Types of Asset Accounts

Of the three asset accounts in Funding Options, Marketable Securities (v2010.00) and Excess Marketable Securities (v2015.00) are short term investments, while Long-Term Funding Asset (v2460.00) is a long-term funding instrument. Both investment accounts can be modeled with respective interest income amounts.

Marketable Securities

You can designate Marketable Securities as a funding source (deficit account). The account is used, with unused internally generated funds, to repay debt early. Marketable Securities can accumulate excess funds, (cash surplus account). Set Marketable Securities to a Surplus and/or Deficit account by clicking in the Surplus and/or Deficit columns. Select the funding source and order of use in the Apply Cash Surplus to... and Fund Cash Deficit with... sections.

Excess Marketable Securities

Excess Marketable Securities is the last use of funds in case of cash surplus. When all funding instruments are reduced and there are funds remaining, Excess Marketable Securities accumulates excess funds. This account also acts as the first funding source under the default setting in case of cash deficit.

Similar to Long-Term Debt: Excess, most attributes related to this account are unchangeable. Excess Marketable Securities cannot be subaccounted. It has an unlimited maximum. A minimum balance cannot be specified and the Apply Cash Surplus to... and Fund Deficit with... orders cannot be changed.

Long-Term Funding Asset

The Long-Term Funding Asset account can be used to model intercompany funding or a long-term asset that might be liquidated for funding purposes. Long-Term Funding Asset can be a Surplus and/or Deficit account by clicking in the respective Surplus and/or Deficit columns. Select the funding source and order of use in the Apply Cash Surplus to... and Fund Cash Deficit with... sections.