8.3.3 Process for Holidays

Any automatic event that is scheduled for a holiday is processed as per your specifications in the Branch Parameters table:

  • If you have specified that processing has to be done on the last working day (before a holiday) for automatic events that fall due on holidays, the events falling on the holiday is processed during end of day on the last working day before the holiday.
  • If you have specified that processing has to be done only up to the System Date (today), then only the events scheduled for the system date (the last working day before the holiday) is processed. The events that fall due on the holiday is processed on the working day immediately following the holiday, during beginning of day processing