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Cash account ceiling ignored?

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(@docfiddle)
Trusted Member Customer
Joined: 3 years ago
Posts: 33
Topic starter  

Under what conditions is the cash account ceiling ignored? The manual indicates that flows above the ceiling are deposited in the investment account. In a model I'm currently working with, the tool is ignoring that ceiling -- the cash account grows far beyond the ceiling. I've checked the floor/ceiling amounts in the initialization view, and they are correct. I'm using the latest version (10/22) of PRC 2023.


   
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(@smatthews51)
Member Admin
Joined: 4 years ago
Posts: 729
 

@docfiddle There are no such conditions. Just one thing, though: The cash account floor and ceiling levels are adjusted annually for inflation. So, in terms of today's dollars they should remain constant; however, in terms of future dollars, they increase every year at the rate of inflation. By any chance does that explain what you're seeing?

Stuart


   
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(@docfiddle)
Trusted Member Customer
Joined: 3 years ago
Posts: 33
Topic starter  

You got it, Stuart. I completely forgot that the sheet was set to future dollars. My bad. Sheesh.


   
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