Article Details
Id:10344
Product:finPOWER Connect
Type:NEW
Version:1.06.00
Opened:20/07/2012
Closed:23/07/2012
Released:01/08/2012
Job: J010056

Disbursements; Entities now include a separate "Disbursement Begin Date" to control backdating of Transactions

Entities now include a separate "Disbursement Begin Date" to control backdating of Disbursement and Commission Transactions when approving Disbursements.

For example, if a commission disbursement is dated 28/6, and due for payment on the 20/7. If it is approved in mid-July, but the Transaction Begin date on the Entity has already been set to 1/7 it would fail. This allows Disbursements to be backdated to a separate control date.