How to Transfer Book to a New Pool

Steps to move both book and market, where book differs from market into a pool.

1.        Put in the journal entry to move the assets into the pool and post.
2.        Reconcile and run pool allocation processing so that it assigns units to the transaction.
3.        Update the cost for that transaction.
4.        Subtract the difference, or add if cost is higher than market, between cost and market from the realized and put the add the equal but opposite number to unrealized.
5.        The rerun pool allocation processing.

Setup. ·  

• Pool must o   
• Use Book Balances o   
• Processes Unrealized checked. o   
• Book Adjustment on Sale. ·         
• FACTS System Option Realized_Sell_On_Average_Book must be anything but No ·         
• Unit Feature must be turned on. ·         
• If the pool has any negative book balances, then there could be wild swings between realized and unrealized for many funds.