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Calculate management and performance fees

FA allows you to calculate management and performance fees from your clients' portfolios. The following instructions describe how you can calculate fees and handle settlement dates. The instructions assume you have already configured the fee calculation as described in Configure a fee formula.

Calculate fees

To calculate fees for multiple groups, contacts, or portfolios, do the following:

  1. Go to the Fees and interests view and click New fee/interest calculation.

  2. Select Fee calculation in the dropdown field.

  3. Fill in the fields:

    • Calculation date. Define the fee calculation date.

    • Transaction type. Select "Management fee (MFEE)" or "Performance fee (PFEE)", depending on what fee you want to calculate and the fee type you have configured in the system (see Configure a fee formula).

    • Groups, contacts, portfolios. Select the applicable groups, contacts, or portfolios to calculate the fee.

  4. Click Run & close. You are presented with the calculated fees. If the list is correct, accept the fees by clicking Accept and run.

You can also calculate fees for a single portfolio in the Overview by right-clicking on the portfolio and then clicking Fee calculation.

Set the settlement date

  1. Go to the Transactions view and open the Transactions without Settlement date tab at the top. Make sure the list only contains transactions you want to set a settlement date for.

  2. Click Modify transactions at the bottom.

  3. Double check that the list contains the correct transactions and then click Next.

  4. Select the option "Set settlement date" and click Next.

  5. Define the settlement date and click OK.

  6. Verify the list is correct and click OK to save the settlement date.

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