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for recognizing the same while doing a prepayment.

4.2.4  Month end and year End Closing

We should also have an option for Month end closing and year end closing at a branch level (basically a bulk “apply accrued interest” till date job for all loans of declining Interest type)

This is must for regulatory requirements. We should have the option to turning the same “on” and “off” from the user interface

*This section needs to be revisited in detail

5         Closure Dates

Allow setting closure dates at branch level after which accounting transactions cannot be posted.

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