Clarify all stages in COB.MONITOR

I always wounder who is posting under kda.
This is very basic T24 knowledge and you are member since years?!

User Guide - Close Of Business
Product Overview
Close of Business (COB) is the most important T24 activity that brings together the events of the day for the bank and processes them. The events could be in terms of loan schedules, accruals, internal bank accounting and could be reports. These constitute important financial activity and more importantly are scheduled for a specific day. Temenos Close of Business is a robust mechanism through which the above facility can be achieved with scalability in terms of performance and reliable in terms of recovery.

T24 Batch Processing is handled by the Close of Business. Close of Business is used for processing events, calculating and posting interest, rolling the bank date forward and productions of various reports. The Close of Business triggers various activities based on the scheduled date and based on any specific condition.

The Close of Business consists of the following five stages in sorted order.

1. APPLICATION Individual application processes (Forex, Funds Transfer etc)
2. SYSTEM WIDE System Wide processes (Interest & Charges, Revaluation etc)
3. REPORTING Main system reports (trial balance, general ledgers, transaction journals etc)
4. START OF DAY After date changed (Standing orders, split month end events, cash flow maintenance etc)
5. ON-LINE Any non-critical reports and processes which can be run after the system has returned to online mode.

The Close of Business runs various processes based on the order above. The Close of Business runs the process in sorted order of stages and within the stage based on the sequence number.
Each Batch stage consists of a number of processes with same or different sequence number , which correspond directly to records on the BATCH file, and each process consists of a number of jobs which are routines defined on PGM.FILE as type ‘B’. Each Batch process defines the stage and sequence at which it has to be run, the jobs to be run and the frequency with which it has to be run.
At no stage, the stage and the sequence of the batch process will be violated thus ensuring data integrity and proper processing of jobs if they are dependant on a earlier stage.

Hi kda,

I'm not bothered - just wondering !


Regards
jpb