Article Details
Id: | 14751 |
Product: | finPOWER Connect |
Type: | NEW |
Version: | 3.00.07 |
Opened: | 28/07/2017 |
Closed: | 28/07/2017 |
Released: | 18/08/2017 |
Job: | J019376 |
Loan Accounts; new option to complete the close process for "Closed (Pending)" Accounts
There is a new option to complete the close process, i.e. Close the Account, for "Closed (Pending)" Loan Accounts during Account Processes.
Each Loan Account Type includes an option to turn this on - the default is Off (unchecked).
Account Processes has a new option under the Loan Accounts heading "Complete pending Closes?". If checked, an Account that is currently "Pending (Closed)" will be closed if:
1. It's Account Type is set to complete the process.
2. The Account has a Pending Close Review Date defined.
3. The Pending Close Review Date is on or prior to the "Process To" date entered.