Proposal: Process Flow of End-of-Day Processing 

We recommend the following process flow for end-of-day processing:

When you begin the end-of-day processing, the payment transaction date and the balancing posting date must be identical. This section details the end-of-day processing for October 30.

       1.      Collect the contract amount for term agreements (RFBKTDEPOSITCOLLECTION)

The report selects accounts whose collection date is on or before the current posting date (October 30).

       2.      Fix term agreements (RFBKTTERMCONTROL)

The report selects accounts whose Term Start date is on or before the current posting date (October 30).

       3.      Set the posting cut-off for payment transactions (RFBKPDT2)

The payment transaction date changes to October 31. At this stage, the posting date for balancing postings is still October 30.

       4.      Write a report that supplies the date variables (for the old and new payment transaction dates) to the table TVARV.

The current payment transaction date (October 31) is used as the new date (date_new), while the payment transaction date before the posting date change (October 30) is used as the old date (date_old). You must structure this report as per the sample report described in the Online Self Service (note 123217).

       5.      Execute cash concentration (RFBKKC20)

Account carryforwards are posted for all accounts in the hierarchy that are due for cash concentration on October 30.

       6.      Execute account balancing (RFBCONC)

Accounts whose next balancing date is on or before October 30 (date_old) are balanced.

       7.      Execute account closure (RFBKACCL)

Accounts whose closure date is on or before October 30 (date_old) are selected and closed.

       8.      Set the posting date for the balancing postings (RFBKLEB)

The posting date is set to October 31.

       9.      Initiate correspondence for prenotification of maturity (RFBKTTERMPRENOTICE)

Correspondence is initiated for term agreements whose predefined notification date is on or before October 30 (date_old).

   10.      Call term agreements (RFBKTTERMMATURE)

Term agreements whose maturity date is on or before October 30 (date_old) are called.

   11.      Generate bank statements (RFBKBSST)

Bank statements are generated for accounts whose next execution date (for bank statements) is on or before October 30 (date_old).

   12.      Execute account currency changeover (RFBKCHACCUR)

Accounts whose currency changeover date is on or before October 31 (date_new) are selected.

   13.      Execute accrual or deferral of interest and charges (RFBKCONA)

Interest and charges up to October 30 (date_old) are computed.

   14.      Execute balance sheet preparation (RFBKGLBSPREP)

Transactions up to October 30 (date_old) are selected.

   15.      Transfer postings to general ledger (RFBKGL01)

General ledger postings include transactions up to October 30 (date_old).