Viewing and Managing Day Changes in the Console
The Day Change process is a core part of the system’s daily operations that provides a clear, transparent view of how your system transitions from one business day to the next.
Each Day Change execution performs a series of scheduled operations that include:
Invoice processing: Generating, processing, and settling scheduled invoices that are due on the new business day.
Ledger transactions: Posting accounting entries related to fees, payments, interest, and penalties.
Overdue payment handling: Updating overdue invoices, calculating penalty interest, and adjusting balances for contracts that have entered debt status.
Amortisation schedule processing: Recording principal and interest amortisations to update contract balances and ledgers.
This automated process ensures that all contracts, invoices, and ledgers remain current and accurate each day, reflecting real-time financial activity across the system.
You can access Day Change information directly from the console: Platform > Contracts > Lending > Day Changes
This opens the Day Change list view, which displays all past and recent executions, including the execution date and time, the duration of each run, the execution status, the created and updated timestamps, and the system user that triggered the process
Day Change Execution Overview
Clicking any record in the list opens the Day Change Execution Information page, where you can review detailed information about that specific run.
The page includes:
Execution status: Whether the run completed successfully, failed, or is still in progress.
Timestamps: When the execution was created, updated, and how long it took.
System details: Information about the system user and automated execution environment.
At the bottom of this view, you’ll find two key tabs: Invoices and Amortisations which display the results of the daily processing.
Invoices Tab
The Invoices tab lists all invoice-related actions processed during that day change. This includes both successful and failed executions.
Each row provides detailed information such as:
Contract ID: The contract linked to the invoice.
Amount and amount type: Whether it’s a Principal, Interest, Fee, or Penalty.
Payment date and balance: The due date and remaining balance after processing.
Accrued interest and paid amount: Financial activity applied during the process.
Status: Indicates if the invoice was Completed or moved In Debt.
If invoices are shown as In Debt, it means payments were missed, triggering penalty calculations and debt updates for those contracts.
Amortisations Tab
The Amortisations tab shows how the system updated contract amortisation schedules and ledger postings during the day change.
For each contract, it displays:
Amount and cumulative amount applied for principal and interest.
Balance after amortisation.
Payment and processed dates.
Execution status (Processed or Completed).
This ensures that daily interest accruals, repayments, and principal reductions are reflected correctly in the system’s financial records.
Role-Based Actions
Depending on your permissions, you can:
Run Day Change manually (if enabled for your environment).
Monitor execution history to ensure each day was processed without errors.
Verify contract, invoice, and ledger updates for financial accuracy.
Investigate failed executions and re-run them after correcting issues.
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