Enhanced Control Over Actions on Closed Periods and Locked Periods in Reconciliation Compliance

Configuration settings in the new Period Actions tab in System Settings enable Service Administrators to define the actions that are permitted on closed periods and locked periods. Actions for closed periods include allowing creation of reconciliations, deletion of reconciliations, and loading balances. For locked periods, action plan updates can be turned on or turned off.

Business Benefit: This feature provides customization and greater flexibility over actions that can be performed on closed periods and locked periods. Service Administrators can configure period action settings in line with their business requirements.

Key resources