Error in exception report:
ECPI Calculation Method Changing - The total interim Distributions for xxx do not equal the Final Distribution for ECPI method Deemed Segregated.
An example of the error is shown below
This happens when the fund ECPI method changes during the year.
As the Annual Tax Statement is generally entered as at 30 June, in this case, part of the tax may be exempted.
The resolution of this issue depends on whether a manual or automated Tax Statement was used.
Option 1: Automated Tax Statement
Option 2: Manual Tax Statement
Automated Tax Statement
Navigate to Fund Level > Periodic Processing > Tax Statement Console
- Click on the "round button" to the investment
- Click on View
- From the pop-up screen, click on Edit
- Tick the checkbox to "Use Distribution Date"
- Submit the event
Manually processed Distribution - Tax Statement
You will need to manually proportion the Tax Statement into distribution frequency, refer to the article, Break down Distribution - Tax Statement event to go with each distribution event
For information on how to resolve other exception errors you can refer to Exception Report: Error messages