looks to the value in the ProRata Sinking Fund Flag field specified for the security todetermine processing. If the value for that field is set to Yes,Eagle Accounting capitalizes the sinking fund payment for thesecurity. If the value is set to No, Eagle Accounting treats thegain/loss from the sinking fund payment as acceleratedamortization for the security.


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Short Term DiscountAccrual Flag

8919 This field indicates how Eagle Accounting accrues interest or accretesa short term discount bond (processing security type of DBDCST).Options include:

Amortize. Default. Eagle Accounting accretes the short-term

discount bond and posts the accretion as amortization on thesubledger and general ledger.

Accrue Discount. Eagle Accounting treats the accretion of theshort term discount bond as an accrual and posts the accretionas interest income on the general ledger in the accrual fields(Daily, Month to Date, Period to Date, Life To Date). EagleAccounting also posts the accretion as interest income on thesubledger. For the calculation of gain/loss, Eagle Accountingtreats the accrual of interest income, like accretion of discount.

If you elect to accrue short term discount bonds, disable OIDamortization in the amortization rules for processing security typeDBCST. Also set the Short Term Price Method (tag 1872) to Costto avoid double counting of accrual of interest income in the markto market process.

Accounting Basis LotSelection Rule

7101 (Required) This field is used to relieve the current holdings of asecurity for a non primary accounting basis. This field determinesprocessing for the open lots that are eligible to be closed on anadditional accounting basis. Options include:

Use Basis Value Unless Event = IDLOT or VSP. Default. EagleAccounting uses the value in the accounting basis table unlessthe incoming event has a lot selection method of Identified Lot(IDLOT) or Versus Purchase (VSP).

That is, if the incoming event has a lot selection method of IDLOTor VSP, Eagle Accounting utilizes the IDLOT or VSP lot selectionmethod to close the lots for that particular accounting basis. If theincoming event does not have an IDLOT or VSP lot selectionmethod, Eagle Accounting utilizes the lot selection method on the

accounting basis.

Use Event Value. Eagle Accounting uses the lot selectionmethod from the incoming event and does not utilize the lotselection method in the accounting basis table.

Always Use Basis Value. Eagle Accounting uses the accountingbasis default regardless of what lot selection method is on theincoming event.

Use Historical Method Unless Event ID = IDLOT or VSP elseuse event. Eagle Accounting uses the historical lot selectionmethod on the accounting basis unless the lot selection methodon the incoming event is equal to Identified Lot (IDLOT) orVersus Purchase (VSP).

For examples, refer to the Fixed Income Processing User Guide.

Vault Date 12005 Date associated with archiving data in certain blobs.


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Expense and CapitalizeTrans Costs for Opens& Closes

10705 This field determines if transaction fees are expensed or capitalized foracquisitions, and if transaction fees are expensed or netted againstproceeds for dispositions. It supports International Financial ReportingStandards (IFRS) requirements for trades and transaction fees.

Options include: Capitalize Trans Fees on Opens & Net Trans Fees Against

Proceeds on Closes

Expense Trans Fees on Opens & Net Trans Fees AgainstProceeds on Closes

Expense Trans Fees on Open and Close Trades

You cannot edit this field once the entity has holdings.

Earnings/Amortization Fields

PrimaryAmortization/AccretionRule

3197 (Required) This field specifies the amortization/accretion rule for theprimary accounting basis that Eagle Accounting uses to processearnings.

For more information about the fields in this section, refer to the FixedIncome Processing User Guide.

Note If you change the Primary Amortization Rule at the accountingbasis level, the next time you process earnings Eagle Accountingcreates a retrospective amortization rule calculation from the originalsettlement date of the trade (on all open lots).

Eagle Accounting calculates the trade yield based on the primary

amortization/accretion rule for the entity, so it is important to keep the

values that exist on the entity and the primary accounting basis

consistent. Eagle Accounting updates values changed on the entity

panel via the primary accounting basis, but does not change entity

values when you make the change through the change accounting

basis panel.

