12. Allocation Details

This chapter contains the following sections:

• Section 12.1, "Allocation Details"

12.1 Allocation Details

This section contains the following topics:

• Section 12.1.1, "Invoking Allocation Details Screen"
• Section 12.1.2, "Fund Transactions Tab"
• Section 12.1.3, "Allocation Details Tab"
• Section 12.1.4, "Fee Details Tab"

12.1.1 Invoking Allocation Details Screen

The following are the steps you need to follow to enter and save Allocation Details. Each of these steps is explained in detail in subsequent sections.

1. Invoke the Allocation Details screen.
2. Enter information in the Allocation Details screen.
3. Save the information entered.

You can invoke the ‘Allocation Details’ screen by typing ‘LEDPLALC’ in the field at the top right corner of the Application tool bar and clicking on the adjoining arrow button.

 

Select ‘New’ from the Actions menu in the Application tool bar or click new icon to enter the details of the Allocation Details.

You can specify the following fields in this screen:

Product ID

Alphanumeric; 10 Characters; Mandatory

Select the product ID from the option list.

Policy Number

Alphanumeric; 16 Characters; Mandatory

Select the Policy Number from the option list.

Transaction Type

Alphanumeric; 2 Characters; Mandatory

Select the transaction type from the option list.

Policy Txn Number

Alphanumeric; 16 Characters; Mandatory

Select the policy transaction number from the option list.

Allotted?

Mandatory

If you want to allot allocation, select ‘Yes’. Else ‘No’.

Transaction Amount

Display

The system displays the amount applied for the transaction.

Date of Allocation

Display

The system displays the date of allocation.

Gross Amount

Display

The system displays the Gross Amount.

Switch In Gross Amount

Display

The system displays the Switch in Gross Amount for Switch in Fund.

Net Investible Amount

Display

The system displays the Net Investible amount.

Click ‘Fetch Allocation Details’ button to specify the Fund Transactions, Allocation Details and Fee Details.

12.1.2 Fund Transactions Tab

 

Fund Transactions

The system displays the following values:

• Transaction Number
• Fund ID
• To Fund ID
• Amount
• Date of Allocation
• Gross Amount in FBC
• Net Amount in FBC
• Settlement Amt Txn Ccy

12.1.3 Allocation Details Tab

 

Allocation Details

The system displays the following values:

• Allotted Units
• Confirmed Units
• Unit Price
• Base Price
• Allocation Price
• Load Amount
• Unit Cost
• Price Date

Switch In Allocation Details

The system displays the following values:

• Allotted Units
• Confirmed Units
• Unit Price
• Base Price
• Allocation Price
• Load Amount
• Unit Cost
• Price Date

12.1.4 Fee Details Tab

 

Load Details

The system displays the following details:

• Transaction Number
• Fund ID
• Load ID
• From Entity
• To Entity
• Load Amount
• Load amount in fee currency

Note

If load is applied at product level, the policy transaction amount gets converted in terms of product base currency, while computing the amount slabs. The transaction amount in product base currency is calculated using the latest available exchange rate for the default source.

If exchange rate is not available for the currency pair, the allocation fails.

Derived Fee Details

The system displays the following details:

• Transaction Number
• Fund ID
• Load ID
• From Entity
• To Entity
• Load Amount
• Load amount in fee currency