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Future cutoff accounting

Updated on January 18, 2022

When the PegaAcct-Step-FinCutoffType map value rule is set to Future, the following processing occurs:

If the step is past cutoff, then instead of creating an assignment to wait, the step is posted but with the next business day. The cutoff evaluation in the FinStepPost flow sets the task status to ready for release.

If the step is not past cutoff, the evaluation activity changes the value of the cutoff type, so it is no longer Future.

During posting, the PegaAcct-Step-FinPostStep activity is used to set the posting date and time. If the CutoffType is Future, it uses the Rule-Utility-Function BusinessCalendar.NextBusinessDay. If the CutoffType is no longer Future, this activity sets the posting date and time in GMT.

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