1.1.13 Backdated Transactions Allocation

This topic provides information on backdated transaction allocation.

Select the option Yes in Back Dated field of the Allocation Detail screen to allocate transactions that have backdating allowed as defined in the fund rules for the fund in which the transaction is being put through.

All the transactions that have been entered into on the current application date with transaction date earlier than the same can be allocated through this function. The date of transaction should be within the limit specified for back dating as defined in the Transaction Processing Rules for the fund, or as set up for the agency branch / transaction type in the backdating table. This will take the transaction price of that date as effective for the given transaction.

Refer Workflow of Allocation Process for executing the allocation process.

The allocation procedure is the same as the normal allocation process for the given transaction type. All the updating will be effected as of the date of allocation for the given transaction.

Note:

For Allocation Multi-Threading process a new parameter ALLOCHUNKSIZE is been added with default value 999999 business can modify to any valid values.