Providing you have suitable access control permissions, you can create an ABOR providing an accounting view of one or more transaction portfolios.
To do this, you must have already created an ABOR configuration module referencing a chart of accounts and a recipe able to value these portfolios.
Subsequently, you can create a trial balance for the ABOR, or incorporate it in a fund.
The following methods for creating an ABOR are available:
- Method 1: Using the LUSID web app
- Method 2: Using the LUSID API
- Method 3: Using Luminesce
Using the LUSID web app
- Sign in to the LUSID web app as a user with suitable permissions.
- From the top left menu, select Financial Reporting > Mapping.
- On the ABORs dashboard, click the Create abor button and follow the instructions:
Using the LUSID API
- Obtain an API access token.
- Call the CreateAbor API, specifying a scope in the URL and, in the body of the request:
- A
code
that together with the scope uniquely identifies the ABOR (the code must be unique within the scope). - A
displayName
and, optionally, adescription
. These are informational fields only. - In the
portfolioIds
collection, the scope and code of at least one transaction portfolio. Note portfolio groups are not currently supported. - An
aborConfigurationId
that identifies an ABOR configuration module. - Optionally in the
properties
collection, any number of custom properties from theAbor
domain to extend the data model. Alternatively, you can add or remove properties using the UpsertAborProperties API at any time.
- A
Consider the following example, of an ABOR with a scope of Abor
(highlighted in red in the URL) and a code of Standard
(in yellow in the body). Note the ABOR maps to a single portfolio:
curl -X POST 'https://<your-domain>.lusid.com/api/api/abor/Abor' -H 'Content-Type: application/json-patch+json' -H 'Authorization: Bearer <your-API-access-token>' -d '{ "code": "Standard", "displayName": "Standard Abor", "description": "This is a standard Abor", "portfolioIds": [ { "scope": "Finbourne-Examples", "code": "UK-Equities", } ], "aborConfigurationId": { "scope": "Abor", "code": "Standard" }, "properties": { "Abor/Abor/AccountantName": { "key": "Abor/Abor/AccountantName", "value": { "labelValue": "Sam Stokes" }, "effectiveFrom": "2020-03-05T00:00:00.0000000+00:00" } } }'
In the response, LUSID confirms the identifier of the module consists of the scope and code (highlighted in red). Since no recipe was specified, LUSID provides the default recipe (in yellow):
{
"id": {
"scope": "Abor",
"code": "Standard"
},
"displayName": "Standard Abor",
"description": "This is a standard Abor",
"portfolioIds": [
{
"scope": "Finbourne-Examples",
"code": "UK-Equities",
"portfolioEntityType": "SinglePortfolio"
}
],
"aborConfigurationId": {
"scope": "Abor",
"code": "Standard"
},
"properties": {
"Abor/Abor/AccountantName": {
"key": "Abor/Abor/AccountantName",
"value": {
"labelValue": "Sam Stokes"
},
"effectiveFrom": "2020-03-05T00:00:00.0000000+00:00",
"effectiveUntil": "9999-12-31T23:59:59.9999999+00:00"
}
},
...
}