Default distribution options

You can enforce matching to take place on a cash distribution before allocating the distribution, and you can setup the default distribution option on a product or override it on a contract. Please see below the steps to configure.

Enforce matching before allocating a distribution

On a cash distribution or a cash instrument with a unit distribution, there is an option to ensure the distribution funds received are matched before allocating the distribution.

This can be set on the System>- Configuration> under the Defaults section, select “Should match distributions before allocating?”.

Note: This will not apply to unitised instruments with a unit distributions

If this option is activated an error message will appear if attempting to allocate the distribution prior to matching

Example of error:

Setting the default distribution option on a product

The options available are:

Leave Distribution in Cash
Payout Distribution
Reinvest Distribution

When a new contract is created in the product, the default Distribution option as set on the product will be applied to the contract.

Contract Details card->View Details

The default can still be overridden on a specific contract.

Also see Distribution Options

Last Updated on 3 weeks ago by Adrienne Dill