Manage Fee Transactions

Introduction

A Fee Transaction records the actual application of a charge to an account or portfolio. It represents the execution of a fee event, reducing the account’s cash balance or adjusting a specific security position, depending on whether the fee is Cash-assigned or Security-assigned.

Permission Requirement

Platform Name	Permission Level
Transactions (tab)	View, Modify, Create, Delete

Manage Fee Transactions

Go to Transactions > Find Transactions tab > Click + Icon

Or,

Go to Portfolios > Find Transactions tab > Click + Icon

A window appears. Search/Select your Transaction type.
Click Create + to proceed.

A form opens, fill in all the required fields(*).

Detailed Fields Explained Here:

Field	Description / Options
Bank Account	Select the bank account from which the fee will be processed. Autofills in case creating from Portfolios.
Trade Time (*)	Enter the time at which the fee is recorded.
Value Date (*)	Date on which the fee becomes effective for accounting and PnL.
Sub Type	Options are: Credit INCENTIVE REIMBURSEMENT RETROCESSION Debit ADMINISTRATION ADR_FEE AMENDMENT_FEE BROKERAGE BROKERAGE_MARKUP_ADJUSTMENT CASH TRANSFER_FEE COMMISSION CONSENT CUSTODY DEPOSITORY EXCHANGE_FEE EXECUTION EXPOSURE_FEE HANDLE_FEE INTEREST_CALCULATION LEI MANAGEMENT MARGIN OPERATION OTHER OVERNIGHT_POSITION_FEE PAYOUT REVENUE SERVICE_CHARGE_CALCULATION SETTLEMENT_FEE STOCK TRANSFER_FEE SUCCESS WITHDRAWAL_FEE
Assignment Type	Defines how the fee impacts the account: Cash – Deducts the amount from the cash balance. Security – Links the fee to a chosen security.
Currency (*)	Select the currency in which the fee amount is calculated.
Amount (*)	Enter the fee amount to be deducted.
Instrument (*)	Required only if Assignment Type = Security. Select the specific security for the fee.
Balance	Shows the current balance of the selected bank account (read-only).
Commission	Optional additional charge or commission associated with the fee.
Description	Add notes or comments.

🔗 Learn here on how to fill in the Additional Info.

Once filled, click Save or to discard click Close.
Upon saving, a pop up message appears.

Click on Check Transaction Details to Edit details or click on Create Another Transaction.

Once saved, the transaction is created and will appear on the list.

To further Edit/Approve/Match the transactions. Click on three-dots menu to proceed or double click on the row.

🔗 Learn more on how to Manage Transactions or Match Transactions.

Post-Matching Behavior for Fee Transactions

PnL Impact
- Cash Assignment: Cash PnL is updated to reflect the fee amount.
- Security Assignment: Security PnL is updated for the assigned instrument.
- Security balances or positions are updated accordingly.
Portfolio and Cash Updates
- Cash balances decrease for cash-assigned fees.
- Security positions reflect the fee deduction if assigned to a security.