EOD Processing

The EOD (End-of-Day) Processing page manages the daily batch operations that run at the close of each business day.

Navigation: Administration → Financial Setup → EOD Processing

What Is EOD Processing?

End-of-day processing is an automated batch job that runs daily to:

• Advance the business day — Move the system date to the next business day
• Accrue interest — Calculate and post interest on loans and deposits
• Detect arrears — Identify overdue loan repayments
• Calculate penalties — Apply penalty charges to overdue accounts
• Process standing orders — Execute scheduled transfers and mandates
• Update account statuses — Detect dormancy, maturity, and other state changes
• Post GL entries — Generate journal entries for the day's automated transactions

Business Day Management

The EOD processing page shows the current business day status:

Field	Description
Current Business Day	Today's business date
Business Day Status	Open or closed
Last EOD Run	When EOD was last successfully executed
Next Business Day	The date that will become current after EOD

Running EOD

1. Navigate to Financial Setup → EOD Processing
2. Review the current business day and pending items
3. Click Run EOD Processing
4. The system executes all end-of-day tasks in sequence
5. On completion, the business day advances to the next date

WARNING

EOD processing should be run only once per business day, typically after all tellers have balanced their tills and all manual transactions are complete. Running EOD is irreversible — the business day cannot be rolled back.

EOD Steps

The EOD process runs these steps in order:

1. Validate — Check all prerequisites (tills balanced, pending approvals resolved)
2. Interest accrual — Calculate daily interest on active accounts
3. Arrears detection — Flag overdue loans
4. Penalty calculation — Apply penalty charges where configured
5. Standing orders — Execute scheduled transactions
6. GL posting — Post all automated journal entries
7. Day advance — Move to the next business day

Next Steps

• Budgets — Budget management and variance tracking