How to add a TBAR event from an external fund to track the Transfer Balance Account in Class.
You can process a manual TBAR event to track the transfer balance account or, for first-year loaded fund in Class, it can be picked up by the Excel Fund Loader.
To process a manual TBAR event:
Navigate to Fund > Periodic Processing > TBAR Console
- Click on "Manual TBAR Event"
- Select the event type, tick "Adjustment"
- Select the member
To apply Excel Fund Loader:
Navigate to the Excel Fund Loader > TBAR History tab
You are required to fill out the TBAR information in the pink cells.
The screenshot below is an example.
Note: For a Limited Recourse Borrowing Arrangement, no specific account is required. This event is to track the total transfer balance.
Our User Guide provides more details on the Manual TBAR Event.