Close Account Wizard, Select Account to Close
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Close Account Wizard, Select Account to Close

Select the Account to close

Account

Enter an Account Code here, or change the Account that has defaulted to this field if required.

If you opened the Close Account Wizard by selecting Account Close Icon Close Account from the Action List on the left of the Account Form, the currently displayed Account will be displayed here by default.

Enter the date, method and other options to close the Account

Date

Enter the date to close the Account. This can be a future or past date.

If closing an Account on a future date (perhaps you are doing this to get a future closing balance for a settlement quote) finPOWER Connect assumes that no more payments will be made

If you are back-dating the Account closure, Accrued Interest and Fees will be recalculated and any transactions already posted will still be taken into account. A warning will display in the Summary advising of the total of transactions dated after the Close Date.

Method

Choose a method from the dropdown list. There is no difference in the closure process, but the Method selected here will be displayed on the Account form Status and Key Details pages.

Notes

Select Notes from the dropdown list, or enter closure notes (if permissions allow freehand entry of Notes).

This list is defined by the AccountCloseNote[Method] Information List.

Preview Pane

The Account Close Summary Page Script is configured as follows:
Script TypeSummary Page
Target ObjectAccountClose
Script Template NameCloseSummary
Configuration NotesGlobal Settings, Accounts, Scripts, AccountClose

Topic last updated on 09/12/2016 3:07PM CloseAccount.SelectAccount