Edit the Benefits Schedule - HTC
Note
For most organizations, UT Actual Credits and UT Actual Losses will be hidden on deals because you can view income/loss at the fund-level.
The Edit Benefit screen is where you can manually enter benefit values (for values that are not calculated). A number of calculated fields can be overridden on the screen.
Tip
ProLink includes data views to help report on benefits across the portfolio:
Deal Benefit Schedules
Deal Benefit Schedules - Owners—Displays a row for each deal owner benefit year, allowing you to report on benefit schedules by owner entity per deal. You can click a row to navigate to the applicable Deal Edit Benefits Schedule screen. You can quick search on Deal Name or Name.
Override Calculated Values
Important
You need the Benefits Schedule - Override Owner Level Actuals security privilege to override calculated values.
You can override the OPA, LT Actual, and UT Actual amounts at the deal level and Income/(Loss) level.
Select the Override Owner Level Actuals checkbox to change the owner-level LT Actual and UT Actual amounts to editable fields. You can override one or multiple owners' LT Actuals and UT Actuals.
Note
The system does not sum overridden owner-level actual amounts nor update the deal-level actual amount, even when the deal-level amount is not populated.
Main Tab
Main Information
This section displays:
Calculated/Current values for 10 Yr and 15 Yr credits.
LT Actual and UT Actual values at the owner level.
Only those owners of the Master Tenant in a Finalized Ownership Schedule. If there is no Master Tenant Owned Entity, then the owners of the Partnership in a Finalized Ownership Schedule will be displayed.
When deal-level LT Actual values are populated, owner-level values are calculated based on the owner's ownership percentage (Ownership Schedule).
The OPA amount for the first year defaults to the best available annual amount. The best available annual amount is the Cost Cert Annual Amount if available; otherwise, the Forecasted Annual Amount.
Monthly View Tab
The screen displays a row for deal-level benefits and owners of the Master Tenant, if one exists in a Finalized Ownership Schedule. If there is no Master Tenant Owned Entity, then the owners of the Partnership in a Finalized Ownership Schedule are displayed. The fields are read-only and calculated based on the annual values.