Run Revenue Share

When you receive a statement from your investment institution you will need to create a Statement Voucher to itemize the Gains, Losses and Fees. Once you've completed this step for all investment, and banking accounts, you can run Revenue Share to share the percentages between Funds. To Run Revenue Share: Navigate to Revenue Share from the Home page...

Revenue Share Overview*

CommunitySuite  allows foundations who manage funds in investment pools to share investment revenue, losses, and fees on a monthly, quarterly and yearly basis. Share the gains, losses and/or fees from your investment or banking account with all of the Funds that are held within a pool. Set up your investment accounts in Accounts (this is usually com...

Unposted Expenses*

With some voucher expenses, you need to tell the system how to spread out those costs. Go to the Revenue Share section and look for Unposted items Select the ID number of the item that has a red Unposted in the Transaction ID column If you click the ID number (eg. 1044) of the unposted item you will notice there is a red option to "Set Share Details...

Adjustments & Revenue Share*

If your investment company makes an adjustment to your statement you will need to recalculate your Revenue Share and re-run the Revenue Share process to reallocate the adjusted balances to your funds. To Adjust one Statement Voucher: Go to Accounts In your list of Accounts find and select the hyperlinked Account Vendor (eg. Schwab) Choose Vouchers f...

Re-Run Revenue Share*

If Statement Vouchers or transactions were edited, you will need to re-run the Revenue Share process. Return to Revenue Share from the Home page Select Create Choose the date range If the numbers look accurate, select Next The transaction will be unposted, select the Revenue Share ID number (eg. 1049) Review the allocations and the Funds within the ...

Revenue Share Parent*

Set up your system to modify Revenue Share options by assigning a Revenue Share Parent to a Fund. This is another way to share gains and losses in your managed Funds. In Accounts, Revenue Share Parent allows you to link an account to an investment pool for Revenue Share calculations. When you set a Revenue Share Parent the system will update all Fun...