GainLossCalculation

Description

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

 

Additional Information

There are two columns in AsValuation table that are used to store gain/loss information:

 

GainLossCalculation Element and Attribute Table

Element/Tag

Definition

Attribute

Element/Attribute Value and Description

<GainLossCalculation>

The opening and closing tag for the business rule.

 

Required element value;

 

Yes:  GainLoss will be calculated.

No: GainLoss will not be calculated.

 

XML Example

<GainLossCalculation>Yes</GainLossCalculation>