1. Trade Finance - Automated End of Day User Guide
  2. Annexure A - List of End of Cycle Functions
  3. EOD and BOD Batch Jobs
  4. Automatic Change from Acceptance to Advance

3.2.7 Automatic Change from Acceptance to Advance

To recall, while defining preferences for a product, you have the option to indicate whether the movement of a bill from acceptance to advance should be done automatically or manually. This preference that you state for a product will be inherited by all the bills linked to the product.

The Automatic Change from Acceptance to Advance function can be run as part of EOD This function, will pick up for processing, only bills which are:
  • Active and authorized.
  • Bills for which you have specified automatic change from acceptance to Advance.
On moving a bill from acceptance to advance, the accounting entries passed for the event Change from Acceptance to Advance (BADV) will be automatically passed.

Parent topic: EOD and BOD Batch Jobs