Settlement or unsettlement should not be possible with fiscal period is closed / on hold.
When fiscal period is closed or on hold, if transactions are generated, settlement is not possible. BUT if settlement is does not generate transactions it is not blocked.
Either an option to block settlement / unsettlement on fiscal period should be added or settlement should not be possible when fiscal period is closed even if no transaction is generated.
Settlement / un-settlement impacts some reports used by auditors. Even if balance is not modified, list of open transactions will differ.
Comments
I completely agree. We have only just gone live with MSD365 and someone was able to settle transactions in December when the period was closed which then prevented us from running the November FX revaluation report.
This is a flaw and a major control issue with the system so I will be getting colleagues to vote for this.
Category: Cash and bank management
*It is a report issue. => The modification should be modified
Sorry, I wanted to write : The report should be modified
Category: Cash and bank management
Hello,
I disagree,
Settlement/unsettlement should not be blocked, only because of auditors preferences.
List of open transactions will differ, and should differ.
The settlement table provide information on the date of the settlement/unsettlement.
It is a report issue. => The modification should be modified.
Regards, Maxime.
Category: Cash and bank management