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For Cash based accounting, we are currently doing the following
A new Liability Account is mapped during a savings product creation called "Suspense Account for savings transfers"
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Client transfer proposal in Branch A : Debit "Savings Control" and Credit "Suspense Account for savings transfers" with the total account Balance
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Client Transfer acceptance in Branch B : Debit "Suspense Account for savings transfers" and Credit "Savings Control" with the total account Balance
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Client Transfer rejection in Branch B: No Journal entries
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Client Transfer Proposal withdrawn in Branch A: Debit "Suspense Account for savings transfers" and Credit "Savings Control" with the total account Balance
Batch jobs would also be updated to stop any interest posting, automated fee applications once a transfer is proposed
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