3.18 Process Adhoc Price Dates Maintenance Detail

This topic provides the instructions to invoke adhoc price dates maintenance screen details.

To set up adhoc price dates for any transaction types mapped to a fund, use the Adhoc Price Detail screen. The system allows you to maintain adhoc price date as any back date provided this back-date is greater than the last fund price date.

Note:

You will be allowed to enter adhoc price dates for funds for which you have maintained a specific fund price date. This is irrespective of whether or not you have indicated Forward Pricing is applicable.

1. On Home screen, type UTDAHPRM in the text box and click Next.
   The Adhoc Price Detail screen is displayed.

   Figure 3-26 Adhoc Price Detail

   
   

   
   Description of "Figure 3-26 Adhoc Price Detail"

   
   
2. Select New from the Actions menu in the Application tool bar or click New icon to enter the details of the adhoc price maintenance.
3. On Adhoc Price Detail screen, specify the fields.

   For more information on fields in the screen, refer the below table.

   Table 3-42 Adhoc Price Detail

   Field	Description
   Fund ID	Alphanumeric; 6 Characters; Mandatory Select the Fund ID of the fund for which ad-hoc price dates have to be maintained, from the option list provided.
   Fund Identification Number	Display Select the Fund Identification Number of the fund for which ad-hoc price dates have to be maintained, from the option list provided The Fund Identification Number of the fund you have chosen will be displayed when you choose the Fund ID. You could, alternatively, choose the Fund Identification Number of the fund and the Fund ID will be displayed.
   Fund Name	Display The system displays the description for the selected Fund ID.
   Adhoc Price Date	Date Format; Mandatory Select the Adhoc Price Date from the adjoining calendar. The date you enter cannot be earlier than Application Date, and the Next Price Date maintained in the General Operating Rules screen.
   Transaction Type	Alphanumeric; 2 Characters; Mandatory Choose the transaction type for which you want to maintain adhoc price dates.
   Transaction Name	Display The system displays the name of the selected Transaction Type.
   Cut Off Days	Numeric; 5 Characters; Optional Enter the number of days after the price date beyond which the price date is moved to the next specific pricing cycle.
   For Reporting?	Optional Check this box to indicate the date entered is to be used for reporting purposes only. In this case, this date will not be used for the subsequent price date calculation. Note: You can check more than one Delete? box and then click on the link Delete. Click on the link Add to add to the transaction types for which you are maintaining the adhoc price date. Click Ok button to save. If the new back dated price date is a fund/ fund price holiday, the system will automatically mark this day as a working day during the authorization of the adhoc price. The case will be applicable in a case where the adhoc price is a fund/fund price holiday only and not AMC/ system holiday. Any un-allotted transactions in the system for which price date is greater than the new back date price date, the system will re-compute the following information for those trades price date, settlement date and dealing date. Due to this price date change the impact is propagated to dealing date and settlement date in the system. For the new back dated price date, the system will consider the cut off days if maintained and this will be on calendar as maintained in the fund rules (price date calendar basis) If multiple back date adhoc prices are maintained, the system will consider the first adhoc price date irrespective of the price sequence maintenance. For cases where there is auto generation of prices if there is a back dated adhoc price maintenance, then on authorization of the back dated adhoc price date (UTDAHPRM), the system will delete the auto generated prices from the adhoc price date. On authorization of the new price (using UTDFPRIC) for the back dated adhoc price date; the system will regenerate the deleted prices.