Atlantis Fee Adjustment

eRecs Receivable Reconciliation Screen
Select the Atlantis trade (or select multiple Atlantis trades) to be adjusted
- Atlantis External trade(s) must be in receiver view
Select the drop-down Tools menu, select Edit External Fee Adjustment
The adjustment window will open
1. Adjusted Amount- update the Fee Amount
2. Adjusted Rate- update the Rate, the rate entered will be multiplied by the quantity of the trade(s) to calculate the Fee Amount
3. Adjusted Tax Rate- Tax rate entered as a decimal
4. Adjusted Agreement- Adjust Atlantis Agreement ID on trade
The Currency (CCY) is required for making any fee update (4.1, 4.2, 4.3)
An adjustment reason must be selected from the drop down
The user has option to add a comment
Select Ok
Save these changes in the Recon screen by selecting save at the top of this window
The Receiver State will update to Pending Fee Amend while the trade amend is being processed
Once the updated trade returns to eRecs, the Match Group will automatically be broken.
- A change in the External Fee is considered a significant change which breaks the match group allowing the trades to be considered in following matching process.