The distribution process apportions a number of units, or an amount, amongst the members invested in an investment portfolio, according to the distribution detail captured for an effective date and for an investment portfolio.
The way in which the apportionment is performed is determined by the rules set up in the distribution structure at a global data level.
Log in to the system from the Logon page.
Click
The Welcome screen will be displayed.
From the main menu on top, select System Rules. The System Rules screen will be displayed.
Select Distribution Structure from the sub-menu on the left.
The JU3AF Distribution Structure List screen will be displayed.
The current rules applicable for each type of distribution are displayed. Select a type of distribution, then click OPEN. The JU3AF Distribution Structure Detail screen will be displayed.
These screens define accounting activities currently defined for the distribution types selected.
For a more in depth explanation, refer to
Processes
Distribution