Create Automated Cash Investment Transactions Process

The Create Automated Cash Investment Transactions process directs the system to examine the cash balance for the KEMID and determine how many shares of pooled funds are to be purchased if the balance is greater than zero or sold if the balance is less than zero. Each investment is based upon the investment model that has been designed by your institution and stored in the Automated Cash Investment (ACI) Model e-doc for the KEMID. In this e-doc, each KEMID may have one unique model for investment of principal cash and one unique model for investment of income (spending) cash. Each model may split the investments into up to four separate pooled funds designated by your institution.

Based on information in the KEMID's Automated Cash Investment (ACI) Model e-doc, this process instructs the system to generate transactions as needed.

      If the KEMID has excess cash equivalents (including cash) available, the system generates Asset Increase (EAI) e-docs to reduce the cash balance for the KEMID and increase the units held of the pooled funds in the model definition.

      If the KEMID current cash equivalent balance is less than zero, the system generates Asset Decrease e-docs (EAD) to increase the cash balance of the KEMID and reduce the units of pooled funds held.

This process must be run daily to review your institution's ACI models and determine whether further asset increase or decrease processing is required. In the overall batch processing sequence, this process must be run after all processes that generate transactions affecting cash balances are complete and the balances are updated. It must be run before the Create Cash Sweep Transactions process and the Create Pooled Fund Control Transactions process. Because this process generates transactional e-docs, the batch sequence must include a run of the Post E-Docs process after this process has run to completion.

Each Asset Decrease and Asset Increase e-doc created by the Create ACI Transactions process includes:

      A document header that includes the standard description defined by your institution for this type of document.

      A transaction sub-type of Cash (C).

      A transaction source type of Automated Entry (A).

      References a single security (pooled fund) record.


Cash Equivalents Calculations

Cash Available and Cash Needed Calculations