How to handle Reconciliations during Public Holidays?

When managing reconciliations during a public holiday, consider the following:

1. Adjust your reconciliation date: Use the "Last Business Day" option in your reconciliation settings, which automatically reconciles the last workday before the run date.
2. Select an appropriate holiday calendar: Choose a holiday calendar that recognizes the specific public holiday, ensuring the system skips non-business days during the reconciliation process during reconciliation.
3. Process on the next business day: If the reconciliation due date falls on a public holiday, you can perform the reconciliation on the following business day.

By implementing these practices, you can maintain accurate and compliant reconciliations while respecting public holidays.

Example Scenario:

Public Holiday: AU Public Holiday

Date: 25 December 2024 and 26 December 2024

When running the reconciliation batch on 27 December 2024, the system will reconcile data for 24 December 2024, which is the last business day before the public holiday.