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Bulk Account Closure ONLINE

  • richard
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4 years 1 month ago #22779 by richard
Bulk Account Closure ONLINE was created by richard
Hi,

I have to close huge set of Accounts on go, But the challenge is Upon Closure the WORKING.BALANCE to be moved to one SUSPENSE ACCOUNT and if any DR/CR INTEREST to be moved to another SUSPENSE ACCOUNT.

But as I know ACCOUNT.CLOSURE will have only one SETTLEMENT.ACCOUNT field.

How can we achieve this?

If we think of moving the WORKING.BALANCE as a separate entry (VIA FT)prior to ACCOUNT.CLOSURE. There are some residual amount +/- needed for Successful ACCOUNT.CLOSURE in some scenarios.

The closure has to be made online Before COB

Thanks in Advance,

BR,
Best Regards,

Think green – keep this on the screen

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