Adding Bank Closing Days

  • 01/10/2024
  • 3 minutter at læse

The Bank Closing Day schedule is essential for accurately determining banking and payment deadlines. It ensures that payment due dates are calculated properly by accounting for weekends (Saturdays and Sundays) and recognized holidays in the SEPA region. By using the Bank Closing Day schedule, you can proactively adjust payment dates either before or after bank closing days, optimizing your payment processes in Business Central. On the Banking Export Setup page, the Move Payment Date field lets you specify how the Payment Date or Payment Discount Date should be adjusted if it falls on a Bank Closing Day (e.g., a banking holiday or a Sunday). You can choose to move the date before, after, or have the system ask the user for manual input.

All dates in the Bank Closing calendar are automatically treated as national holidays and included in payment deadline calculations, with Saturdays and Sundays always excluded by the system. Continia's setup files pre-configure these bank closing days, so you don't need to make changes. However, if your organization has specific requirements—such as adding bank closing days specific to your region or setting up additional non-processing days—the recurrence pattern page allows you to easily configure them.

To consistently calculate payment bank due dates when generating payment proposals, Continia Banking offers the capability to maintain a Bank Closing Days calendar.

To add Bank Closing Days:

  1. Use the Search icon, search for Bank Closing Days, and select the related link.
  2. On the action bar, select Bank Closing Days Setup Wizard for guided steps, or select New to add a date directly.
  3. When using the wizard, select the country, enter a description, and select the start and end date.
  4. Select Next.
  5. Bank closing days are primarily provided automatically through Continia's setup files. If your organization has specific requirements, such as blocking payment processing on the last Thursday of every month, the recurrence pattern page allows you to configure those additional bank closing days as needed. Select the recurrence period type, the weekly interval, the day of the week, and select Next.
  6. Select Finish to complete the setup.