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Posted to issues@fineract.apache.org by "Bharath Gowda (Jira)" <ji...@apache.org> on 2023/07/10 11:13:00 UTC

[jira] [Commented] (FINERACT-1950) Disallow backdated transactions after COB

    [ https://issues.apache.org/jira/browse/FINERACT-1950?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=17741561#comment-17741561 ] 

Bharath Gowda commented on FINERACT-1950:
-----------------------------------------

[~ikimbrah] +1 from my side. this is a practical challenge being faced currently. if we segregate the closure for portfolio and accounting it will ease the operational overheads. especially during month ends and year ends

 

> Disallow backdated transactions after COB
> -----------------------------------------
>
>                 Key: FINERACT-1950
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1950
>             Project: Apache Fineract
>          Issue Type: Improvement
>            Reporter: ibrahim kimbugwe
>            Priority: Major
>             Fix For: 1.9.0
>
>
> We need to have a global configuration to disallow backdated transactions for a given period without necessarily closing an accounting period in the closing entries. 
> A use case of a teller not being allowed to post a backdated transaction on a customer after the till was balanced or after COB. The accountant can however have the right to post GL transactions on a back date. 
>  
> This should however be set as a global configuration that can be turned on and off. 
>  
> [~francisguchie] and [~bgowda] and [~eroemma] what do you think of this improvement?



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