Gain/Loss on Paydowns 1871 (Required) This field specifies how Eagle Accounting handles thegain/loss on paydowns (repayment of part of an outstanding loanbalance). This field is used with factor based debt instruments such asmortgage backed securities. Options include:

Gain/Loss. Eagle Accounting generates a gain/loss on apaydown and displays the Paydown Gain Loss Account field.

Amortization. Eagle Accounting records a gain/loss generatedby a paydown as accelerated amortization.

Coupon SpreadingPeriod

637 (Required) This field specifies how Eagle Accounting spreads incomedeferrals. Options include:

None. Default. Eagle Accounting does not spread incomedeferrals.

Coupon. Eagle Accounting spreads the daily income over thecoupon period. This option is used primarily for mutual funds thatdistribute income daily, for bonds that are set up as 30/360, andfor months that do not contain 30 days.

Monthly. Eagle Accounting spreads daily income over the courseof a month. A 30/360 bond defers a portion of its income for the31st day of the month.


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Unrealized Gain/LossPosting

5383 (Required) This field indicates whether Eagle Accounting automaticallyposts unrealized gains/losses to the ledger during valuation. Optionsinclude:

Yes. Default. Eagle Accounting automatically posts unrealized

gains/losses to the ledger during valuation. Select this value onlyif you are using Eagle's Pricing Center to post unrealizedgains/losses.

No. Eagle Accounting does not automatically post unrealizedgains/losses during valuation. You must post them manually.

Final Close IncomeRecognition Date

10070 (Required) This field specifies how Eagle Accounting recognizesclosed earnings, amortization, and OID (Original Issue Discount)amortization. Options include:

Settle Date. Default. Eagle Accounting recognizes closedearnings, amortization, and OID amortization on a daily basisthrough the settlement date of the close.

Trade Date. Eagle Accounting recognizes closed earnings,amortization, and OID amortization as one lump sum on the trade

date of the close.

Coupon CashEntitlement Level

11852 This field specifies the level at which the system drops coupons.Values include:

Position Level

Lot Level

Accrual ConventionOffset

12038 This field specifies when Eagle Accounting begins earnings accruals.Options include:

Settlement Date. Default. Eagle Accounting accrues through theday prior to a coupon payment and then begins accruing for thenew coupon on the coupon pay date.

Settlement Date + 1. Eagle Accounting begins earnings accruals

using a one day lag. It accrues through the coupon date for thecurrent period and pays it out that day, and then begins accruingfor the new coupon on the coupon date plus one day so that theaccrued income on the coupon date is zero. This method canapply to countries such as Canada.

The method you select does not affect coupon payments because thenumber evens out on the last day and the coupon generated is thesame. However, it does affect valuation and Eagle Performancecalculations.

Note You can use the Accrual Convention Offset Override field (tag1604) to override this setting at the trade level for Buy Sellback/SellBuyback trades. For details, see the Fixed Income Processing UserGuide.


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Month End Fields

Month End ProcessingIndicator

9697 (Required) This field indicates whether the accounting basis is usingmonth end processing, which allows transactions to be reported in the

correct month end report without having to reopen closed dailyvaluation and accounting periods. Options include:

Yes. Eagle Accounting uses month end processing. If you selectYes, the Month End Long Price and Month End Short Price fieldsbecome available.

No. Eagle Accounting does not use month end processing.

If you set both this field and the Control Center Entity field to Yes,messages are sent to establish month end accounting periods, whichare necessary to view funds in Month End Control Center.

Other Information Fields

Taxable Indicator 1143 This field indicates whether the entity is taxable. For reference only.Options include:

No. Default. The entity is not taxable.

Yes. The entity is taxable.

For more information, refer to the Fixed Income Processing User

Guide.

Tax ID Number 1341 This field specifies the tax identification number for the entity. You canenter up to 10 characters. For reference only.

Manager ID 1149 This field specifies the identification number of the entity manager. Youcan enter up to 8 characters. For reference only.

