Warning: Assessed Value is Zero When Running Administrative Fees

When editing and posting administrative fees, the message Warning: Assessed Value is Zero occurs even though the fund does have a balance and should be getting fees.
This can occur for several reasons. Here are some items to check to see why your administrative fees are calculating to 0:

1. Check and see if the Fund Balance is in the investment account in the pool. If the balances are not there and are in some other account like a cash account that is not in a pool, then no fees or other allocations will be calculated for that fund. This can occur with new funds where the balances were not moved into the investment account.
2. Check the Administrative Fee setup for the fee code in question in Fund Code maintenance to be sure it is set up correctly. See the following document on setting up Administrative Fee codes:

https://fimshelp.microedge.com/fimshelp/hh_start.htm#10-fund mangement/maintaining_administrative_fees.htm#_Toc425946591%3FTocPath%3DFIMS%2520Core%2520Modules%7CFund%2520Management%7CFile%2520Maintenance%2520%25E2%2580%2593%2520Funds%7C_____8

3. Check the fund\funds in question and make sure that they have a admin fee code set for them. This is located on the Fund1 tab of the Fund record.

 

Environment

 FIMS

Was this article helpful?


Thanks for your feedback! Did this solve your issue?

Comments (optional):


Thanks for your feedback!
We're glad it was helpful but sorry it didn’t solve your issue. If you need assistance, click Chat with Support below.
We’re sorry to hear that. Please tell us why.

 I don't like how this works.

 The answer is confusing.

 The answer didn't match what I was searching for.

Additional Comments (optional):


Thanks for your feedback! If you need assistance, click Chat with Support below.
Thanks for your feedback. Help us make our products even better by sharing details in our Idea Banks or our online Community.
Thanks for letting us know. We'll work on clarifying the information in the article. If you need assistance, click Chat with Support below.
Thanks for letting us know. We'll work on updating the search engine to return more relevant results.