GainLossCalculation Rule

This rule is usually configured at the plan level or the transaction level. Gain/loss is the gain or loss incurred by a company when a financial activity buys and/or sells variable fund units. This rule determines whether or not the system should calculate Gain/Loss for back-dated activities. For example, if an activity was processed on a date that is a couple of days after the effective date of the activity, then the difference in the unit price would be calculated as a gain or loss to the company.

There are two columns in the AsValuation table that are used to store Gain/Loss information.

  • ValuationGainLoss: ValuationGainLoss is populated during forward activity processing.

  • GainLossOnShadow: GainLossOnShadow is populated when a financial activity is reversed.

XML Schema 

<GainLossCalculations> [Yes|No]</GainLossCalculations>

Steps to Configure the GainLossCalculation Business Rule

  1. Navigate to the Global Rules Explorer.

  2. Expand the Business Rules | System | GainLossCalculation folders.

  3. Check-out the GainLossCalculation.xml file or create a plan or transaction level override of the rule.

  4. Configure the business rule.

  5. Check-in the rule to save the changes to the database.

GainLossCalculation rule in the Global Rules Explorer

GainLossCalculation Rule in Global Rules Explorer