Ideas for the Mambu Banking Engine

Allow select Booking Date for Write-off transaction type (including Write-Off Adjustment)

What: Allow users to select Booking Date when posting or reversing Write off transactions

Why: In some cases tenants need to choose a different Booking Date when writing-off or undoing a write-off as part of corrections/ reconciliations, for example when a correction is needed after an accounting closure. Currently, in order to perform this action, e.g. post a write off reversal - the closure needs to be deleted first, then the transaction corrected (affecting accounting balances already audited and reconciled during the accounting closure period) and the accounting closure needs to be re-applied once the correction is done. This may be the problem if after an audit it is not not allowed to reopen an accounting period.

  • Alyona Gorlushko
  • Aug 27 2019
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  • Magdalena MikoĊ‚ajewska commented
    11 Sep 10:57

    This should be available for both Write off and Paid off feature as both close the loan before the last due date with some write off amounts