Inception Value 1160 This field specifies the monetary value of the entity at the inceptiondate. For reference only.

Termination Date 1161 This field specifies the termination date of the entity. For referenceonly.

S2P Direct Interface Fields

Delta Process Flag 4758 (Required) This field indicates whether the entity's backdatedtransactions and affected position records are transferred from STARto PACE for reporting purposes using the STAR to PACE DirectInterface. Options include:

No. Default. Eagle Accounting does not use the STAR to PACEDirect Interface to transfer an entity's open positions and cashbalances.

Yes. Eagle Accounting uses the STAR to PACE Direct Interfaceto transfer an entity's open positions and cash balances.

For more information about the fields in this section, refer to the STARto PACE Direct User Guide.


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Income Delta ProcessFlag

11408 (Required) This field specifies the income delta process. Optionsinclude:

None (Default)

Income

Cash

Both

Note This field is no longer used. Select None.

Create PerformanceCash Flows In PACE

5398 (Required) This field indicates whether the STAR/PACE integrationprocedure processes cash currency and copies cash flow informationfor reporting by Eagles Performance solution. Options include:

No. Default. The STAR/PACE integration procedure does notcreate cash currency records for performance reporting. If you donot use Eagle Performance, select No.

Yes. The STAR/PACE integration procedure creates cashcurrency records for performance reporting. If you use EaglePerformance, select Yes.

Store Cash Positions InPACE

5563 (Required) This field indicates whether the STAR/PACE integrationprocedure exports the entity's cash positions from STAR to PACE.Options include:

No. Default. The STAR/PACE integration procedure does notexport cash position records from STAR to PACE. If yourorganization does not need currency balances, select this valueto improve efficiency.

Yes. The STAR/PACE integration procedure exports the cashposition records from STAR to PACE and stores the cashbalances in the position detail table in the Data Warehouse. Ifyou use Eagle Performance, select Yes.

Value at Cost - No Price

Found

11454 (Required) This field specifies whether to use the cost value when no

price is found for the selected entity/accounting basis. Options include:

Yes. Use cost value. If no price is found, STAR to PACE Directdefaults the amortized cost into the PACE market value fields inthe position detail and lot level position tables.

No. Do not use cost value. Use the default value of 0. Theamortized cost is not used even if there is no pricing available.

This setting does not affect futures contracts market values.

Note If you run STAR to PACE Direct in Batch mode using the Recent

price option (that is, you set Price Date SwitchtoRecent in the

Transfer Data - Batch panel), be aware that any recent price is used

before the asset is priced at cost.

Process Center Fields

Process Center Option 4896 This field specifies the entity's Process Center. A Process Centerallows you to group entities into centers to control the timing of globalprocesses such as accruals, corporate action processing, maturities,contractual cash settlements, and STAR to PACE Direct processes. Ifspecified, Eagle Accounting uses the date associated with the ProcessCenter as the post date on all transactions.

Note Eagle strongly recommends the use of process centers. See the

Workflow Operations Guidefor detail.


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Control Center

Control Center Entity 10462 (Required) This field indicates if you can view an entity's status usingthe Control Center. The Control Center allows you to view entity

statuses for all system events in real time. The Control Center providesa central location for applying business edits, reviewing and controllingtransactions, and performing valuations and audits of entities. Optionsinclude:

No. Default. Eagle Accounting does not allow you to view theentity status using the Control Center.

Yes. Eagle Accounting allows you to view the entity status usingthe Control Center. All edit test procedures check this flag toensure the fund is set up as a Control Center fund. If you selectYes, additional fields become available in this section.

For more information about the fields in this section, refer to theControl Center Reference Guide.

Auto Close Indicator 8253 This field specifies which periods to automatically close for funds when

using the Automatic Audit Close process. This process searches forentities in a valuation close status, ensures that the audit status on theNAV Recon Status panel is cleared, and then automatically closesaudit periods for funds that meet the criteria. Options include:

Valuation Close. Automatically closes valuation periods.

