Article Details
Id:10457
Product:finPOWER Connect
Type:FIX
Version:1.06.03
Opened:03/09/2012
Closed:03/09/2012
Released:17/09/2012
Job: J010296

Security Register PPSR Add-On Australia; Validate Security Statement for a Grantor.

Whether a grantor is specified on a registration is dependent on the collateral class of the item being registered.

If a grantor was not required on the registration, items could still be registered if there was no linked Client or open Account on the Security Statement.

There is now a new validation check for all Security Statements to ensure there is one linked Client or at least one linked Account that is open before an item can be registered.