You asked and we listened.
We have received many questions regarding PDIP Spendable Income being in a separate project from the associated "parent" project.
In order to make it easier for both the administrators and us to manage these projects, the spendable income from your PDIP project will be moved automatically to its parent project starting in FY2013.
This means you will no longer see the PDIP project separately for spendable income purposes. For non-spendable activity you will still see investment activity in the PDIP projects.
This process will allow you to see all of your spendable income for the parent project and PDIP project together. It will only require one DRF to access your spendable income.
The same carryover rules still apply. Carry forward spendable income is only available for two years. Expenses will be applied to the oldest income first.
When you receive your July reports (in mid-August), spendable income allocations for FY2013 will have been loaded. The new codes for PDIP Spendable income amounts, if applicable to a project, will be as follows:
PDIP CY - current year spendable income from the associated PDIP project.
PDIP PY - prior year spendable income from the associated PDIP project. This is the FY12 carry forward from the PDIP project.
PDIP Pre-PY - prior year spendable income from the associated PDIP project. This will be FY11 carry forward from the PDIP project.