What's New
The release introduces the following new functionality.
Add Other IDs at Fund Level
The Fund Details screen includes a new grid called "Other Ids," which allows you to track multiple IDs at the fund level. These could be IDs for external systems. The Id Type field is a non-system picklist for which the system administrator can define values.
Change Investors Grid at Fund Level
We made changes to the Investors grid on the Fund Overview screen. The grid now includes owners that are exited in addition to active investors. In addition, we added new columns and renamed some existing columns.
Previous Column | New Column | Definition |
|---|---|---|
Name | Renamed to "Investor" | Name of Investor |
Total Capital Contribution | Renamed to "Aggregate Investment" | Total Commitment Amount for Investor (Equity Schedule) |
N/A | New column called "Funded" | Total Amount Paid for Investor (Equity Schedule) |
N/A | New column called "Unfunded" | Outstanding Balance for Investor (Equity Schedule) for active investors; null for exited investors |
Units | Units (no change) | Number of units from ownership schedule |
Ownership Percentage | Ownership Percentage (no change) | Ownership % from ownership schedule |
N/A | New column called "Admitted" | Admission date from ownership schedule |
N/A | New column called "Exited" | Exit date from ownership schedule |
Expected Return | Renamed to "Yield Target" | Expected return amount from ownership schedule |
Add Credit Start Date on Total Benefits
The Total Benefits screen includes a new field called Credit Start Date, which tracks the date that tax credit benefits start accruing.
The field is added to the Recapture data view and to the Financial Forecast SmartDox schema (can be mapped as get and send).
Update Calculations for Leap Year
We have updated the following due date calculations that include a leap day (2/29) to add one day:
For GP and Guarantor: New Year Process only; LegalEntityFinancialSummary DueDate
LeaseUp DueDate
Occupancy DueDate
Financials: Budget DueDate; Annual DueDate; Periodic DueDate
QSR DueDate
TaxReturn DueDate
Additional Annual Reports DueDate