Issue/Question

When I process the LEP to CLW script takeover corporate action there is a negative resultant book cost for LEP. How do I process this corporate action in Class?

Resolution/Answer

The suggested workaround is to:

1. Process a Capital Call event (via Transactions > Investment Corporate Actions> Capital Call) for the negative book cost amount
2. Create a custom holding account, and then process a Realised Accounting Gain event (via Transactions > Fund Expense > Realised Accounting Gain/Loss event)
3. Match the 2 events above to remove the negative cost base
4. Then process the corporate action event.