1.10.2 EOD Functions

This topic provides information about EOD functions details.

Transaction Allocations

All the transactions that have been authorized and not yet allocated will be done by these functions.

Refer topic Confirmation and Allocation in the Fund Manager User Manual for a fuller description of all the activities with respect to validation and allocation.

Summary Reports

All the summary reports that have been scheduled for the day are printed.

Contract Notes

The End of Day processes on a given business day execute an EOD job that prints contract notes in respect of transactions allocated on a given business day. The job checks to see if the contract notes have already been printed from the menu. If so, duplicates will be printed only if the Duplicates Required option in the task parameters static information for the job has been enabled and set to Yes. If the Duplicates Required option has been set to No, duplicate contract notes are not printed by the EOD job. The Duplicates Required option is configured by the implementers at your installation, according to your requirement in respect of printing of duplicate contract notes.

If the contract notes have not been printed through the Confirmation Reports menu, the EOD job prints the contract notes.

Also, if allowed, as explained above, the EOD job prints transaction contract notes for transactions involving only those unit holders for whom the File option has not been set as the preferred mailing mode in the unit holder account details. For transactions involving any unit holders for which the File option has been set in the account details, the EOD job suppresses the printing of contract notes.

Fiscal Year Updating

The system checks for the Fiscal year period according the Fund Rules and resets the Fiscal year as the previous year is completed.

Transaction Enabled Status Updating

Check for the Transaction start and end period as per the Fund rule set up and enables or disables a given transaction for a given fund as and when required.

Unit Holder Counter Updating

Updates the unit holder Free Counter and Limit Counter for the given transaction of the fund. The unit holder is further allowed the same transaction for the fund as per the latest available Free Counter and Limit Counter details.

Audit Trail Report

Audit Trail Report Prints the Audit trail report for the day. The report is printed for the entire Audit trail Ids that are maintained through the Audit Trail Format Maintenance.

Generation of SI Reminders

Generates reminders for all the standing instructions that have been generated and not yet processed. The reminders are generated if the option is set in the SI setup. They are generated both before and after the SI. The period is as per the SI set up.

Purge Activities

The data that is to be purged is checked up with Purge Frequency and once the period is reached, the corresponding data is purged.

The purge check is done for the following frequencies:

• Daily
• Monthly
• Yearly

Once the data is purged, the last purged date for the given detail is set to the Application date.

Auto Redemption Intimation

This will print intimation to all such unit holders whose unit holder balance is below the minimum balance specified for the fund. The unit holders will be given some time to increase their balance failing which their Units will be automatically redeemed.