Audit Close. Automatically closes audit periods.

Both. Automatically closes valuation and audit periods.

None. All periods must be closed manually.

This field is required if you set Control Center Entity to Yes.

Trading Gain/Loss RuleId

9231 This field specifies the trading gain/loss rule for the entity. The tradinggain/loss process determines the impact of a trade by comparing atransactions trade price to the prior market price. Options include:

DEFAULT INCLUDE. Tests new purchases by using the currentday market exchange price.

DEFAULT EXCLUDE. Does not post trading gain/loss for newsecurity purchases.


Control Center EntityTests

2297 This field specifies how you assign edit tests during fund setup.Options include:

Core. Used to attach out of the box edit tests upon fund setupthrough the ADD_CC_TEST_FOR_START_ENTITY procedure.

Non-Core. Used to add customized edit tests to funds during thefund setup process.

None. Used to assign edit tests in the module after establishingthem. Assigning edit tests at the composite level (not fund level)is easier to maintain.


Control Center ProcessCenter

11407 This field specifies the Control Center Process Center code for theentity. The Control Center uses this code for queries and processesthat push edit test result data to the Status Map tables.



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Accrue Cash Balance Fields

Cash Sweep 4515 This field indicates whether Eagle Accounting performs cash sweeps.Options include:

Yes. Eagle Accounting sweeps the entity's uninvested cash

balance into a STIF (short term investment fund) security, If youselect Yes, Eagle Accounting displays the Lookup STIF IssueName and Lookup STIF Asset ID fields.

No. Default. Eagle Accounting does not sweep the entity'suninvested cash balance into a STIF security.


Lookup STIF IssueName

301 This field specifies the issue name of the STIF security associated withcash sweeps.

This field is required if you set Cash Sweep to Yes.

Lookup STIF Asset ID 364 This field specifies the primary asset ID of the STIF security associatedwith cash sweeps.

This field is required if you set Cash Sweep to Yes.

Tax Reclaim Fields

Accrue Interest TaxIndicator

3911 This field indicates whether Eagle Accounting accrues interest for taxwithholding and reclaims. Options include:

Yes. Eagle Accounting accrues interest for tax withholdings andreclaims on a daily basis.

No. Eagle Accounting does not accrue interest for taxwithholdings and reclaims on a daily basis. Instead, taxwithholdings and reclaims are calculated on the coupon paymentdate.

Note If you select Yes, you cannot set the Tax Accounting Methodfield to Gross Income because the Gross Income method ignores all

withholding tax on dividends and coupons.



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Tax Accounting Method 3912 (Required) This field specifies how Eagle Accounting processes taxwithholdings and reclaims on dividends and other interest transactions.Options include:

Gross Income Method. Default. Eagle Accounting ignores any

withholding tax on dividends or coupon entitlements, even ifapplicable tax rates are set up in tax tables. The gross amount ofthe dividend or coupon entitlement is posted as a receivable. Thereceivable is then relieved against the cash receipt on the couponor dividend pay date. You cannot select this value if you setAccrue Interest Tax Indicator (tag 3911) to Yes.

Gross Liability Method. Eagle Accounting generates both areceivable and a payable amount for the withholding tax. Areceivable is created at the gross amount of the dividend orcoupon entitlement less the amount of the reclaim. A separatereceivable is created for the reclaim amount, if any. A payable isalso created for the unrecoverable tax amount (tax expense).Eagle Accounting relieves both the payable and receivableagainst the cash receipt on the coupon or dividend pay date.

Net Method. Eagle Accounting generates a receivable at the net

income amount (gross income less withholding tax) and aseparate receivable for the reclaim amount, if any. The payablefor the tax expense is not created.

Entity Tax Type 3929 This field defines the entity's tax status and allows you to group entitiesfor tax accounting purposes. Eagle Accounting uses this value tocalculate tax withholding and tax reclaim rates. You can group entitiesby entity tax type, entity tax qualifier, or both. Options for this field areuser defined.

