Cut-off times and the calendar
Before a step can be posted during accounting cutoff processing, all transactions in the step are checked against the cutoff time in the Rule-PegaAcct-Financial-Cutoff class specified by the Rule- PegaAcct-Financial-PaymentType rule.
Depending on the type of transaction, the Rule-PegaAcct- Financial-PaymentType rule specified in one of the following step rules is checked:- Rule-PegaAcct-Financial-Adjustment
- Rule-PegaAcct-Financial-Payable
- Rule-PegaAcct-Financial-Receivable
Before using the specified cutoff time, the system checks the calendar to check whether
the processing occurs on a business day. If it is not a business day, the transaction is
automatically held for cutoff and posted on the next business day. The steps held for
posting on the next business day are re-released for posting at the time specified in
the FinReleaseTime activity in the Rule-PegaAcct-Financial-
Cutoff class. The steps can also be released by users with sufficient
security privileges.
The Default calendar, used in all areas of the product, is specified in the
FinCutoffCalendarmap value rule in the
Rule-PegaAcct-Financial-Cutoff class. You can create an
additional calendar if your organization requires a separate calendar specifically for
accounting cutoff days.
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