Home > Investment > Take-on of MV for Bonus Funds with MV Adjustments (Investment)
Any market values and units that need to be taken-on must be done using the bulk journal file upload facility.
Refer to
Processes
File Transfer
File Layouts
Upload Bulk Journal File
There are 2 methods:
- Load the market value on the INVSTMEMMV account and then let unitisation calculate the number of units. Ensure that it is loaded with the correct date so that the correct price is used to calculate the units.
- Load the market value and units to the INVMEMMVUNIT account. The following accounting activity must be used:
|
Process |
MANUAL INITIATE |
|
Accounting Activity |
MEMINVMVLOAD |
|
Description |
LOADING OF MARKET VALUE AND UNITS FOR MARKET VALUE ADJUSTED BONUS PORTFOLIOS |
|
Stakeholder |
MEMBER |
|
Purpose Class |
MEMBER |
|
Debit |
INVMEMMVUNIT |
|
Credit |
INVMEMMVCTRL |