2.2.28.3 Month End Liquidation

This topic describes about the detailed information on month end liquidation

On selecting Month End Liquidation checkbox, liquidation happens on every month end for the configured fee rules irrespective of the Liquidation frequency.

For example: If Fee start date is 5th April and Month end liquidation is checked,

Advance fees- First fee gets liquidated on fee start date and second and subsequent fee payments will be collected on month end - for eg: 30th April.

Arrear fees- First fee gets liquidated on Month end and last instalment will be liquidated on fee end date.

Note:

Month End is applicable only if liquidation frequency is monthly and above.

Month End Liquidation

Figure 2-31 Month End Liquidation

Description of "Figure 2-31 Month End Liquidation"