Technology
In DTI what does CIL stand for?
Compliance Items List
What is the threshold for cash contributions that should be added to the 926 Tab?
Exceeds $20,000
Which tab from the PBC tax package should be copied and pasted, not moved or copied, into the workpaper file?
TB Summary tab
What must be obtained before submitting a SNOW ticket to add a new investment to iPACS?
Manager approval
The Default Allocation Rule (DAR) is used for?
Special Allocations
What is the reporting threshold for section 165 losses?
$400K
What is the standard naming convention for the excel workpapers?
TY24_[Entity Name]_Workpapers
From which tab do you copy the line mapping to map to an allocation rule?
Available Mapping tab
How should teams request assistance from the PSG team for iPACS-related issues?
Snow Ticket
What is the reporting threshold for foreign currency losses?
$10K
To what should management fees charged by the JRP fund to its investors tie?
Tie to the PBC PCAP report
How many Entities does JRP hold?
169
What import is used to enter allocation percentages for items to be allocated on a prorata basis.
The Yearly Import
What assumption should be applied if the reported Line 9A gain is less than $1M?
Assume total amount is 3+ Year LTCG
When starting the workpaper process do we rollforward or get a new workpaper?
Where lies the answers to all your questions?
The Engagement Overview!
How many core federal registers are bridged over from IPACS to K1G?
6 Registers
What percentage of the filing threshold must a loss exceed to be reported on the fund’s K-1?
20% of the filing threshold
Where should management fees from underlying investments be reported in the MK-1 import?
SECTION 212 EXPENSES - MANAGEMENT FEES EXPENSE - FROM FLOW-THROUGH – ORDINARY
The most famous quote from Brian Frink
"Jasper puts the FUN in Fund to Funds"