How to set up a New Cash Account for Asset Rebalancing

To set up a new checking account for asset re-balancing do the following:

1. Create a new Master Chart record for the new account

   Maintain the Master Chart of Accounts
 

2. Add the new account via the mass add tool for the appropriate Funds.

Mass Add/Delete General Ledger Accounts
 

3. Create a pool record and un-check the create fund level entry option.  

• Remember to add the gl asset account.

How do I make a new pool in FIMS?

4. Check the Asset strategy codes to see if they need modification to include the new checking account and remove an old one if needed.

Asset Strategy Codes (Funds)
 

5. Set strategy targets tool should be run to reset the funds

Setting Asset Strategy Targets
 

See also: