1 EOD Configuration

This topic provide information about the EOD Configuration processes.

The end-of-day (EOD) batch process runs at the end of each business day. It processes all the transactions that occur during the day. The process records and reconciles all transactions accurately. It helps maintain the integrity of the bank's financial data and ensures customers accounts are up-to-date.

The EOD batch process performs the following:
  • Consolidate all the transactions
  • Verify the accuracy of the data
  • Update the records in the respective General Ledger (GL)

This topic contains the following subtopics: