6.1 Daily Events

This topic explains the processing of daily events and mandatory batch program maintenance

The Daily Events has the below topics:
  • Process Daily Events
  • Mandatory Batch Program Maintenance

Process Daily Events

As part of the batch processes, the following events are selected and processed:

  • Settlements
  • Accruals/Amortization
  • Revaluation population
  • Revaluation processing

The batch function identifies the previous process to date (the date until which the previous batch was run) and the current process to date (the date until which the current batch is being run) for the current batch run. It then considers the type of batch being run. This can be either BOD batch run or EOD batch run.

Based on the parameters specified at the time of maintenance, the function selects the various events in the following order:

Events that need to be processed only once in a batch run and are applicable for the type of batch being run whether BOD or EOD.

Events that requires running for all holidays falling between the previous process to date and the current process to date.

Events running on every processing date and are applicable for the current type of batch being run for all the working days of the batch.

Mandatory Batch Program Maintenance

This section contains following sub-topics: