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Distribution cycles and a hybrid fund's split - Product News

Distribute every fund whose next distribution date has come in one step, preview the cycle before you confirm it, and see a hybrid fund's tagged and contestable balances on its record.

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ForAdministrators

What's new

  • Run Distribution Cycle. Choose a date and Backed shows every fund due on it: the payment lines its tagged share adds to one Draft batch, the amount its contestable share puts into each linked grant's pool, its next distribution date after the cycle, and why any due fund is left out. Select Confirm to run it, then open the batch. Funds that aren't due are left as they are, and each date can have only one cycle. Find it under Plan > Funds or Award and pay > Payments, with the cycles already run listed below. See Run a distribution cycle.
  • A hybrid fund's split. A Hybrid fund's Overview now shows Tagged Available and Contestable Available, each under its share. See A fund's record and its child funds.