Eagle Accounting is installed with a set of values for this field. You canadd additional values for this field using the Add Code Value panel forthe ENTITY TAX TYPE Code Category.

Entity Tax Qualifier 3930 This field, used with the Entity Tax Type field, further defines theentity's tax status and allows you to group entities for tax reportingpurposes. Eagle Accounting uses this value field to calculate taxwithholding and tax reclaim rates. You can group entities by entity taxtype, entity tax qualifier, or by both. Options for this field are userdefined.

Eagle Accounting is installed with a set of values for this field. You canadd additional values for this field using the Add Code Value panel forthe ETAX QUALIFIER Code Category.


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Cash Div CashEntitlement Level

9922 This field specifies whether to use lots or positions to determine cashentitlements for cash dividends. Options include:

Position. Default. Eagle Accounting uses positions to determinecash entitlements for cash dividends.

Lot. Default. Eagle Accounting uses lots to determine cashentitlements for cash dividends.

Cash DividendDistribution

3928 This field specifies whether cash dividends are paid for corporateactions. It is used for Fund of Funds Distributions. Options include Yesand No.

Non Tax Merger CloseMethod

11495 This field specifies the method to use to close lots on the originalsecurity for non-taxable mergers. Options include:

Pro-Rata Method. Default. Eagle Accounting closes a portion ofall lots, ignoring lot selection methods.

Lot Selection Method. Eagle Accounting selects lots to closebased on the lot selection method found on the accounting basis.

Rights and WarrantsExpire Delay Days

4605 This field specifies the number of days to delay the expiration of rightsand warrants, allowing you to delay the maturity processing of rightsand warrants. The default is 0 (zero days).

Settlement Fields

Settlement ToleranceIncome

527 This field is used in income settlement processing and specifies theacceptable dollar amount tolerance when performing partial manualsettlements of income. During partial settlement, this field displays awarning if the difference between the actual settlement amount and thecontractual settlement amount exceeds the specified tolerance.

Settle Tolerance Trade 528 This field is used in trade settlement processing and specifies theacceptable dollar amount tolerance when performing partial manualsettlements of trades. During partial settlement, this field displays a

warning if the difference between the actual settlement amount and thecontractual settlement amount exceeds the specified tolerance.

Settle PercentTolerance Income

769 This field is used in income settlement processing and specifies theacceptable percent tolerance when performing partial manualsettlements of income. During partial settlement, this field displays awarning if the difference between the actual settlement amount and thecontractual settlement amount exceeds the specified tolerance.

You need to enter the value in this field as a whole number.

Settle PercentTolerance Trade

770 This field is used in trade settlement processing and specifies theacceptable percent tolerance when performing partial manualsettlements of trades. During partial settlement, this field displays awarning if the difference between the actual settlement amount and the

contractual settlement amount exceeds the specified tolerance.You need to enter the value in this field as a whole number.


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Cash SuspenseProcessing

3950 (Required) This field indicates whether Eagle Accounting performscash suspense processing. Cash suspense processing is started whenEagle Accounting attempts to settle transactions that do not match(Eagle Accounting cannot find a receivable or payable to settle).

Options include: Yes. Eagle Accounting performs cash suspense processing. If

the transaction is not found, Eagle Accounting posts an entry tothe cash suspense account. If you select Yes, the ReplaySuspense Activity field becomes available.

No. Eagle Accounting does not perform cash suspenseprocessing. Eagle Accounting flags the unmatched transactionsas errors and sends them to the Workflow Manager for review.

Replay SuspenseActivity

12074 This field specifies whether to activate the procedure that matches upa trade cancellation with the settlement, reverses the settlement, andreplays the matching process. If there is no match, the item is postedinto suspense. This can also apply to corporate actions. Optionsinclude Yes (Default) and No.

