The Investments tab on the Special Fund Accounts (SPECFUND) page is keyed by Fiscal Year, Pool Fund, and Pool Sub Fund. The accounts on this tab of SPECFUND cannot be automatically inferred to accounting documents outside of the Treasury Accounting subsystem.
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Field |
Description |
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Fiscal Year |
The required year used to define the SPECFUND record. Changes to accounts between years should be considered before making a change as prior balances will still exist in older accounts. Reports may also need to be updated. |
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Pool Fund |
The fund code used by investments to record all cash centrally. A fund selected for this field must be indicated as the Pool Fund on the Fund page. |
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Pool Sub Fund |
The Pool Sub Fund can be a valid code from the Sub Fund (SFUND) page or the field can be set to ’BLNK’, meaning that all documents created for that pool will have the Sub Fund field blank. The field cannot be null. |
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Revenue Source for Investment |
The default revenue source code used to record investment revenue into the pool fund. |
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Accrued Interest Receivable Account |
When an investment accrues interest that is to be allocated later, the system infers the Accrued Interest Receivable balance sheet account. The account must be an asset account and cannot be a memo account. |
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Unamortized Premium Account |
When an investment is purchased and the interest rate is above comparable investments, it is considered to be issued at a premium. This Unamortized Premium balance sheet account is used to record that amount. Any value entered must be an asset account and cannot be a memo account. |
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Unamortized Discount Account |
When an investment is purchased and the interest rate is below comparable investments, it is considered to be issued at a discount. This Unamortized Discount balance sheet account is used to record that amount. Any value entered must be an asset account and cannot be a memo account. |
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Cash Account for Pooled Cash |
The balance sheet account to be used to record pooled cash rather than the default from the bank table. The balance sheet must be an asset account, marked as cash, and cannot be a memo account. |
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Pool Fund Equity Account |
The balance sheet account used to offset cash that is swept into the pool fund. The balance sheet must be an equity account and cannot be marked as cash or a memo account. |
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Pool Fund Bank Account |
The bank code associated with the pool fund. A separate bank account code was made available so that it could be used in place of the actual bank account for the pool fund on the Fund page. This bank is inferred to the Pool Fund Cash Investments document (PFIE is the delivered document code). |
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Wash Bank Account |
The bank code 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. |
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Last Run Date for Cash Sweep Process |
A display only field that records the last day that the Cash Sweep process was successfully run for a pool fund. |
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Consolidation Option for JVSW Pool Fund Entries |
An indication that when selected will cause the 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. |
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Internal Interest Disbursement Event Type |
The event type to be used when journal vouchers are created by the Interest Allocation chain for internal and external participants. The application is delivered with one event type defined for this purpose – IV03: Interest Allocation. It should be the value chosen unless a customized event type has been setup for allocating investment interest to internal participants. |
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External Interest Disbursement Event Type |
The event type to be used when general accounting expenditure documents are created by the Interest Allocation chain for external participants. The application is delivered with one event type defined for this purpose – IV05: Authorize External Participant Interest Payment. It should be the value chosen unless a customized event type has been setup for allocating investment interest to external participants.. |
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Cash Sweep Event Type |
The event type to be used when journal vouchers are created by the Cash Sweep chain. The application is delivered with one event type defined for this purpose – IV04: Cash Sweep. It should be the value chosen unless a customized event type has been setup for sweeping cash. |