The Investments tab stores default accounts that apply by Fiscal Year to Investment/Treasury Accounting functionality for both Basic and Advanced Investments. This tab is only found on the Special Fund Accounts page. The reason for only being on that reference page is that all options for Investments are recorded to each pool fund setup.
Sub account fields are always optional, even if the primary account is required by other system configuration.
The following table displays default accounts in alphabetical order.
Default |
Description |
Accrued Interest Receivable Account |
The asset account used when recording investment interest accrued. |
Cash Account for Pooled Cash |
The cash account to be used to record pooled cash rather than the default from bank setup. |
Cash Sweep Event Type |
The event type used by the Cash Sweep Process. |
Consolidation Option for JVSW Pool Fund Entries |
An indication used by the Cash Sweep Process to consolidate the lines for pool into just two accounting lines. When not consolidating there will be a pair of pool accounting lines for each participant account. The Line Description field on those pool accounting lines will contain the Fund, Sub Fund, Cash BSA, and Sub BSA of the participant. That information will be written to the Accounting Journal for reporting purposes. |
External Interest Disbursement Event Type |
The event type used by the Interest Allocation Process when creating payment requests for external participants of income earned and not reinvested. |
Internal Interest Disbursement Event Type |
The event type used by the Interest Allocation Process for interest allocation that will be reinvested in the next Cash Sweep. |
Pool Fund Bank Account |
The bank used with the pool fund on the Pool Fund Cash Investments (PFIE) transaction. |
Pool Fund Equity Account |
The equity account used to offset cash that is swept into the pool fund. |
Revenue Source for Investment |
The revenue source used to record investment revenue into the pool fund. |
Unamortized Discount Account |
The asset account used when an investment is purchased and the interest rate is below comparable investments. |
Unamortized Premium Account |
The asset account used when an investment is purchased and the interest rate is above comparable investments. |
Wash Bank Account |
The bank used on the journal vouchers that sweep cash from the participatory fund to the pool fund and allocate interest income from the pool fund to the participatory funds. |