Cash Breakage Election 12071 (Required) This field indicates whether breakage activity is posted tothe income account (3009000200) or both the principal account(4002000300) and income account. Options include:

Income (Default)

Both Principal and Income

Period Close Fields

Accounting Period Rule 2300 (Required) This field determines how to assign the date EagleAccounting uses for an accounting date if the accounting period isclosed. By default, Eagle Accounting uses the next open accountingdate. Options include:

System Default. Default. Uses the next open accounting datewhen attempting to book a transaction to a closed accountingperiod.

Entity Group

Entity

Eagle Accounting is installed with a set of values for this field. You canadd additional values using the Add Period Close Rule panel.

If you select Entity Group, the Accounting Date Rule Group fieldappears.

Accounting Date RuleGroup

4303 This field is required only if you set Accounting Period Rule (tag 2300)to Entity Group. This field is used to derive accounting date rules for allbusiness transactions for a set of entities, which belong to a group.

To use this functionality, you must set up a code, PERIOD CLOSE

GRP, and store the group names in the Code Values table. An entitycan belong to only one group.


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Forward Fields

Forward Position ByBroker

3913 This field indicates whether to use the broker code to distinguishforward contracts made with a different broker but the same two

currencies and maturity date. Options include: Yes. Eagle Accounting uses the broker code. If the broker is

unique on each transaction, Eagle Accounting creates a newsecurity master record for each forward trade with the samesell/buy currency and maturity date.

No. Eagle Accounting does not use the broker code. EagleAccounting does not create a new security master record foreach forward trade with the same sell/buy currency and maturitydate.

Forward Close Eligible 3924 This field, used in forward processing, indicates whether the entityallows closes of forward contracts. Options include:

Yes. Eagle Accounting allows closes of forward contracts prior tomaturity. Eagle Accounting closes open forward contracts by

offsetting forward contracts. No. Eagle Accounting holds all forward contracts until maturity.

Eagle Accounting records separate long and short positions foroffsetting forward contracts.

Forward SettlementCurrency

3926 This field specifies the settlement currency to use for closing a forwardcontract. Eagle Accounting creates receivable and payable recordsbased on the value in this field.

Forward Security Exists 675 This field indicates whether you must add the forward contract to thesecurity master file prior to booking a forward trade. A forward contractis a type of foreign exchange transaction whereby a contract is madeto exchange one currency for another at a fixed date in the future at aspecified exchange rate. Options include:

Yes. You must add the forward contract to the security master fileprior to booking a forward trade.

No. You do not need to add the forward contract to the securitymaster file prior to booking a forward trade. Eagle Accountingcreates two security master records, one for each leg of theforward contract, when you book the trade.

Futures Fields

Net Futures Positions 632 This field indicates whether you can book short future trades. Optionsinclude:

Yes. Eagle Accounting does not allow you to book short futuretrades. All futures transactions are processed in one net positionby the clearing broker.

No. Eagle Accounting allows you to book short future trades. Thisvalue allows an entity to be long and short in one futures position.If this field is set to No, you cannot book open or close shortfuture trades.

For more information about the fields in this section, refer to theDerivatives User Guide.


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Futures Clearing BrokerCode

634 This field allows you to specify a clearing broker code for settlingvariation margins.

You can override this field by adding a value in the Clearing BrokerCode field on the futures trade panels.

Future Cost LedgerMethod

641 This field specifies how Eagle Accounting records the futures cost inthe general ledger. Options include:

Core. Default. Eagle Accounting posts a variation margin. Nocost is recorded for the future transaction and commission isincluded as part of the cost and not paid out separately.

UK. Eagle Accounting posts an unrealized gain loss. EagleAccounting records the cost of the futures and commissions arepaid right away.

Options Fields

Net Option Positions 639 This field indicates whether you can process write and buy coveroption transactions. Options include:

No. Eagle Accounting allows you to book write and buy coveroptions.

Yes. Eagle Accounting does not allow you to book write and buycover options.

For more information about the fields in this section, refer to theDerivatives User Guide.

Options and FutureExpire Delay Days

12101 This field specifies the number of days to delay the expiration ofoptions and futures to delay the maturity processing of options andfutures. The default is 0 (zero days).

Caps/Floors Fields

Net Cap Floor 5830 This field determines how Eagle Accounting stores cap/floor contracts.

Options include:

Yes. Eagle Accounting stores one net cap or floor position. Anentity can be either net long or net short in the same Cap/Floorsecurity master record.

No. Eagle Accounting stores separate long and short positions.An entity can have both long and short position in the samecap/floor security master record.

For more information about caps/floors, refer to the Fixed IncomeProcessing User Guide.

Entity Level Engine Routing

Entity Engine Number* 4623 Engine Number code value.

*Not available in V10.1. Available only starting with V10.1.1

Entity EngineDescription*

7025 The entity engine description.

*Not available in V10.1. Available only starting with V10.1.1


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Partition Assignment

Entity PartitionAssignment

1334 (Required) If you use database partitioning, this field specifies thesegment of the database where you store the entity transactions.

Entity partitioning is used for strategic high volume clients that requirepartitioning of the ESTAR database schema. Eagle clients that do not

use partitioning can use the default value of 1.


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Chapter 3: Adding Multiple Accounting Bases

This chapter describes how to create entities with multiple accounting bases. After you create abasic entity or a mutual fund entity and define its primary accounting basis, you can associateadditional accounting bases with that entity.


About Multiple Accounting Bases

Adding an Additional Accounting Basis

Add a Basis to a Portfolio Panel Description

Adding an Accounting Period for an Accounting Basis

About Multiple Accounting Bases

An accounting basis is the conceptual framework that you adhere to for resolving your accountingand reporting issues. Eagle Accounting uses the accounting basis to determine the properaccounting treatment and valuation of the securities held by an entity.

Eagle Accounting is a multiple bases accounting system, allowing you to report on an entity usingdifferent accounting treatments. For example, you can set up a primary accounting basis withwash sales disabled and an additional accounting basis with wash sales enabled, allowing you toreport on transactions with or without wash sales. The following fields often differ acrossaccounting bases:

Lot Selection Method

Cost Method

Primary Amortization/Accretion Rule

Bifurcation Method Base Currency

Short Term Discount Accrual

Eagle Accounting maintains a separate set of books for each accounting basis and transactionsare processed against each defined basis. To ensure accurate reporting, set up any additionalaccounting bases prior to booking transactions to the entity.

When you set up a basic entity, Eagle Accounting creates a primary accounting basis using thevalues in the Accounting Basis and Primary Basis Indicator fields on the Add Entity panel. Youcan then add the additional accounting basis using the Add a Basis to a Portfolio panel.

Note: As a best practice, Eagle recommends that you use the Add a Basis to a Portfolio

panel to also add a secondary basis or additional bases to a master fund. For moreinformation, see the Adding Multiple Accounting Basessection in the AccountingMutual Funds Configuration Guide.


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Adding an Additional Accounting Basis

The Add a Basis to a Portfolio panel allows you to add an additional accounting basis for a basicentity

1. You can use the Change a Basis to a Portfolio panel to make changes to the settings for

an entity/accounting basis.

To add an additional accounting basis to a basic or mutual fund entity:1. From the Eagle STAR main window, click the Ledger category.

2. Under the Accounting Basis menu, select Add a Basis to a Portfolio.

The Add a Basis to a Portfolio panel appears. See Figure 4.

Figure 4: Add a Basis to a Portfolio Panel

3. In the Ledger Accounting Books section, select the entity with the accounting basis you wantto add.

4. Select the accounting basis you want to add for that entity and complete the fields on the Adda Basis to a Portfolio panel for the entity/accounting basis combination.

A description of each option on the Add a Basis to a Portfolio panel follows at the end of thissection.

5. Click Submit. You have added an additional accounting basis.

6. Click Close. You return to the Eagle STAR main window.

1You can also use the Add a Basis to a Portfolio panel to add an accou

Documents

Accounting Basic Entity Configuration Guide V10.1